Editorial: Once again, Republicans are threatening to tank the economy to get their way

Like the hockey-masked villain in some cheesy horror flick, the GOP’s debt ceiling caucus just keeps coming back. Once again, the party’s more radical members are threatening to hold America’s full faith and credit hostage by refusing to raise the nation’s debt limit. The Treasury hit that $31.4 trillion limit Thursday, meaning it will have to be raised — as it routinely has been over the years, under both parties, to cover expenses incurred by both parties.