There should be no doubt that one of the most dangerous aspects of this current debt ceiling deal, is that it set a precedent for Republicans turning every future debt ceiling increase in the future into another hostage situation to force spending cuts.
|By: Jon Walker Thursday August 4, 2011 6:30 am|
|By: Jon Walker Monday August 1, 2011 12:40 pm|
There is a chance, if the economy slows, that a $2.1 trillion debt ceiling increase won’t be large enough to take us past the 2012 election. Even if this deal passes, we may see a repeat of this debt ceiling fight right in the middle of the election season.
|By: Teddy Partridge Friday July 22, 2011 12:30 pm|
When a Democratic President continues to shove Social Security, Medicare, and Medicaid back onto the negotiating table after being offered a clean debt ceiling deal by the Senate GOP, CNN polling shows liberals are taken aback.