In this summer’s debate over raising the debt ceiling, the game of chicken fell apart. Both cars swerved, both sides claimed victory, and nothing happened. No one wants a repeat of this, so Congress has changed the stakes of the game by creating a supercommittee.
They’ve put the supercommittee behind the wheel and filled each car with both political parties’ children — budgetary items each party holds dear. If neither side swerves, automatic cuts will be made.
Playing Chicken To Cut The Deficit : Planet Money : NPR
Accurate metaphor.