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Cyburbian
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Perhaps you were thinking of sedition, instead of treason? And, no, I don't think you are off base at all.
We need to be careful about throwing out words like treason and sedition. This isn't the same a crying fire in a threater or purposely trying to undermine the authority. I was pixxed of when Bush, Inc was throwing out those words during the height of the Iraq war toward anyone who dared opposed the war. Both ideas depends on how is in power and where you stand on a particular issue. Majorities become minorities only to become majorities again.
Do I agree with what is happening now, no. I also think the people doing the fighting are insulated from the results if the debt ceiling isn't raised. This is part of the problem. But I don't think it rises to the point of either treason or sedition. Stupidity, greed and short sightedness, most definitely. I also think this going to shake things up in the next election and not the way either party hopes for.