Gonna Happen Again And Again And …

AP
Views

One of the provisions of the new House bill John Boehner is planning to bring to a floor vote today would prohibit the Treasury Department from taking extraordinary measures to prevent government default the next time we approach a breach of the debt limit. Think about that for a minute.

We technically hit the debt limit this time around back in May, but the Treasury secretary has been juggling the books to delay the actual breach until this week. But House Republicans don’t want that kind of delay next time. They want the full hostage-taking pressure of an approaching debt limit breach to be unmitigated. Full steam ahead.

ABOUT THE AUTHOR

David Kurtz is Managing Editor and Washington Bureau Chief of Talking Points Memo where he oversees the news operations of TPM and its sister sites.

LIKE US ON FACEBOOK