Boehner may face serious repercussions from "true conservatives" in the tea party movement, but that is the price he pays for climbing in bed with morons and imbeciles who went to Washington to destroy the government that Boehner has been all-in for over the past three years.
One would think that the idea of deliberately crashing the economy would not garner much support, but an overwhelming majority of Republicans want their party to cause an economic catastrophe.
A group of House Republicans are arguing that that the nation's credit rating would actually be better if the United States defaulted on its debt.
For the past two years under Republican rule, America relinquished its leadership position to Europe and became a devotee of austerity economics and followed the Eurozone into economic contraction.
President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times. In contrast, President Obama has raised the debt ceiling just 6 times.
Fitch ratings poked a huge hole in Republican talking points by warning that using the debt ceiling as a mechanism for fiscal discipline is ineffective and potentially dangerous.
Nancy Pelosi (D-CA) destroyed Republican talking points regarding the debt ceiling on Face the Nation, and then upped the ante for more revenue.
Federal law requires Congress to authorize the government to borrow any money that is needed to pay for the programs that Congress has passed.
When President Obama took office, the federal deficit was $1.413 trillion dollars. Three years later, at the end of fiscal year 2012, the deficit has been cut by 25% to 1.089 trillion dollars.