Author Topic: Democrats, Republicans signal standoff over debt ceiling almost certain  (Read 175 times)

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Offline Olivia

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A top Democrat and Republican on Sunday signaled that the upcoming debt-ceiling negotiations, as widely anticipated, will be another Washington showdown.

The negotiations in October put the country at risk of running out of money and not being able to pay its debt, with Republicans eventually dropping their demands for spending cuts and other concessions and accepting a deal to suspend the debt ceiling through Feb. 7.

White House senior adviser Dan Pfeiffer told “Fox News Sunday” that President Obama will “not pay ransom” for getting Congress to fulfill its duty to increase the ceiling and that members should “spare the country the drama.”

Senate Minority Leader Mitch McConnell said later on the show that Obama’s demand for a no-strings-attached deal to raise the debt ceiling, now at about $17 trillion, in the coming weeks is “irresponsible” and that demands from Congress have been the pattern for 50 years.

Well, we all know what's going to happen here...
Truthfully, the most important thing in life is knowing what the most important things in life are, and prioritizing them accordingly.   Melchor Lim

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