raising the debt ceiling

Spending Curbs Equal Anarchy?

Larry Elder, Human Events

Harry Reid thinks that the Tea Party lawmakers' concern over runaway spending is anarchy. Sen. Obama chided GW Bush on the debt. Pres. Obama in '09 even said, “The long-term deficit and debt that we have accumulated is unsustainable.” Is Reid's memory fading?

Repubs Must Debunk D's Debt Myths

Ross Kaminsky, American Spectator

Treasury would use incoming revenue to pay interest on the debt before it made other payments. Saying they would do anything else is just a bluff. GOP leaders and a few courageous reporters must start countering the fear-mongering with economic reality or we'll lose.

O May Misuse Constitution on Debt Ceiling

Mary K. Bruce, ABC News

With the Oct. 17 deadline to raise the debt limit looming, Obama isn't ruling out using the 14th Amendment to increase borrowing ability if the political impasse continues and Congress fails to do so, but says "I don't expect to get there." We'll see.