With a series of fiscal deadlines approaching, some Republicans in Congress say they're ready to shut down the government to get real spending cuts, a reprise of the famous shutdowns of 1995.
J. Scott Applewhite/AP
With one short-term deal to avert the fiscal cliff behind them, Republicans have already moved on to Round Two, and are making it clear that this time, they believe they have a lot more leverage – including the threat of a government shutdown.
Yes, you heard us correctly. The same party that shut down the federal government twice back in 1995 – only to suffer a massive public backlash, paving the way for a sweeping reelection victory for President Bill Clinton – is now openly suggesting that they'd walk that same plank again. In fact, listening to the rhetoric coming from many GOP members recently, it's sounding like a possibility they'd not only accept, but would actually embrace.
To give just one example: Texas Sen. Ted Cruz, a tea party favorite, told CNBC last week: "I think we have to be prepared to go so far as to shut the government down if we don’t get some serious policies to stop the out-of-control spending, to tackle the debt, and to get economic growth."
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