The Consequences of a Debt Committee Stuck in Neutral

What their inaction could mean for America.

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This dissent has spilled into the streets. Activists continue to occupy cities throughout the United States. The Tea Party, which helped propel Republicans into office in 2010, has abandoned many of the candidates it championed.

A whiff of compromise is in the air, but whether this spirit of compromise will compel the debt committee is a different matter. It is tasked with compromise at a time when American politicians are polarized and concession is viewed as defeat. And no one is ready to admit a political loss, even if this loss ultimately hurts the American people.

deficit and national debt