As I write, President Obama is about to announce the gun-control proposals his administration has been drafting since the Sandy Hook school massacre (although some of them almost certainly were on his wish list before he ever entered the White House). We’ll discuss that here after they’ve been made official and we’ve had time to digest them.
In the meantime, and of a more time-sensitive nature, we march on toward next month’s trio of fiscal deadlines: the expiration of temporary funding measures for the federal government, the end of a two-month delay in the automatic budget cuts known as sequestration, and the end of the administration’s authority to borrow more money.
That last issue, popularly known as the debt ceiling, has drawn the most attention, with Democrats accusing the GOP of holding the economy hostage by insisting on spending cuts if they are to raise the ceiling. We’ve seen this movie before, in the summer of 2011. It didn’t end all that well.
It did, however,