And so it all ended with a whimper and not a bang. President Joe Biden will sign the bill passed by both houses of Congress to increase the debt ceiling until after the 2024 elections. The bill is a clear victory for Biden, since it contains very little (virtually any) of the initial Republican budget-slashing demands. But Biden couldn't come out and say how good a deal he got from House Speaker Kevin McCarthy until now, because if he had done so it would have fed into the resistance by the farthest-right members of Congress, but now that the bill has safely been passed Biden has scheduled an Oval Office address for later today (7:00 PM, Eastern Time). We should note this is too late for anything he says to be addressed or included here in this column, but we will definitely be watching Biden speak later on today. [Editorial Note: we did listen to Biden's address, and we know it may be hard to believe, but we had picked out our "Crisis Averted" headline before Biden used the phrase tonight.]

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The news broke in Washington over the holiday weekend that we finally have a deal. President Joe Biden and House Speaker Kevin McCarthy agreed to a plan which will constrain the federal budget and raise the debt ceiling past the 2024 elections. Nobody's exactly thrilled with the parameters of the deal, with grumbles being heard from both from the MAGA right and the progressive left. At this point, though, the deal looks like it will likely garner enough support to pass the House, and the Senate likely won't kill it off at the last minute. That's where things currently stand at any rate.

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With twelve more days left in the month of May, the debt ceiling follies continue unabated. Speaker of the House Kevin McCarthy just "paused" the negotiations with President Joe Biden, which was a rather pessimistic note to close out what had otherwise been a rather optimistic week. There is speculation that both sides are using this "pause" merely as a political signal to their respective bases -- to show that they are negotiating hard and not giving away the store. If this is true, negotiations will likely resume at some point this weekend. But it's anyone's guess whether they'll agree even on a framework (much less actual legislative text) any time soon.

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A small wave of primary and special elections happened yesterday, and the results were summed up in a Washington Post headline today: "Republicans Keep Having Bad Elections." This continues an 11-month streak of good showings at the ballot box for Democrats, which began immediately after the Supreme Court's Dobbs decision threw out Roe v. Wade. And while off-year primary elections and midterms aren't always a good predictor of what will happen in the next presidential race, the trendlines certainly do seem to be favoring Democrats.

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President Joe Biden continues to goad House Republicans into doing exactly what he wants them to do. This is a bit of rather astonishing political jiu-jitsu which has only been possible because House Republicans refuse to publicly admit exactly what they want to slash in the federal budget. If Kevin McCarthy's House Republicans had kept their campaign promises and passed a budget as one of their first orders of business, then Biden wouldn't even have this opportunity (he'd have other opportunities, depending on what cuts Republicans were proposing, but they'd all be out in the open in that case). This week, Biden continuing to heap scorn on the Republican budget plans may serve up another victory for him, which clueless Republicans are going to try to tout as their own victory. Biden, though, has already moved on and has picked a new target. He will likely continue to do this for endless line items in the federal budget (with an emphasis on the ones that Republicans have traditionally supported).

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Let's make sure we all get this correct. Donald Trump is now technically not a "convicted rapist." He's not a convicted anything, because the verdict handed down against him this week was in civil (not criminal) court. And the jury balked at declaring that Trump had raped E. Jean Carroll, but they did find Trump liable for sexually attacking her and defaming her publicly. To the tune of $5 million. It only took them about three hours to do so, meaning the case was pretty iron-clad to begin with. So Donald Trump is merely the first ex-president to be found liable of being a sexual predator rather than being an actual convicted rapist.

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President Joe Biden will not be attending the coronation of King Charles III tomorrow, which is entirely appropriate (although he is sending First Lady Dr. Jill Biden instead, out of respect). No U.S. president has ever attended a British coronation, and with good reason -- after all, we fought a whole war just so no American would ever have to show any sort of fealty to any King or Queen of England ever again. But even though Biden won't be there, the two men do share one notable similarity: they both waited all their lives -- decades and decades of it -- for the chance to sit at the head of their country. So it's pretty easy to see they do share how long the wait has been for both of them.

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This is the big White House Correspondents Dinner weekend, but somehow our invitation was either lost in the mail or otherwise overlooked. So we'll have to watch the clips later, like everyone else.

This was a pretty momentous week in politics, as President Joe Biden announced his re-election bid, Donald Trump's rape court case got underway, and Kevin McCarthy was actually able to corral his various factions to vote for a bill that Democrats will use as fodder in the upcoming congressional campaigns. So let's get right to it all, shall we?

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President Joe Biden announced his bid for re-election today, releasing a three-minute video in which he explains why he's running. As the ad makes clear, Biden will be running on one basic concept: freedom. He's in favor of it, and in favor of Americans having more of it. The Republican Party countered with a 30-second ad of their own, in which they present an apocalyptic vision of what a second Biden term would be like. No, that is not hyperbole or an exaggeration. The only other possible word to use is "dystopian." They have outdone themselves in the fearmongering department (where they regularly excel). Since the GOP doesn't have a nominee yet, they are restricted only to offering up criticism of Biden (whether real or, in this case, entirely imagined), perhaps hoping that their eventual nominee will offer up some sort of positive vision of their own (which doesn't exactly seem likely, but hey, it could happen, I suppose). Since Biden is almost certainly going to skate to the Democratic nomination unopposed (or "unopposed by any Democrat the voters would actually nominate," to be technically accurate), this means that for at least the rest of this calendar year, it may stay a contest between: "Freedom," and: "Be afraid, be very afraid!"

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We admit using that subtitle dates us in a way, since we are indeed old enough to remember the popular song of the same name -- but we couldn't resist, since this week started out with Fox News caving at the last possible moment as a civil defamation trial was set to begin against them. First the trial was delayed a day and then came the bombshell news that Fox had settled with Dominion Voting Systems for a jaw-dropping $787.5 million. To state the patently obvious, you don't settle a case you fully expect to win. Fox knew it was in danger of not just losing the case (Dominion had sued for $1.6 billion, a little more than twice what Fox settled for) but having the network's dirty laundry exposed in even more painful fashion than it already had been (through releases of internal communications between executives and network personalities that were already embarrassing enough). Fox was indeed on the run, to the tune of over three-quarters of a billion dollars.

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