Debt Limit - To Raise or Not to Raise. Not to Raise will cause untold hardship and economic issues.

Excerpts from the article

One last point I want to make. While I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills that they've already racked up through the laws that they've passed. Let me repeat, we can't not pay bills that we already incurred.

Only time will tell what happens, but McConnell and his crew can't have a debate about torching the United States economy unless President Obama agrees to have it with them. As long as he refuses to negotiate over their threat to sabotage the economy, they can pontificate all they want, but will in the end still face a binary choice: default or no default. Personally, I'm convinced they are bluffing, but even if they aren't, President Obama needs to stand firm: we can't negotiate with economic terrorists.


http://www.dailykos.com/story/2013/01/03/1175945/-Mr-Turtle-cluelessly-clamors-for-debt-limit-debate-that-President-Obama-says-he-won-t-get