Democrats, Republicans signal standoff over debt ceiling almost certain
Both political parties are displaying an indication that the debt ceiling deadline on February 7 will lead to another debate between the two parties. While the Democrats want a no-negotiation increase, Republicans want some strings attached to any debt ceiling increases--noting that there has in fact been negotiations attached to debt ceiling increases. One such string could be approving the completion of the Keystone Pipeline.
In my opinion, it is completely irresponsible to not have some strings attached to a debt ceiling increase. America needs to get its financial situation under control, and this is a perfect opportunity to do just that.
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I don't think Obama should be taking such a firm stance. There needs to be a compromise. The debt ceiling needs to be raised and as long as Congress's demands are reasonable, I hope there won't be too much political gridlock come February.
ReplyDeleteWhile I do think the debt ceiling absolutely has to be raised, I think meeting some of the Republicans' demands would be a good way to ease concerns about the economy. Also, getting to some sort of compromise might lessen the incredible polarization of the two parties and show the public that the two sides can, in fact, negotiate in a civil way.
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ReplyDeleteNo gridlock. No strings attached. Boehner just announced he will let a clean debt ceiling increase come for a vote tomorrow. He is hoping to keep just a handful of R's voting for it, including himself-- but is relying on it passing almost entirely by D's. Pretty remarkable turn of events-- dare we say a surrender?
ReplyDeletehttp://www.nytimes.com/2014/02/12/us/politics/boehner-to-bring-debt-ceiling-to-vote-without-policy-attachments.html?hp