Chait worries about the debt ceiling deadline:
Having already taken what he knew to be a huge risk with minimal payoff by supporting the Ryan budget, what can we expect of Boehner during the debt ceiling debate? The market seems to be expecting that cooler heads will prevail. Why would he risk financial chaos? Isn't he listening to business leaders? But within Boehner's world, the riskiest move is to be seen as compromising the movement's principles. When the negotiations tick down to the end, probably in August, Boehner may be thinking not of the guns pointed at the financial system but at the ones pointed at his back.
Josh Barro tries to talks some sense into the GOP:
It’s important to step back and consider the stakes here. Republicans say it is important, above all else, to rein in federal government spending. But the risk with excessive spending is not that government will literally become unaffordable or that we will be unable to service our debts. The United States has tremendous available fiscal capacity, as demonstrated by significantly higher tax burdens in most other first-world countries. The real risk of elevated spending is that we’ll adopt a permanently higher level of taxation.
That is a risk, but not a catastrophic one. While there is a link between government spending and economic growth, it is not as strong as conservatives like to believe.
The Dish 