GOP's Untenable Stance on the Debt Ceiling

Another key moment in the debt ceiling fight: On MSNBC this morning, the head of the powerful U.S. Chamber of Commerce called on Republicans to stop using the threat of default to get the spending cuts they want.

Chamber president Tom Donohue didn?t do this quite as directly as he might have, but the plain meaning was clear. This is significant, because in doing this, he went further than other business leaders, who have merely issued a general call for a hike in the debt ceiling without pointing a finger at Republican debt ceiling hostage taking. Donohue, by contrast, said he wants to see a stop to the tactic of using the debt ceiling as leverage.

Source: http://www.realclearpolitics.com/2013/01/11/gop039s_untenable_stance_on_the_debt_ceiling_299599.html

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