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Tuesday, January 8, 2013

So what could happen if Republican play games with the debt ceiling?

The simple truth is, the debt ceiling allows the government to pay it's bills on money already spent.

Freeloading Republicans want to stop payment, stiff Uncle Sam and the rest of the world. They've already cost the nation $19 billion in higher borrowing costs, what's a few extra percentage points.

While the Republicans boldly lie about what the debt ceiling means, Ezra Klein cuts through that massive misinformation campaign to explain how bad things could get.

It could fulfill the Republicans dream of breaking the back of government once and for all though:





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