May is half over. June looms.

That is where we are, as President Joe Biden and House Speaker Kevin McCarthy try to hammer out some sort of deal which will allow the nation not to default on its debt. Nobody's really sure if June first will actually be the deadline -- the "drop-dead date" is constantly in flux as money comes into government coffers and flows back out again. If we make it to mid-June, the drop-dead date could shift as late as August or September, for instance. But we can't count on that happening -- we must act before the earliest possible date it could happen, which is the first of next month.

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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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Of all the reactions to last night's CNN town hall with Donald Trump, the most interesting came from Michael Fanone, a former D.C. police officer who was attacked and almost killed by the mob of violent insurrectionists at the U.S. Capitol on January 6th. His take on Trump's CNN performance: "It's worse than I could have ever imagined. It's an absolute disaster. There's no way to fact-check this guy in real time. He's a volcano of bullshit."

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The first major television event of the 2024 presidential race will be held tonight, on CNN. The network is hosting a live town hall in New Hampshire with Republican frontrunner Donald Trump. CNN anchor Kaitlan Collins will moderate the event, which will also feature questions from New Hampshire Republicans and undecided voters. This isn't the first town hall event to feature a presidential candidate, but it will be the first one that draws a very wide audience, so it can be seen as the real kickoff to the campaign season.

CNN is already getting some grief for inviting Trump onto their network, but the alternative that some seem to prefer would be for all the major networks (both cable and broadcast) other than far-right propaganda outlets to shun Trump during the entire race. Which isn't going to happen -- nor should it. Trump is many things, to be sure, but he is currently leading all the polls of Republican voters -- by a lot. He regularly charts over 50 percent support, and his closest challenger struggles to even match half of Trump's support. Are the news networks really supposed to just ignore a candidate like that? Hardly. If Trump were polling at five percent, he'd be ignorable -- but not at 55 percent.

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In 1888, German philosopher Friedrich Nietzsche wrote a book of aphorisms which contained the following: "Aus der Kriegsschule des Lebens. -- Was mich nicht umbringt, macht mich stärker." This can be translated into English as: "Out of the war-school of life. -- What doesn't kill me, makes me stronger." In a different book he wrote in the same year, Nietzsche refined the thought a bit, speaking of "nature's lucky strokes... among men," and saying of such lucky individuals: "He divines remedies for injuries; he knows how to turn serious accidents to his own advantage, that which does not kill him makes him stronger."

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I realize it is the wrong season for this sports metaphor, but it now seems that the most likely outcome of the debt ceiling showdown is going to include a punt. For any long-term solution to emerge, there's going to have to first be a short-term solution that kicks the ball down the field a bit.

It is now crunch time. Tomorrow, President Biden will meet with the four congressional leaders (the leaders of both parties in both houses) for the first time in months. They are miles apart on what they want to see happen, and nobody really expects a huge breakthrough compromise to emerge from tomorrow's meeting. But the drop-dead date has been moved up to (possibly) the first of June, which only leaves a little more than three weeks to do something, or else the United States is going to default on its debt for the first time in history.

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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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The two sides have dug in to their respective positions on the debt ceiling crisis, and nobody at this point can predict what the eventual outcome is going to be. America is watching Washington politicians essentially play Russian roulette with our country's -- and by extension, the whole world's -- economy. While most sane people would prefer that the politicians don't kill the economy to score ideological points, that is a very real possibility at the moment. Both President Joe Biden and House Speaker Kevin McCarthy are walking a tightrope, as the crowd breathlessly watches the high-wire act play out. But what I find myself wondering is whether McCarthy will survive the experience without plunging back to Earth -- or, more accurately, back to the back benches in the House Republican caucus.

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Since I know next to nothing about macroeconomics, I don't feel qualified to comment on today's news that the Federal Reserve hiked interest rates another 0.25 percent. They indicated that this will be the last one for a while, and inflation has already come down dramatically without crumbling the rest of the economy, but the future (as always) is uncertain. That's about the most intelligent commentary I can offer up on the matter.

Instead, let's take a look at how the Republican field of candidates for the 2024 GOP presidential nomination is shaping up. Because it seems certain that the number of candidates actually in the race is going to soon expand.

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