Monday, January 14, 2013

GOP Isn't Serious on the Debt Ceiling

If you're looking for evidence that Republicans will"?despite their rhetoric"?eventually cave on the debt ceiling, it's worth noting a recent statement from Rand Paul, to Business Insider, on how he thinks the GOP should approach the ceiling. Rather than force a shutdown, Paul thinks Republicans should pass a bill that would prioritize payments to bondholders if the limit is reached. This would, he says, "force us immediately to have a balanced budget."


Source: http://www.realclearpolitics.com/2013/01/12/gop_isn039t_serious_on_the_debt_ceiling_299635.html

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