We can't default on our commitments

One of us grew up in Tennessee with a first cousin who had a dry sense of humor but a deep understanding of political reality. When he was urging against a return to Washington in 1981, saying it was better to remain in Tennessee and continue to take pictures of a nesting Pileated Woodpecker, I explained I had to go back because of the debt limit bill. To which he replied: “You only have two choices — you can either pay ’em or beat ’em out of it.”

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Meaning that the question is not really the debt limit but, rather, the fundamental commitment to honor our obligations. It’s about recognizing that the last thing a tenuous and fragile recovery needs is another earthquake, a wave of fear in the private sector that further inhibits job creation.

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