Can't let hostage-holding House run the country: Paul Krugman
(NEWSER) - Look out, President Obama: House Republicans have created another “hostage situation.” This time, they’re holding the debt ceiling for a ransom of big spending cuts, writes Paul Krugman in the New York Times . The Republican Party doesn't control the White House or the Senate, so you wouldn’t think the party could “impose its agenda on the nation. But the modern GOP doesn’t believe in following normal rules.” And don't be swayed by what those on the right are saying, Krugman contends: If we don't raise the debt ceiling, bad, bad things will happen. More»
