In response to:

Debt Limit, the GOP, and Picking the Right Fight

Chris from Kalifornia Wrote: Jan 19, 2013 8:54 AM
Because no matter what, John Boehner is going to lose the fight. He always does. He has been busy stripping all the true conservatives out of any position of power in the house and installing his own "yes" men. He is about to complete the destruction of the republican party. I suggest all true conservatives, ESPECIALLY those in the house to switch to the constitution party immediately so that conservatives will have real representation in the house.

In an ideal world, Congress would not raise the debt limit.

This would force – automatically and immediately – a balanced budget. More important, it would produce a meaningful reduction in the burden of government spending.

And contrary to hyperbole from defenders of the status quo, it doesn’t mean default since the federal government collects about ten times as much revenue as needed to pay interest on the debt.

But even though that seems like a fantasy outcome for people like me from the Cato Institute, I actually...