Former Senator Judd Gregg (R-NH) says Social Security checks will need to be halted before House Republicans will agree to a deal to raise the debt limit...
..."My gut tells me that we'll need a weekend of drama — maybe a weekend of the government not paying its bills — politicians need drama to make something happen. As soon as social security checks don't go out, the politics will change. I suspect it'll take artificial drama to get closure past the House." "Boehner understands that a shutdown is bad for his caucus and that there's something viable short of a shutdown but right now... it's a 50-50 chance that we go into a few days of disruption."
Gregg said lawmakers don't really care about the nation's credit rating:
"Policy-makers only worry about a ratings downgrade at the margins. They don't really care.
http://www.businessinsider.com/former-senator-judd-gregg-says-shutdown-needed-before-house-will-agree-to-debt-limit-deal-2011-7?op=1