POLITICS
03/03/2011 12:40 pm ET Updated May 25, 2011

The Hollow Cry Of 'Broke': New York Times Editorial

"We're broke! We're broke!" Speaker John Boehner said on Sunday. "We're broke in this state," Gov. Scott Walker of Wisconsin said a few days ago. "New Jersey's broke," Gov. Chris Christie has said repeatedly. The United States faces a "looming bankruptcy," Charles Koch, the billionaire industrialist, wrote in The Wall Street Journal on Tuesday.

Read more on New York Times