Crisis averted, for now.
The United States has never missed a payment due to a failure to increase the debt ceiling in its modern history. We've come close - multiple times - and the fear has swirled inside the beltway as the X-date that the federal government will be unable to make payments approaches.
The federal government will hit the debt ceiling Thursday and the United States’ authority to borrow money will be capped, Treasury Secretary Jack Lew cautioned last week.
Hope and change.
Reid the extremist.