The House Can Lead the Way

From the Heritage Foundation:

Liberals from Capitol Hill to the cable networks keep insisting that the nation will go into default unless Congress raises the nation’s debt ceiling by August 2. All along we have felt that such a claim is at least technically wrong, seeing that unquestionably we will be able to make interest payments on our bonds. More confounding, however, is that the ones yelling the loudest that the debt limit must be raised also keep insisting that a vote tomorrow in the House of Representatives to raise the debt limit is “an empty and symbolic gesture.”

How do we get there from here?

Read the rest here.



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