2011 debt showdown leaves lessons for Biden, GOP

Contributing sentiments towards policy:

48% : Raising the nation's debt ceiling had been a routine matter historically, a final task after Congress had authorized federal spending and appropriated the money needed to pay for the country's various programs and services.
42% : Saying Americans were "taxed enough already," the tea party House Republicans arrived promising to slash federal spending, using the debt ceiling vote as their political leverage.
40% : The debate around raising the debt ceiling sounds eerily similar: Newly elected House Republicans, eager to confront the Democratic president in the White House, refused to raise the debt limit without cuts to federal spending.
36% : To win over the holdouts, McCarthy promised his detractors he would fight to bring federal spending back to fiscal 2022 levels -- an 8% reduction, or 17% if defense military spending is spared.

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