The stakes are too high now. Republicans have taken us to the brink of default, and it is already hurting our economy. Progressives know this is America's moment to lead. The deadline is upon us -- but so is the opportunity.
Senate Republican Leader Mitch McConnell has blinked. His proposal late yesterday afternoon to give President Obama the power to raise the federal debt ceiling is the beginning of the Republican collapse in their stand off with the president and Democrats.