Default Meets Its Perfect Match
Time to end the game of chicken with the debt limit
In 40 years, U.S. shutdowns have cost taxpayers $7,710,470,000, without adding the cost of credit rating downgrades caused by a potential default.
A simple fix will be to dock the salaries of 435 congressional members and the President for holding the U.S. economy hostage to gain political leverage. But, it will be naive to expect…