National Catholic Reporter

The Independent News Source

Be Afraid, Be Very Afraid

Jim Vandehei, Mike Allen and Jake Sherman, at Politico, report that:

"The idea of allowing the country to default by refusing to increase the debt limit is getting more widespread and serious traction among House Republicans than people realize, though GOP leaders think shutting down the government is the much more likely outcome of the spending fights this winter."



Read more: http://www.politico.com/story/2013/01/behind-the-curtain-house-gop-eyes-default-shutdown-86116.html#ixzz2Hxgoj4kI

The idea of defaulting on the government's debt obligations could wreck the economy. Shutting down the government was tried by Newt Gingrich in the 1990s, and did not work out so well for the GOP. Who is advising House Republicans? Are they lemmings?

Don't miss a thing: Sign up to receive free NCR email alerts.

NCR Comment code:

  • Be respectful. Do not attack the writer. Take on the idea, not the messenger.
  • Don't use obscene, profane or vulgar language.
  • Stay on point. Comments that stray from the original idea may be deleted.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report abuse" button. Once a comment has been flagged, an NCR staff member will investigate.

For more detailed guidelines, visit our User Guidelines page.

For help on how to post a comment, visit our reference page.

Sisters' Stories; read more

NCR Email Alerts

 

In This Issue

June 7-20, 2013

June7-cover.jpg

Not all of our content is online. Subscribe to receive all the news and features you won't find anywhere else.