Speaker Boehner Doesn’t Understand The Debt Ceiling, But Takes It Hostage Anyway

Speaker Boehner Doesn’t Understand The Debt Ceiling, But Takes It Hostage Anyway: The Obama administration’s initial offer to avert the so-called “fiscal cliff” included a provision that would end the ability of Congress to use the debt ceiling — and thus the creditworthiness of the United States — as a hostage to demand other policy outcomes. Employing a process invented by Senate Minority Leader Mitch McConnell (R-KY), [...]/p