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The GOP Is Holding the Economy Hostage, and It's Time to Call Its Bluff

By Joe Conason - January 7, 2011

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In their ideological zeal, the new Republicans on Capitol Hill seem eager to gamble everything -- the financial reputation of the United States, the international status of the dollar, even the chance of a worldwide depression -- on a showdown over the national debt ceiling. What has been mostly a routine if unpleasant debate in years past, with each party blaming the other for the nation's...

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