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I’m not the only one

July 28, 2011 Budget

Lawrence O’Donnell just said the solution would be for Boehner to get the Democrats and about 50 “not-crazy” Republicans to pass the debt ceiling increase. Same strategy as I mentioned here. But then he pointed out that Boehner has never done anything to draw Democratic votes. Oh well.

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Postponed House Vote on Debt Ceiling

July 28, 2011 Budget

At this point, the House Republicans has postponed the vote on Boehner’s bill extending the debt ceiling and cutting the budget. Right now, the Republicans don’t have the votes to even pass their own bill. Reminds me of an incident years ago in the NYS Assembly. The parties and positions were the inverse of what […]

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If the Federal Government decides not to pay its bills

July 19, 2011 Default

Mathew Yglesias does a nice summary of how the pain (and whatever) will roll downhill if the Federal Government decides not to pay its bills. Actually, Yglesias says “can’t pay its bills.” I think it’s a matter of Congressional choice. Note which states are most likely to suffer the most.

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