Democrats Dance With Donald Trump on Debt-Ceiling Repeal

The debt ceiling is one of those classic Washington issues: Not many people understand it. (The concept isn’t complicated, just boring.) And most of the time, no one gives a flying frog about it—including Congress. (Pondering long-term debt tends to mess with members’ spending and/or tax-cutting plans.)

But every so often, the U.S. Treasury hits its congressionally set borrowing limit, compelling lawmakers to raise that limit lest the nation default on its obligations, which would send America’s credit rating down the toilet and potentially spark a global financial meltdown.

And just like that, the debt ceiling becomes Beyoncé-hot, with everyone and their grandma expressing passionately held views about what must be done about it. Or not done.