According to the NYT, Biden is starting to take a hard look at invoking the Fourteenth Amendment if no agreement can be reached on the debt ceiling. I don’t know if he’s serious about this or not, since he dismissed it before, but he is wise to put it out there now as a viable alternative. It sends the message to McCarthy and even the GOP crazoids that, if they demand too much, they won’t get anything.
Republicans aren’t the only people in DC who understand leverage.