Senate Careens Toward High-Stakes Game of Chicken on Debt Limit

This right here is exactly what the facepalm emoji was made for: It’s looking ever more likely that Republicans and Democrats are headed for a September showdown over raising the debt ceiling. A two-year suspension of the borrowing limit expired at the end of July and the Treasury Department has started employing “extraordinary measures” to enable the government to keep paying its bills and avoid breaching the ceiling. Those extraordinary measures may be exhausted shortly after Congress returns