Come February, Congress must raise the U.S. debt ceiling or see the nation default on its obligations. Republicans promise to exact a fearful price for being responsible. President Obama says he won’t play that game again.
“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 passed,” he said last Tuesday night after legislation raising taxes on the wealthy passed.
The matter could not be put more succinctly. Congress passed…
