Today's the day the United States officially reaches its $14 trillion-plus debt limit, providing yet another opportunity for Rethugs to hold the government hostage in exchange for caving on its far-right agenda. As the linked article points out, the critical date for default will actually come up in August since the Treasury Department can juggle the books for about 11 weeks to avoid default.
Playing chicken with American economic health and prosperity is what the Rethugs, cowed by their teatard/ Randian base, are doing. Regrettably, as usual, the "mainstream media" is failing to call out their tactics. One example, heard the other day on a radio promo for last Sunday's "Press the Meat", host Dancin' David Gregory presented the dilemma as a battle involving entitlement reform and further cuts in domestic spending. That's right: no mention of the revenue side of the ledger. With "honest brokers" like that, who needs Fox News? (Hell, who needs CNN for that matter?)