As Steve Benen points out, when Republicans first began to take the debt ceiling hostage in 2011, Mitch McConnell proclaimed with glee that it was "a hostage that’s worth ransoming". But that was before Barack Obama won a thumping re-election victory, decimating McConnell's stated primary goal of making him a one-term president, and it was before Republicans had to face actual responsibility for government as they do now that they control both houses of Congress.
So while there are still plenty of Republicans in Congress who would like to stop paying America's bills, Mitch McConnell has sounded an early surrender, in effect forever freeing the Tea Party's darling debt limit hostage. Welcome news, I must say. Discuss and use as your open thread.
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