Opinion | Here are President Biden’s debt ceiling options, ranked

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The Senate has largely left this negotiation up to the White House and House Republicans. But if something close to a two-year freeze is on the table, the Senate could vote on it to pressure Republicans. House Democrats have also lined up a discharge petition, which allows a bill to be brought to the House floor with 218 signatures. (There are 213 House Democrats.)

If these options fail or appear unlikely, Biden’s next-best option is to have the Treasury Department do whatever it can to make it until June 15. That’s the magic day that businesses pay their quarterly taxes, which would give the Treasury Department sufficient funding to last most of the summer.

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