Early fireworks in the new Congress, Part Three


Debt : Posted by Paul at 8:09 PM A reader who has first-hand experience from the 1990s playing "chicken" with Debt ceiling votes tells me that "there's no useful political leverage" to be gained from the exercise.

PHOTOS: Barack Obama in pictures

He compares threats to withhold raising the Debt ceiling with threats to nuke the old Soviet Union - "superficially powerful, but actually too dreadful to seriously consider."

VIDEOS: Barack Obama in videos

This was my initial thought, and it was probably a good one, whatever Lindsey Graham says on Meet the Press. That sa...

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