Even as Congressional Republicans insist they are willing to negotiate—as if the other side had any demands—the federal shutdown drags on. Although previous reports from anonymous moderates held that John Boehner was determined to pass a clean debt ceiling increase, the Washington Post reported yesterday that he is willing to risk default. “That’s the path we’re on,” Boehner said on ABC’s This Week, unless President Obama offers some undetermined concessions on the Affordable Care Act or federal spending. Page 2 of the same article contains this paragraph:
Some Republicans argue that missing [routine Social Security payments] would not amount to a governmental default. They say that would occur only if the Treasury Department fails to make interest payments to investors.
It’s good to see the GOP’s priorities remain intact.