1. "Republicans" are not the worst spenders in DC. Just look at Biden's record. Technically they both suck.
Those in power want to stay in-power so they want to spend and spend and spend, then call it prosperity.
No one ever wants to take the punch-bowl away, its dumb politics.
2. Back in 1993 Newt and his "contract" got the the last balanced budget.
Bill Clinton raised taxes, and Newt cut spending, it worked.
3. Why can't McCarthy and Biden do the same deal now? Each side can blame the other. Just get the job done.
Republicans are using the debt ceiling as a bargaining chip, and their actions could torpedo the economy in the process.
www.businessinsider.com