Who will House Republicans choose as their next Speaker? Will that Speaker demand meaningful debt reduction as a condition of raising the debt limit? These imminent decisions are ineluctably intertwined.
Absent meaningful debt reduction, our republic is headed over a fiscal cliff that will make Thelma and Louise’s suicide plunge into the Grand Canyon look like a soft landing. It is therefore imperative America’s next House Speaker have both the brains and backbone to roll back America’s fiscal crisis.
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