Looming US debt clash a safety check for investors

June 15, 2012

Washington looks set to repeat last year’s battle over the nation’s borrowing limit. That was almost a debacle. But the messy spectacle serves to put reducing deficits in the spotlight, forcing Congress to ensure that borrowing remains manageable. That should be welcomed.

GOP’s best bargaining tactic: raise debt ceiling

October 8, 2013

Using the imminent default deadline to force the White House to a compromise on the government shutdown isn’t working. Removing it from the table would show that Republicans can be reasonable – and allow the funding debate to rage without roiling global financial markets.