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Calling the GOP’s Bluff

Jul 6, 2011
Obama's in-your-face attitude seems to have thrown Republicans off their stride. They thought all they had to do was convince everyone that they were crazy enough to force an unthinkable default on the nation's financial obligations. Now they have to wonder whether Obama is crazy enough to let them.

Playing With Default

Jun 6, 2011
The current puppet play in Congress -- where Republicans sponsored a bill to raise the nation's debt ceiling only because they wanted to vote it down -- would be funny, if only they weren't risking economic disaster.

Going Deeper and Deeper Into Hock

Mar 17, 2006
Congress just raised our debt ceiling--the amount we're allow to borrow--by $781 billion. It was either that or default on our treasury notes. This is the fourth debt-ceiling increase since Bush took office--some $3 trillion in total. Dick Cheney may have said that deficits don't matter, but try telling that to the next generation of Americans, who are going to have one helluva credit card bill to pay off.