The Norman Transcript

Columns

October 14, 2013

Boehner going in right direction

(Continued)

NORMAN —

Failing to raise the debt limit on time would drive up interest rates, damaging the economy and exacerbating the federal budget deficit Republicans say they want to reduce. So instead of suggesting ways to face the limit again in a few weeks, or to make it harder to avoid a default, Republicans should recognize that limiting the government’s ability to keep its commitments isn’t the way to narrow the deficit or slow the accumulation of debt. The right place to address those issues is by negotiating a budget for the current fiscal year, a process House Republican leaders had blocked until Thursday. And in the meantime, Republicans should agree to end the shutdown and stop using the debt ceiling as a negotiating tool.

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