The credit of the United States hangs by a thread.
Arnold Ahlert is a former NY Post op-ed columnist currently contributing to JewishWorldReview.com, HumanEvents.com and CanadaFreePress.com. He may be reached at firstname.lastname@example.org.
Jacob Laksin is a senior writer for Front Page Magazine. He is co-author, with David Horowitz, of The New Leviathan (Crown Forum, 2012), and One-Party Classroom (Crown Forum, 2009). Email him at email@example.com and follow him on Twitter at @jlaksin.
The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit and a political problem that President Barack Obama has promised to address next year. The Senate’s rare Christmas Eve vote, 60-39, follows House passage last week and raises the debt ceiling by $290 […]