One of the most vexing issues facing the Republicans these days is what to do about the federal debt ceiling. Does the GOP-controlled House do what its tea party members want and refuse to increase the amount of money the government can borrow, thereby setting a stage for a redux of the 1995 government shutdowns that cost the last Republican majority so dearly? Or do they do what House Speaker John Boehner (R-OH) — and many other Republicans — have suggested and do the “adult” thing and grit their teeth and let the ceiling rise?
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=114771