Newt Gingrich: GOP Will “Cave” On Debt Ceiling

NEWT GINGRICH: "They've got to find, in the House, a totally new strategy. For example, everybody's now talking about okay now comes the debt ceiling. I think that's, frankly, now a dead loser because in the end, you know what's going to happen. The whole national financial system is going to come into Washington, by television, and say, 'Oh my God, this would be a gigantic heart attack. The entire economy of the world will collapse. You guys can't be responsible.' And they'll cave."

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