The House today is voting on the Biden-McCarthy deal to raise the ridiculous debt ceiling.

David Dayen of The American Prospect returns to the show today to bring us up to date on what’s happening and how we got here. I call it a deja vu because we’ve had this conversation before — 12 years ago, in fact.

On July28, 2011, we talked on this program about President Obama’s deal with a Republican-led Congress, the first time the GOP weaponized this ridiculous provision that allows the good faith and credit of the US to be threatened. Today we find out that we, as a nation (or more accurately, our “leaders”) haven’t learned one damn thing.