http://www.cnn.com/2011/POLITICS/05/31/debt.ceiling.vote/index.htmlThis is a political stunt, as the article points out. The dance over the budget ceiling is an annual pageant no matter which party is in charge. The wild eyed children in the House have brought a new wrinkle to it, demanding spending cuts to buy their votes. Specific programs like Planned Parenthood are on their hit list.
Economists are unanimous in their opinion that the U.S. defaulting on its debts -- that's what this means in plain terms -- would be catastrophic for the world economy. The young ones in the House don't care. They're on a mission. They're like the zombies in horror movies..
