Forget the fear that the Republicans and the Tea Party spread across the
financial markets on the debt-ceiling fiasco last year. Forget the
gridlock they created over the budget and inability to solve real
problems such as getting out of the economic rut. Forget that they
turned upside down every rule of sound fiscal management with their
Now the Government Accountability Office (GAO) tells us that the extremist Republicans cost the taxpayer over $1.3 billion in 2011 with their months-long obstructionist behavior. That figure will only increase in years to come, according to the GAO.
Real money lost, real time lost, real work that could have been put to productive use.
And that $1.3 billion doesn’t even count the wasted time that Congress put into this effort or the lack of any meaningful compromise that could have been struck.
Maybe the next time someone comes up with such a counterproductive strategy to play politics with the debt ceiling they will think twice.