In my new Washington Post column, I question the complacent Beltway assumption that a deal will be made to raise the debt limit and avoid a default.
In the past week, I have been told by a prominent economist, the CEO of a major bank and two Democratic members of Congress not to worry about breaching the debt limit. Congress always ends up raising the debt limit, they said when I asked each of them about it during the World Economic Forum in Davos, Switzerland — even if it takes a bumpy road to get there.
So why am I not reassured?