Tag: Debt Ceiling
We Hit The Debt Ceiling Today
In case anyone cares. In the meantime, the hostage strategy will continue to play out — Republicans are threatening to create a recession, on purpose, unless Democrats give them a whole lot of unspecified spending cuts. If Dems fail to comply with the demands, the GOP will refuse to act and on August 2, we’ll […]
Debt Ceiling “Insanity”
Are there any grown ups left in the Republican Party? Dealing with the debt limit “as adults” doesn’t appear to be going well. This morning, two right-wing lawmakers — Rep. Michele Bachmann (R-Minn.) and Rep.-elect Mike Kelly (R-Minn.) — reiterated their opposition to raising the debt limit on CBS’s “Face the Nation.” Soon after, Sen. […]
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