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Joe Biden and the Democrats Can Stop the Next Debt Ceiling War Before It Starts

Democrats can end the insane tradition of holding the global economy hostage now and forever. Drew Angerer/Getty Images There are many things that should be left in the Pandemic Before Times: meetings that could have been emails, long and pointless commutes, and working without paid sick leave. Also, consider the debt ceiling. Two years ago, Congress and President Donald Trump agreed to suspend the need to raise the debt ceiling until after the 2020 elections. Having been kicked down the road, the can is back: The debt ceiling is now set to expire on July 31, 2021, unless it is once again extended or suspended further by Congress and a Politico article last week suggests that both parties are ready to resume their needless, drawn-out fights over this pointless ritual. With unified control of Washington, Democrats should take the opportunity to get rid of the debt ceiling once and for all.

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