Thursday, July 21, 2011

Debt Limit Showdown Is a Complicated Mess

David Corn, Mother Jones
It seems as if Quentin Tarantino has scripted Washington's debt-ceiling showdown. Most of his movies include an imaginative version of the ever-classic Mexican standoff. (See Reservoir Dogs.) And the current drama in the nation's capital is playing out like a Tarantino flick.The House, controlled by Republicans who in turn are controlled by tea party ideologues, is aiming a metaphorical gun at the president. The House Republicans are refusing to raise the debt ceiling (which could trigger a major economic setback) unless Obama agrees to trillions of dollars in government...

Source: http://www.realclearpolitics.com/2011/07/21/debt_limit_showdown_is_a_complicated_mess_259839.html

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