As experts warn of ‘financial Armageddon,’ some in GOP shrug (MSNBC)

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    As experts warn of ‘financial Armageddon,’ some in GOP shrug – By Steve Benen (MSNBC) / May 9, 2023

    Some Republicans with an ugly track record are taking an enormous risk with your future, based on their assumptions about an issue they don’t understand.

    It was in late January when The Washington Post published a memorable report about a congressional “education campaign.” House Republican leaders had noticed that many of their own members had made comments about the debt ceiling that reflected “a lack of understanding about the policy details,” so the party intended to “make sure their members understand how the debt limit works” and “the consequences of failing to raise the ceiling.”

    In the months that followed, plenty of evidence emerged to suggest the “education campaign” did not work. As recently as two weeks ago, House GOP lawmakers were still making public comments about the debt limit that suggested they, in a rather literal sense, simply did not know what they were talking about.

    This came to mind anew a few days ago when Punchbowl News reported, “We can’t overstate this: There are plenty of House Republicans who don’t believe that default would be catastrophic.”

    CONTINUE > https://www.msnbc.com/rachel-maddow-show/maddowblog/experts-warn-financial-armageddon-gop-shrug-rcna83496

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