Debt Ceiling Increase MIA

The Washington Post has a good article on the lack of a strategy to pass a debt ceiling increase. Failure to pass up such an increase by September would mean the United States defaults on its payment obligations, with serious negative ramifications for the stock market in interest rates. The impact the economy has the potential to be extremely severe, and not just for the short term.  If the world were to decide that the American dollar is no longer the safest investment out there, the impact to America’s economy would be generational and very very bad.

https://www.washingtonpost.com/business/economy/steven-mnuchin-trumps-treasury-secretary-is-hurtling-toward-his-first-fiasco/2017/07/17/28c0ecf8-5da9-11e7-9b7d-14576dc0f39d_story.html

Some CA House fundraising numbers

I’m sharing this not because I think the cover story candidate has any chance (he doesn’t even live in the district he’s running to represent), but the body of the article contains fundraising numbers for Democratic candidates in multiple House races in California. If the Dems are going to take back the House in 2018, they need a sweep of the House districts in California where Hillary won in 2016.

‘Reagan Democrat’ enters race against Rep. Dana Rohrabacher

https://www.ocregister.com/2017/07/07/reagan-democrat-enters-race-against-rep-dana-rohrabacher/