Debt Ceiling

8:56am

Mon October 7, 2013
Politics

Former Congressman Jim McCrery: Lawmakers drew lines in the sand too soon

The government shutdown begins its second week with the parties still bitterly divided and Republicans increasingly tying the impasse to a looming deadline to avoid a default on U.S. debt in 10 days. Former U.S Congressman Jim McCrery was serving in the House during the last government shutdown. The Shreveport native now is on the steering committee for the Campaign to Fix the Debt. That’s a Washington-based nonpartisan organization to address the nation’s fiscal policies. McCrery believes that if the debt ceiling isn’t raised it will wreak economic havoc across the globe.

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