Monday, November 22, 2010

Debt limit will be test of resolve for GOP freshmen from tea party

WASHINGTON – The federal government will run out of money next spring. Tapped out. Credit line depleted. Nothing to do but borrow more – or let the government screech to a halt, with all the damage that would inflict on the economy. Only the U.S. government can raise its own credit limit. States can't do it, or homeowners, or businesses. But here's the rub: The tea partiers are in no mood to spill more red ink. Scores of freshman lawmakers elected this month ran on anti-spending platforms.

Gillman: http://dallasne.ws/bdOPOW

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