As the U.S. hurtles towards a debt crisis, what does McConnell want?

Mr. Card never learned what the Senate leader wanted, but he tells the story for a reason: Mr. McConnell has long used the periodic need to raise the government’s borrowing limit as a moment of leverage to secure a policy win, as have leaders of both parties.

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But two weeks before a potentially catastrophic default, Mr. McConnell has yet to reveal what he wants, telling President Biden in a letter on Monday, “We have no list of demands.”

Instead, he appears to want to sow political chaos for Democrats while insulating himself and other Republicans from an issue that has the potential to divide them…

“There’s no bargaining,” said Senator Angus King of Maine, a moderate independent. “They’re just stamping their feet and saying no.”

He added, “It’s a qualitatively new level of irresponsibility.”

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