The debt ceiling glide path comes into view

With help from Eli Okun and Garrett Ross SPECIAL REPORT — This morning, POLITICO’s Victoria Guida takes a look at the pandemic-era policies that led to a historic closing of the income gap in the U.S. — and how a move away from those policies threatens those gains. “One of the lowest tiers of earners — people making an average of $12.50 per hour nationally — saw their pay grow nearly 6 percent from 2020 to 2022, even after factoring in inflation,” Victoria writes. “That’s significantly bigger than what low-wage...