Just to refresh your memories, Obama voted against the debt limit while he was in the Senate. Was he willing to destroy the country just to keep Bush from having a "win?"
For some Republicans, this is a short cut to a balanced budget. I think Bachmann falls in this category. The government unable to borrow money? That means they will have to slash spending, a lot and quickly. The government would have to cut hundreds of billions, immediately.
I personally think that the Republicans have an obligation to raise the debt limit enough to service the debt that we have already accumulated, including the last budget deal that Republicans voted for. It's the amounts above that I think they should bargain for.
Wait, we passed the debt ceiling today? Everything seems OK... no mushroom clouds or planes and locusts falling from the sky...
you can't seriously NOT know..
