The Debt Ceiling Crisis

Republican Elephant

As people are arguing that there is a 40% chance of a government shut down and a default on US debt, the House Republicans are circulating proposals to kickstart tax reform, permit the Keystone XL pipeline and trim a number of federal regulations in exchange for a borrowing boost for one year. The deadline in October 1st where the fiscal conservatives have targeted their their battles hoping to convince the contry-club Republicans to get on board.