Dems Oppose Toomey Plan to Ensure No Default

Stephen Moore, WSJRumors are bouncing through Washington and Wall Street that Republicans in Congress are flirting with a debt default in August as a way to get President Obama to agree to spending cuts.This rumors got steam from a widely cited Reuters report that said "an increasing number of Republicans do not believe the Obama administration's dire predictions of economic catastrophe if the debt limit is not increased" and that the GOP thinks "a period of technical default can be managed without plunging markets into chaos."

Source: http://www.realclearpolitics.com/2011/06/13/dems_oppose_toomey_plan_to_ensure_no_default_257185.html

hamid karzai barak obama hillary clinton george w bush nancy pelosi