Pat Toomey Wants to Go Over the Default Cliff

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Tony Rhodin says Pat Toomey wants unrelated spending cuts in exchange for paying Congress’ bills. Does he also want spending cuts in exchange for calling his family and wiping his ass? To paraphrase President Obama, Pat, we get that for free. Paying the bills is what’s expected of Congress, you don’t get anything extra to do that:

U.S. Sen. Pat Toomey, R-Pa., said today that Republicans should risk a temporary government shutdown to get spending cuts tied to the expiration of the U.S. government debt limit in February.

Speaking on “Morning Joe” on MSNBC, Toomey said that while the government’s credit rating was downgraded during an argument about the debt ceiling in the summer of 2011, that the country’s financial standing is more at risk from the government’s current fiscal stewardship.

“I’m absolutely convinced that downgrade and market chaos” come when the markets understand the fiscal path down which the United States is heading, Toomey said.

Actually what was freaking people out was the prospect of Republicans refusing to pay the nation’s creditors. Pat Toomey says he cares about policy uncertainty a lot, so let’s look at what the debt ceiling did to confidence last time he played this game:

This entry was posted in Miscellany.

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