Conservatives and Republicans have completely lost their minds about the debt ceiling
Go outside and play, children. Grown-ups are trying to govern.
There was a time when a handful of legislators could cast a political protest vote against raising the debt ceiling in this country and it didn’t make a bit of difference because, at the end of the day, everybody knew that the majority of lawmakers, including Republicans, would vote to raise it. They have to. They are paying for things they have already spent money on. Barack Obama did this as a Senator in 2006 and admits now that it “was just an example of a new senator making what is a political vote as opposed to doing what was important for the country”.
But what’s happening now is completely different. Republicans and conservatives are actually contemplating defaulting on the bills we owe. And that changes everything.
Much more analysis after the jump.
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