The Pick O’ The ‘Toons!!!

Filosofa's Word

Well, the news as I write this tonight is that Kevin McCarthy and President Biden have reached an agreement to raise the debt ceiling until after next year’s elections, each side doing a bit of give-and-take.  Don’t get too excited, though … the bill isn’t completely written yet, then it goes to the House, possibly as early as this morning, and they will have until probably Wednesday to peruse it and decide whether to vote ‘yea’ or ‘nay’.  Since the House members are on leave due to the holiday, it may take them longer.  Then, if it passes the House, it goes to the Senate and must pass there, too … not as easy a task as you might think.  And then, it goes back to President Biden for signature.  All of this must happen prior to June 5th, a week from Monday, in order to avoid defaulting on our…

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