[mas cerveza por favor]

‘Failing to raise the ceiling would be “Armageddon-like” for the economy, Obama spokesman Jay Carney said recently.’

They threatened tanks in the streets to frighten Republicans into backing the trillion-dollar bailouts.

[Thane_Banquo]

I agree that failing to raise the debt ceiling would create vast financial problems that dwarf 2008. However, raising it without attaching far-reaching and deep fiscal reforms would do exactly the same thing, but only a few years down the road.

[the invisib1e hand]

‘Failing to raise the ceiling would be “Armageddon-like” for the economy, Obama spokesman Jay Carney said recently.’

it's about half dead anyway.