If you think this week’s fight over Homeland Security funding shows off Washington dysfunction, imagine the possibilities of a potential three-way collision: debt ceiling + October 1 funding deadline + sequester.
The fusion of those factors in September “could prove a toxic mix,” said Corey Boles, the U.S. senior analyst for Eurasia Group, in a research note. “There will no doubt be voices in the Republican Party looking for a moment of maximum leverage over the increasingly lame duck president.”
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But that may not happen until the 11th hour. Congress may simply approve yet another short-term funding bill known as a continuing resolution to keep the government open and suspend the debt ceiling … again.
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