CHARTS: How The Debt Ceiling Debacle Hurt The Economy

CHARTS: How The Debt Ceiling Debacle Hurt The Economy: House Republicans last year used the imminent approach of the nation’s credit limit to force Congress into enacting a series of spending cuts. The hostage scenario led to the nation’s first ever credit downgrade, with the credit rating agency Standard & Poor’s repeatedly citing the GOP’s intransigence on revenue as a key justification. Speaker of [...]/p