Rep. Louie Gohmert (R-TX) asserted this week that the government shutdown could actually keep the U.S. from defaulting.
Rep. Joe Barton (R-TX) on Monday said that he would fight against raising the nation's debt ceiling and had a simple plan to avoid default, which involved not paying "every bill the day it comes in."
The United States has now experienced more than 3 years of an economy worse than anything Japan experienced in its “lost decade” of the 1990s, and we are still dead in the water economically. The real unemployment rate, when you include
One of the thing I learned while in the Clinton White House is that most Washington rumors, I’d say generally around two out of three, are false. In a deadline/crisis period that number goes to about 95 percent false. And by rumors, I am including
Ezra on the “cut, cap and balance” nonsense from the House Republicans: Perhaps CC&B would be an understandable policy fantasy in normal times. But three years after the worst financial crisis since the Great Depression? We've been violently
To no one’s surprise, the overwhelming majority of people in this country do not like the crazy, extremist House GOP’s reckless handling of the ongoing default crisis. A CBS News poll came out today showing that only 21 percent of this nation