Cruz's aides, who have Washington experience, understood what was going on, but he didn't.... Cruz is a lawyer. Lawyering is all about strategy - so is Washington and just about everyone there is a lawyer.
Accept the reality as it is and stop being pissed off that the imaginary transparent reality doesn't exist.
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In hind sight it cost more to put on that circus than it would have to just keep going along as normal.
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No shit it did. Conservatives using throw away money strategy again on Planned Parenthood.
As far as a default, spending is always higher than incoming tax revenue. The taxes ALL get spent. Debt who's term is up needs to be paid back in full. A June 10 year bond from 2005 needs to be paid back in full June of 2015. It's a continuous cycle. The treasury can only spend what it has. It can't make interest only payments on the billions of dollars in old debt that's due in full each month.