Why is Mitch McConnell blinking? Let’s be clear: this is a blink, not a cave. There’s a lot to play out. But here is the gist. Democrats refusal to budge on using reconciliation to beat Republicans’ repeated filibusters is moving quickly toward a situation where there will literally be only two options: filibuster carve-out or debt default. Those are both very bad options to McConnell. As I noted yesterday, this isn’t a matter of saying “Oh Democrats are tougher. They won’t cave.” It’s that the mechanics of reconciliation will mean there’s no more time. They’ll have no way to cave. That calendar reality creates a very bad situation for McConnell.

TPM Reader TD is 100% on the mark here …

I think you’re on the right track about ATT and OAN, but I think you’re overthinking it. Might there be some ideology influencing the ATT decision to suggest the formation of OAN? Sure, but that’s secondary.

What is corporate ideology? Money. Profit.

Fox had little to no competition as a conservative network. With no competition, Fox could back cable systems into a corner, basically demanding they be carried as the only “conservative” viewpoint, and demanding the very best terms available to them.

Reuters just published a fascinating special report about the role AT&T played in creating OAN, the far-right cable news network which has basically operated as a propaganda mill for Trumpite conspiracy theories. Just yesterday we learned that one of its lead “reporters,” Christina Bobb, worked for the Trump campaign while simultaneously working for OAN. That’s the kind of operation.

So is AT&T a far-right company trying to push Trumpism?

Well, we don’t know for sure. Reuters was able to piece together the story mostly from depositions in unrelated or tangentially related lawsuits. So we appear to have pretty solid confirmation of certain facts but we have to infer the different players’ motivations.

Here are the basics. I will try to fill in some of the blanks from my own understanding of the telecommunications world.