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Wait, Dems are going to clear the decks on government funding and debt ceiling for the remainder of Trump's term, forfeiting all leverage, but set up a major crisis point for Republicans in the first summer of a potential Dem presidents' term? This seems like a very bad idea.
A credible threat of debt default, like in 2011, becomes an all-consuming fight and media narrative. And it can trigger a recession. Republicans could easily mount a credible threat if a Dem wins the WH, consuming a *massive* chunk of capital from the first year of a Dem POTUS.
Republicans don't need to control the White House, House or the Senate to threaten default in 2021. They just need 41+ Senate seats, which they will definitely have. The only way the 7/31/21 deadline is good is if it provides the motivation to nuke the legislative filibuster.
