This easily got lost amid all of last week’s other Washington-related craziness: Treasury Secretary Steve Mnuchin told Senate Minority Leader Chuck Schumer (D-NY) that Democrats should provide the votes the Trump administration will need to pass the increase in the federal debt ceiling required by the end of September.
Say what?
Mnuchin’s strategy, if you can call it that, is incredibly…and almost comically…politically naive. Congressional Democrats were thoroughly vilified by Republicans during the Obama administration whenever they voted to increase the debt ceiling and those votes were used as examples of fiscal profligacy by their GOP election opponents. There’s simply no way Schumer is not going to take advantage of the opportunity to do the same to Republicans this time around.
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