A new episode of The Josh Marshall Podcast is live! This week, Josh and Kate discuss the debt ceiling crisis, Senate efforts to address judicial system rot and Ted Cruz’s shiny new 2024 challenger.

You can listen to the new episode of The Josh Marshall Podcast here.

Did you see the latest Clarence Thomas bombshell? To head off any misunderstanding, let me state that I know with a perfect certainty that Thomas will never be removed from the Court. And while it is theoretically possible he could resign, the odds of that happening are roughly equivalent of finding sentient life on Mars. But that doesn’t take any of the punch away from the news that Thomas had a child (a grandnephew for whom the Thomases became legal guardians) at private school and Harlan Crow picked up the tab for the tuition.

I want to take a moment to chart the trajectory of these revelations.

Yesterday, the Times published an article reporting that Biden administration officials have an active discussion about whether the debt-ceiling law is unconstitutional and thus whether President Biden has the right and the duty to disregard it rather than default on the government’s debt and spending obligations. That along with Secretary Yellen’s June 1 announcement hit like a thunderclap against D.C.’s conventional wisdom about how this drama plays out. On a dime the insider newsletters decided that this probably isn’t going to be settled by a simple negotiation, or maybe any negotiation. The extraordinary measures a lot of us have been talking about for some time suddenly started to seem real to them too. The addition of the June 1 quasi-deadline signaled to still others that there probably isn’t time for a negotiated settlement even if the administration decided to negotiate.

Put that together and we seem to be in a new place on this just in the last day or so.