As Congress rolls out its latest theatrical production concerning the “debt ceiling,” the same old lines from the same old script are enjoying new life. New York Magazine‘s Jonathan Chait calls Republican noises about perhaps not just automatically supporting increased government borrowing “extortion” and a “blatant violation of democratic legitimacy” (because, as you no doubt … Continue reading Debt Ceiling: Extortion! Hostage-Taking! Irresponsibility! → - by Thomas L. Knapp
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