WASHINGTON — In 2011, as a wave of populist fervor swept by way of Congress, delivering a restive class of anti-spending Republicans who had no urge for food for elevating the debt restrict, Home G.O.P. leaders rallied their members round a invoice with a blunt, snappy slogan: “Reduce, Cap and Steadiness.”
The phrase neatly encapsulated the unequivocal nature of the circumstances Republicans have been demanding in change for permitting the federal government to keep away from a debt default. Their laws — a purely…
