
You know the situation is serious when “even” an avowed socialist worries about government spending. Here's a clip of Democrat congressman Peter Welch of Vermont on Ed Schultz's radio show Monday talking about the looming battle over the debt ceiling ( audio ) — WELCH: And Mr. Cantor is saying this is a leverage moment, whether we pay our bills, whether we say we're going to do what we're required to do, is a leverage moment. Well, you and I both know that there is a vast divide between the Ryan-Cantor budget and the Obama-Democratic budget … SCHULTZ: No question about it … WELCH: …