Rand Paul Holds Debt Ceiling Hostage

From ThinkProgress:

Sen. Rand Paul (R-KY) has already made it abundantly clear that he expects Republicans to demand concessions in return for raising the nation’s debt ceiling, which will have to be done sometime in the coming months. Like a slew of equally irresponsible Republicans, Paul has issued demands that he wants fulfilled in return for his vote to increase the debt limit, essentially holding the credit-worthiness of the United States hostage to his brand of radical fiscal conservatism.

Last night, Paul was asked about his stance on the debt ceiling by Fox News’ Sean Hannity, where he replied that the only way he will vote to increase the debt limit is if Congress adopts “an ironclad rule that we will balance the budget from here on after.”

...House Budget Committee Chairman Paul Ryan (R-WI) — who has some radical ideas about the federal budget himself — has said that failure to raise the debt ceiling is “unworkable.” “Does it have to be raised? Yes, you can’t not raise the debt ceiling,” Ryan said. Leaving aside the myriad disastrous consequences that would result if the U.S. failed to raise the debt ceiling — and the fact that the current Congress can’t tie the hands of a future Congress, as Paul seems to imagine they can — Paul’s demand shows that he’s completely out-of-touch with what the federal budget actually looks like.