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View Diary: Why The Debt Limit Fight Will Be A Political Face-Off With No Gimmicks Or Constitutional Crisis (208 comments)

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  •  Suppose he could sell things for which he has (2+ / 0-)
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    elwior, MichaelNY

    authority under current law, but he won't for the reasons stated. That only delays the inevitable. The debt limit must be raised and putting it off doesn't achieve anything positive.

    Look, the limit has already been breached. We are not in default now only because of the "extraordinary" measures such as canceling the Treasury instruments issued to the Civil Service Retirement Fund. And what has that done but give the Republicans two more months to diddle the country.

    Further, affiant sayeth not.

    by Gary Norton on Mon Jan 14, 2013 at 09:01:07 PM PST

    [ Parent ]

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