Understanding the McConnell debt limit proposal →
Keith Hennessey explains what the McConnell debt limit proposal is, how it works, and what its political motivations are.
I still support “Cut, Cap, and Balance” as the best long-term plan. While I’d love to see it enacted, I don’t see it happening with this Senate and this President. I’d initially been disposed to strongly dislike the McConnell plan. I actually changed my mind after reading his explanation. I now, reluctantly, support it as the best plan that we’re likely to get past this President and this Congress.