Steve Cohen: “Our Nation and our world is at an economic crossroads, with the debt ceiling needing to be raised by the 2nd of August.…”

“Our Nation and our world is at an economic crossroads, with the debt ceiling needing to be raised by the 2nd of August. Fortunately, I think some common sense appears to be coming from the Senate from Senator Mitch McConnell: the idea of surrendering but claiming victory, more noble than admitting defeat, and much more noble than putting this Nation and the world on an economic precipice all based upon the resistance of putting tax increases on the millionaires and billionaires in this Nation. People who have benefited and haven't hurt one iota are being told by the Republicans that they will not agree to a compromise if it causes an increase in taxes for the millionaires and billionaires, those tax breaks from the Bush years that helped cause this debt problem and caused the recession. So I praise Senator McConnell for claiming victory and surrendering in a noble way and keeping our economy. Hopefully, this project will be successful and save us from having a catastrophic Wall Street and bond market collapse. ____________________”