Writers like, Ezra Klein and Greg Sargent, who have bought into the idea that that debt ceiling must be raised by August 2nd to avoid catastrophe, are very worried about this new Pew poll that found the country evenly divided on the dangers of the debt ceiling. The poll found that 39 percent thought we [...]

Last night the Republicans offered to do a short term increase of the debt ceiling to prevent default and President Obama angrily dismissed it, according to the Huffington Post: At issue was Cantor’s repeated push to do a short-term resolution and Obama’s insistence that he would not accept one. “Eric, don’t call my bluff. I’m [...]

The White House has been trying to maneuver everyone into reach a big austerity deal, but I simply can’t see Obama carrying out his short term veto threat unless the administration had been lying other aspects of the debt ceiling issue.