Pharos-Tribune

Opinion

October 13, 2013

HOWEY: Hoosier GOP on a potential default

BLOOMINGTON – The Obamacare health exchanges got off to a disastrous start this week, plagued by systemic computer glitches. But the focus of the nation was fixated on a congressionally induced government shutdown and a potential default that could dwarf the Lehman Brothers collapse of 2008.

By Wednesday, the magnitude of this epic congressional feint was an Associated Press/gfk Poll that showed approval for the body at 5 percent, putting Congress in the company of drug dealers and Kim Jung Un. The poll revealed that 62 percent blamed Republicans. Gallup measured support for the Republican Party at a historic low 28 percent, compared to a less miserable 43 percent for Democrats.

Capitol Hill sources tell me that among the eight Hoosier Republicans, a handful actually entertained a federal default.

When I sought positions from the Republican delegation, U.S. Rep. Todd Young came out emphatically against a default, while Reps. Marlin Stutzman, Susan Brooks, Larry Bucshon and Luke Messer took positions theoretically against a default, but couched the situation by urging President Obama and congressional Democrats to come to the table to negotiate, something the president said he wouldn’t do until the government reopened.

Missing in response was Rep. Todd Rokita, who in 2011 was open to a default.

Young, the Bloomington Republican who sits on the House Ways & Means Committee, has been speaking out against a federal default since 2011 and indicated he opposes anything that would prevent raising the debt ceiling, which is set to expire Oct. 17. But the closer that day comes, the more risk there is to a credit downgrade. In 2011, that downgrade actually came before the debt limit deadline.

Addressing the House on May 9, Young pushed the Full Faith & Credit Act, which he said “Would make default impossible.” He acknowledged that this is the third time since he joined the House in January 2011 he has faced a debt ceiling showdown.

Text Only | Photo Reprints
Opinion
  • THEIR VIEW: Data confirms our obsession with sports Of the five highest paid employees of Indiana University, three are involved with athletics. That was the case in 2013 as well.In new evidence that spending on athletic department salaries is outpacing the rest of the university, if not the vast majo

    July 30, 2014

  • RAMPBELL: Keeping the sick at home Something strange happened here this week: Lots of workers who’ve never done so before got the right to call in sick. And that’s a good thing.The Big Apple, you see, is joining a handful of other trailblazing cities such as Washington, San Francisco

    July 30, 2014

  • KITCHELL: Patacsil was no ordinary Joe Somebody forgot to tell Joe Patacsil that if he wanted to wrestle at a Big Ten university with black and gold as its school colors ... well, most people who know anything about college wrestling today might have said he picked the wrong one -- Purdue

    July 30, 2014

  • MARCUS: The higher education funding mess Public higher education financing is unsustainable as currently configured. This conclusion was reached by two important groups over the past two years. The National Association of State Budget Officers and the State Higher Education Executive Office

    July 29, 2014

  • PUBLIC FORUM: Are businesses missing out on interns? Are businesses missingout on interns?Admittedly we’re a little biased, but the Indiana INTERNnet and Indiana Chamber teams believe your company is not operating at full capacity if you aren’t hosting an internship program. Missing out on increased pr

    July 29, 2014

  • VILLAGE IDIOT: The state of the reunion “Katy! It’s been so long! How’ve you been?”My God, she’s gained so much weight I didn’t recognize her. It’s a good thing we’re all wearing nametags. I thought it was some distant cousin past due with triplets.“Bob! Long time, no see.”No hair, either.

    July 29, 2014

  • OUR VIEW: Indiana's right-to-work law unnecessary It has been a crime for Indiana employers to enter into labor contracts that require workers to pay union dues since Feb. 1, 2012 — the day then-Gov. Mitch Daniels signed legislation making the Hoosier State a “right-to-work” state.Whether Indiana ke

    July 29, 2014

  • COATS: What to do next with Putin, Ukraine The tragic death of 298 people on board Malaysian Airlines flight 17 in a wheat field in eastern Ukraine marks a moment when words of disapproval and expressions of grief are not enough. This is a moment when action must follow the outrage and rhetor

    July 28, 2014

  • LYONS: The most powerful men in the world? Search the phrase “the most powerful man in the world” and what comes up are photos of grotesquely over-developed weightlifters; also Barack Obama and Vladimir Putin. Awfully ironic under present circumstances. It’s a cant term TV news anchors use to

    July 28, 2014

  • CEPEDA: What are students to eat now Remember last year’s hysteria over school lunches? Administrators, cafeteria workers, students and parents across the country freaked out when — gasp! — school lunches were made healthier.News reports throughout the 2012-13 school year — when lunch s

    July 27, 2014

Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Poll

Should grocery and convenience stores be allowed to sell cold beer?

Yes
No
Unsure
     View Results
Featured Ads
AP Video
Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN Raw: Deadly Landslide Hits Indian Village Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways Raw: Thousands Flocking to German Crop Circle At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City In Virginia, the Rise of a New Space Coast Raw: Otters Enjoy Water Slides at Japan Zoo NCAA Settles Head-injury Suit, Will Change Rules Raw: Amphibious Landing Practice in Hawaii Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.