Senate GOP leader Mitch McConnell has engineered ways out of a devastating debt default in the past.
This time may be different – at least for now.
Facing the riskiest debt ceiling standoff in a dozen years, Senate Republican leaders are planning to take a backseat role and let the newly empowered House GOP majority try to find a way out of the impasse with the White House, a high-stakes gambit but one that underscores the new power order in a divided Washington.
McConnell and his leadership team are wary about appearing to undercut the House GOP’s position and see little chance at success by trying to hash out a deal without the explicit blessing of Speaker Kevin McCarthy. With roughly four months before fears of a default dramatically intensify, Senate Republicans say they will sit back and see how the House GOP maneuvers a way to raise the $31.4 trillion borrowing limit – before deciding if…
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