But Obama said he wouldn’t do the debt-limit increase incrementally and that he would veto a short-term bill.PoliticoBoiling it down, our Senate is too dysfunctional to budget short term. In that case, a default is in order.
Gallup Poll:
A follow-up question finds Americans more sympathetic to the Republicans' argument than Obama's. Specifically, when asked to say which is their greater concern, 51% say raising the debt ceiling without plans for major future spending cuts concerns them more, while 32% are more concerned with the risk of a major economic crisis if Congress does not take action. WSJ
We have two factions angling to get their goodies. But the public is on to the scam.
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