Wrong fight to have now

That Congress is locked in a state of dysfunction is not news. Ideological rigidity is in, compromise is out. Nobody needs reminding of that.

Yet House Speaker John Boehner, who has the unenviable job of herding a vitriolic, tea party fueled caucus, has chosen to put congressional dysfunction front and center, once again raising the specter of a U.S. Treasury default. A replay of last summer’s debt-ceiling debate may be coming soon, and it’s the last thing the nation needs.

Perhaps the speaker intended it as election year symbolism. But his recent insistence that Congress not wait until early next year to deal with a needed increase in the U.S. credit limit, and that it be accompanied by spending cuts but not tax increases, could have very real, and very negative, consequences.

The economic recovery remains fragile. Europe teeters on the financial brink. Markets are already jittery — the Dow Jones Industrial Average has lost 5 percent of its value this month, giving up nearly all of its gains for the year.

Let’s be clear: The U.S. debt and deficit problem is the central challenge facing the nation. It needs to be debated, thoroughly. The debt ceiling, however, is not where it should play out. It would be like testing matches in a fireworks factory.

Last summer, the histrionics over raising the debt ceiling got so intense that for the first time in history, the United States’ credit rating fell. It’s one thing for Congress to be unable to compromise, it’s another to wear it like a crown to score political points.

Before last year’s pitched battle, Boehner and President Obama appeared to come close to a grand bargain that would have combined spending cuts, modest tax increases and some entitlement reform to get the deficit down to a manageable level. The president’s bipartisan deficit reduction panel had recommended a similar menu of ideas.

But the extreme wings of both parties rebelled, revealing a Washington that was unwilling to apply practical solutions to a solvable problem. Markets, along with a leading credit rating agency, reacted predictably. Faith in U.S. debt, long the global standard for safety, became less than rock solid.

Another hit could raise interest rates for businesses and consumers, threatening the recovery and making the deficit worse.

Real solutions to the deficit problem won’t come before the election, something else everyone already knows. Another fight over the debt ceiling this year has zero upside. The downside could be huge.

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Opinion

toon
Editorial cartoons for Sunday, July 13

A sketchy look at the news of the day.… Continue reading

Authorities search for victims among the rubble near Blue Oak RV park after catastrophic flooding on the Guadalupe River in Kerrville, Texas, on Sunday, July 6, 2025. The half-mile stretch occupied by two campgrounds appears to have been one of the deadliest spots along the Guadalupe River in Central Texas during last week’s flash floods. (Jordan Vonderhaar/The New York Times)
Editorial: Tragic Texas floods can prompt reforms for FEMA

The federal agency has an important support role to play, but Congress must reassess and improve it.

FILE — The sun sets over power lines in rural Ward County, Texas on Tuesday, May 20, 2025. Republicans plan to terminate billions of dollars in clean energy tax credits. Experts say that will mean more greenhouse gas emissions and more dangerous heat. (Paul Ratje/The New York Times)
Commentary: Bill will deliver dirtier energy at a higher price

Cuts to clean energy policy in the ‘Big Beautiful Bill’ will stifle our energy transition and cost us more.

Tufekci: ‘Garbage in, garbage out’ behind AI’s Nazi meltdown

That Elon Musk’s Grok chatbot defaulted to internet hate speech is concerning. Our acceptance is scarier.

Everett mayoral candidate had a role in budget problems

A mayoral candidate in Everett is being dishonest, blaming his opponent for… Continue reading

Social Security email was a false and partisan use of agency

I was appalled to get a spam email from the Social Security… Continue reading

Thanks for help with driver’s license renewal

I am writing to say that I was able to obtain my… Continue reading

2024 Presidential Election Day Symbolic Elements.
Editorial: Retain Escamilla, Binda on Lynnwood City Council

Escamilla was appointed a year ago. Binda is serving his first term.

A Volunteers of America Western Washington crisis counselor talks with somebody on the phone Thursday, July 28, 2022, in at the VOA Behavioral Health Crisis Call Center in Everett, Washington. (Ryan Berry / The Herald)
Editorial: Dire results will follow end of LGBTQ+ crisis line

The Trump administration will end funding for a 988 line that serves youths in the LGBTQ+ community.

toon
Editorial: Using discourse to get to common ground

A Building Bridges panel discussion heard from lawmakers and students on disagreeing agreeably.

Comment: Reforms to involuntary committment law can save lives

Washington state should consider changes New York made to protect those who can’t protect themselves.

Comment: Medicaid reforms will keep it for those most in need

Beyond the ‘sky is falling’ claims, the BBB’s reforms to Medicaid are fair and necessary to save it.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.