Most Americans have no idea how serious hitting the debt ceiling would be:
Jordan Weissmann comments:
Right now, most of the public seems to think that since Congress lacks any kind of spending restraint, it would be just fine for the Republicans to pick a debt ceiling fight, even if it means potentially defaulting on our debt. Would they still be fine with it if they realized it could result in their grandparents not receiving their social security checks? Who knows. Voters were much more closely split in a Washington Post/ABC News poll that framed the issue in terms of the government “paying its bills.” But the Republicans pushing for this confrontation are obviously aware that a good chunk of America is in their corner on this, whether those voters know what they’re talking about or not.