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Mitch McConnell Goes Nuclear on the American Economy But He’s Still Not Nuts Enough for

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The kind of crowd Mitch McConnell used to run with is begging him not to go nuclear by refusing to raise the debt limit ceiling. A letter signed by six former Treasury Secretaries, including Republican Hank Paulson who saw the country through the 2008 financial crisis, landed on his desk this week with the ominous warning that “even delaying resolution until default is imminent can be detrimental.”

That’s Master of the Universe speak for Knock It Off. The letter comes after a private meeting, first reported by the Washington Post, in which Paulson, joined by Steve Mnuchin, pleaded with McConnell to stop with threats that would wreak havoc on the global economy and any number of portfolios held by former secretaries. Afterward, Paulson and Mnuchin told the relevant officials in the Biden administration that McConnell isn’t budging, nor bluffing.

Kind of like the past four years when McConnell marched in lockstep with an obviously impaired president, given to rage-tweeting, who never could tell one article of the Constitution from another. Even as the stakes rose higher, McConnell stuck with Trump as hundreds of thousands of people died from a pandemic that Trump gave himself a “10 out of 10” for handling. McConnell didn’t contest the grade inflation, any more than he tried to shut down Trump’s crazed Stop the Steal efforts before and after the election—a recently discovered memo reveals the president knew there was no supporting........

© The Daily Beast

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