The new Republican majority in the U.S. House of Representatives had barely settled in when Treasury Secretary Janet Yellen lobbed a hand grenade into the GOP caucus bunker. She announced that the U.S. could default on its debt this week unless the government takes “extraordinary” steps and Congress raises the national debt limit. This urgent need for action is a serious challenge to the new Speaker Kevin McCarthy, and his renegade band of institutional anarchists in the GOP-controlled House. The big question now is whether the House Republicans are ready to rumble with the Democrat in the White House and the Democratic majority in the U.S. Senate. Members of the House majority need to d
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