POLITICS
A Chance for Rebirth: Can We Avoid 'Cascade'-Style Collapse?
Americans just faced the prospect of another government shutdown until a fragile deal emerged. House Republicans passed a stopgap bill Senate Democrats decried as overreach but voted for anyway, under the theory that it was the lesser of two evils. When the GOP left Washington, expecting compliance, Senate Minority Leader Chuck Schumer reluctantly accepted a six-month funding extension that passed 85-11. Federal workers will see paychecks and airports will function, for now. Yet the debt ceiling, unsuspended since Jan. 1, casts a lengthening shadow. Treasury Secretary Scott Bessent faces a…
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