Ramesh admits that the GOP’s debt ceiling demands are unprecedented:
Look back at every previous piece of legislation that raised the debt limit while also making changes to other government policies, and almost always the debt limit was the occasion for a bipartisan deal rather than the achievement of only one party’s goals.
As part of a debt-limit deal, he encourages Republicans to “offer a temporary increase in spending from the levels of sequestration in order to delay the time when the Internal Revenue Service starts fining people for not buying insurance.” His other suggestion:
[A] deal should include policies that minimize the potential damage of a future debt-limit standoff. The most important one would be a law stipulating that even if the debt limit is breached in the future, the government will still be authorized to make debt-service payments in full, taking a default off the table. Republicans in the House have already passed a bill that would come close to doing this. Once this change is enacted, hitting the debt limit would mean having a partial government shutdown — which isn’t great, but not the disaster a default would be.