While the short answer is that it is no doubt protected against criminal prosecution by the Speech or Debate Clause of the U.S. Constitution, one can't help but think of how the successive efforts by radical 'Tea Party' Republicans, first during the manufactured "fiscal cliff" crisis, and now by way of holding a figurative gun to the head of the nation's and world's economy, in order to extract concessions that would destroy the New Deal safety net (see two Jan. 14 segments of the Ed Schultz show below), resembles the crime of extortion, perhaps even treason.
For those of us who live in California, this latest round of GOP hostage-taking comes as no surprise. Year-after-year, the CA GOP utilized the Golden State's requirement of a 2/3 vote for passage of either spending or revenue enhancing measures as a means to force austerity, such as former Republican Gov. Arnold Schwarzenegger's draconian $15 billion cuts to education and health care. By refusing to pass a budget, the CA GOP at one point forced the state controller to issue $2.6 billion in IOUs. And, all during the CA GOP reign of economic terror, the Golden State's budget deficit expanded --- reaching an indebtedness in excess of $20 billion despite those massive cuts.
Democracy struck back. The percentage of CA voters who are registered Republicans dropped to less than 30%. During the 2012 election, CA voters passed a relatively progressive, revenue-enhancing tax measure supported by Gov. Jerry Brown (D) by a wide margin and the GOP's ability to hold the state hostage was eliminated when Democrats achieved a super-majority in the state legislature.
As a result, fiscal sanity was restored. CA is now on track to achieving a budget surplus even as $5.2 billion has been added to the state's school, university and health care budgets.
It is appropriate that President Barack Obama, who unfortunately lacks a record of holding fast to principle, has, so far, stated that he will not give in to the latest extortion demands concerning the upcoming need to raise the debt ceiling once again. But, given the nature of the far greater damage to both the U.S. and even global economy that could be wrought by the Congressional GOP's latest round of hostage-taking, can the nation or the world await a subsequent election to deal with extortion by an organization, the so-called 'Tea Party,' that is funded and controlled by the rapacious billionaires Charles and David Koch, whose Koch Industries was described by William Koch, David's twin, as a form of "organized crime?"
Two 1/14/2013 segments of MSNBC's The Ed Show addressing GOP hostage-taking on the debt ceiling follow below...