PERRspectives: House GOP Budget Would Require $6 Trillion Debt Ceiling Hike
"If nothing else, the right-wing temper tantrum over Tuesday's "fiscal cliff" agreement is rich with irony. After all, the "crisis" was never really about deficit reduction (which the expiration of the Bush tax cuts would have handled quite nicely) but the very real danger of slashing the national debt too fast and thus triggering an economic downturn in 2013. More pathetic still, the GOP's ersatz deficit hawks on Capitol Hill, always more concerned with shredding the social safety net than stemming the flow of red ink, voted overwhelmingly for Paul Ryan's House Republican budget which would require $6 trillion more in debt ceiling increases over the next decade."
