Breaking News: House republicans to vote next week to raise debt ceiling for additional three months
House speaker John Boehner officially announced this afternoon that the House republicans are set to vote next week to increase the debt ceiling for an additional three months. This, however, isn’t a final solution to the debt crisis — but an attempt by the Senate to lay out a key spending plan the country currently needs.
“A long-term increase in the debt limit that is not preceded by meaningful and responsible reductions in government spending might avert a default, but it would also invite a downgrade of our nation’s credit that damages our economy, hurts families and small businesses, and destroys jobs,” Boehner told fellow House Republicans, according to excerpts released by his office.
- WH snubs GOP’s short-term debt-ceiling fix (upi.com)
- GOP Embraces Crisis Politics, Pushes For Three-Month Debt Ceiling Increase (thinkprogress.org)
- Cornyn: We’re going to raise the debt ceiling; Update: House to push debt limit to … April 15? (hotair.com)
- Sen. John Cornyn: ‘We will raise the debt ceiling’ (washingtonpost.com)
- John Boehner: Congress ‘Never Going To Give Up’ Debt Ceiling Powers (VIDEO) (huffingtonpost.com)
- Lisa Murkowski: Debt Ceiling Shouldn’t Be Used As Leverage (kzawadzki88.wordpress.com)