John Nichols: Republicans Are Playing With Fire in the Debt Ceiling Standoff

John Nichols: Republicans Are Playing With Fire in the Debt Ceiling Standoff

John Nichols: Republicans Are Playing With Fire in the Debt Ceiling Standoff

Refusing to raise the debt ceiling will lead to an economic meltdown—and put Americans out of work.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

Visit NBCNews.com for breaking news, world news, and news about the economy

As the United States faces down potential economic disaster, Republicans are demanding entitlement cuts before they'll vote to raise the debt ceiling. This time, however, the stakes are even higher than in the fiscal cliff standoff, and refusal to raise the ceiling could lead to significant job loss. On MSNBC's The Ed Show, Nation columnist John Nichols explained who will be hurt the most and what he sees as Barack Obama's leverage in the situation.

—Alec Luhn

In his latest blog post on TheNation.com, John Nichols remembers a late professor from Austria whose struggle against the Nazis and later against gender discrimination still resonates.

Time is running out to have your gift matched 

In this time of unrelenting, often unprecedented cruelty and lawlessness, I’m grateful for Nation readers like you. 

So many of you have taken to the streets, organized in your neighborhood and with your union, and showed up at the ballot box to vote for progressive candidates. You’re proving that it is possible—to paraphrase the legendary Patti Smith—to redeem the work of the fools running our government.

And as we head into 2026, I promise that The Nation will fight like never before for justice, humanity, and dignity in these United States. 

At a time when most news organizations are either cutting budgets or cozying up to Trump by bringing in right-wing propagandists, The Nation’s writers, editors, copy editors, fact-checkers, and illustrators confront head-on the administration’s deadly abuses of power, blatant corruption, and deconstruction of both government and civil society. 

We couldn’t do this crucial work without you.

Through the end of the year, a generous donor is matching all donations to The Nation’s independent journalism up to $75,000. But the end of the year is now only days away. 

Time is running out to have your gift doubled. Don’t wait—donate now to ensure that our newsroom has the full $150,000 to start the new year. 

Another world really is possible. Together, we can and will win it!

Love and Solidarity,

John Nichols 

Executive Editor, The Nation

Ad Policy
x