Right Shows Blithe Indifference To Consequences Of Hitting The Debt Limit |
| April 27, 2011 | April 2011 Bond Updates |
|
The other day, I blogged on the necessity of increasing the debt limit. And I got a remarkable response: The tea party and others on the right fringe of American politics appear to believe that hitting the debt ceiling is no biggie, since all Congress would have to do is reprogram tax dollars to pay creditors first and use what’s left for other priorities. The rest of government would, sniff, have to be abandoned. |
| View more at: http://blogs.forbes.com/beltway/2011/04/26/gop-blithely-indifferent-to-consequences-of-hitting-the-debt-limit/ |
| Related News |
|