This is the subject of my new piece, right here.
There are three likely outcomes. One: America defaults on its debt, and all of the nightmarish things Treasury Secretary Timothy Geithner is predicting actually happen , with Republicans taking blame. Two: The debt ceiling is raised, with Republicans getting mostly toothless concessions. Three: The debt ceiling is raised without concessions, but with Democrats providing the margin of victory, a critical hit to House Speaker John Boehner's machismo.
Worth reading: Sam Stein on how the White House isn't exactly adamant anymore about a "clean bill."
TODAY IN SLATE
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It’s the source of creativity and delusions. It can harm us more than it helps us.
How Much Should You Loathe NFL Commissioner Roger Goodell?
Here are the facts.
The Plight of the Pre-Legalization Marijuana Offender
What should happen to weed users and dealers busted before the stuff was legal?