But it’s NOT Republican Obstructionism – ‘Republican Leaders Will Pick Yet Another Debt Ceiling Fight’
‘Republicans are gearing up to pick yet another fight on the debt ceiling’.
‘Speaker John Boehner’s (R-OH) office on Wednesday signaled another standoff after Treasury Secretary Jack Lew wrote a letter saying Congress will have to act by “late February” — sooner than expected — to raise the borrowing limit in order to avoid a potentially catastrophic default on U.S. debt’.
“The Speaker has said that we should not default on our debt, or even get close to it, but a ‘clean’ debt limit increase simply won’t pass in the House,” Michael Steel, a spokesman for Boehner, told TPM in an email. “We hope and expect the White House will work with us on a timely, fiscally-responsible solution.”
‘The GOP’s apparent desire for another debt ceiling fight is confounding after the party forced one last fall and surrendered one day before the deadline without extracting any concessions’.
‘It’s also notable because Republicans and Democrats wrapped up a $1.012 trillion spending bill last week, which passed on an overwhelming bipartisan vote.
‘The debt limit has to be raised in order to finance that spending’.