Rep. Jerry Nadler, D-N.Y., talks to “Viewpoint” host Eliot Spitzer about House Speaker John Boehner’s “hard right” position on the looming debt ceiling fight. Boehner has threatened to force the U.S. to default on its debt unless the president agrees to what Nadler calls “impossible” budget cuts.
“To insist on using a blackmail that says in effect, ‘We’ll destroy the economy by not raising the debt ceiling unless you give us everything we want on cutting budgets’ is just beyond the pale,” Nadler says. “[Obama] can’t permit the Republicans, guided by the tea party caucus, to hold the country hostage that way,” he concludes.
