David Axelrod actually said...

I think they saw what happened, in 2011, where we went right up to the brink. There were significant givebacks made, and they were painful and disruptive. And I don't think they want to say, 'We're going to reward this behavior' because they think it invites it again, and again.

Context

Axelrod discusses the Biden administration's reluctance to negotiate on the debt ceiling due to past experiences.

01/18/2023

https://transcripts.cnn.com...

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