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Economics

The Tea Party's Pyrrhic Victory

Antigovernment conservatives have triumphed in their crusade against spending. But success comes at a price
The Tea Party's Pyrrhic Victory
Illustration by Steph Davidson

Behind this week's cover

Say this for Tea Party Republicans: They don’t back down. No apologies for triggering a partial shutdown of the federal government, then refusing to raise the debt ceiling without concessions. Condemnation rains down on them from the White House, from foreign capitals, from public opinion polls, but the Tea Party rages on.