Tuesday, January 15, 2013

Double trouble: House GOP eyes default, shutdown

Double trouble: House GOP eyes default, shutdown

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House Republicans are seriously entertaining dramatic steps, including default or shutting down the government, to force President Barack Obama to finally cut spending by the end of March.

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#ixzz2HzSpkdtV

Source: http://progressivevoices.com/double-trouble-house-gop-eyes-default-shutdown/

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