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GOP To Raise the Debt Ceiling Wednesday

Drifter33 Wrote: Jan 22, 2013 9:30 AM
Yeah...does that ever sum it up nicely.

Despite talking for months about using the debt ceiling as leverage to get Senate Majority Leader Harry Reid to pass a budget, spending cuts and entitlement reform, House Republicans are expected to vote on a temporary debt ceiling increase tomorrow.

House leaders on Monday unveiled legislation to permit the government to continue borrowing money through May 18 in order to stave off a first-ever default on U.S. obligations. It is slated for a vote on Wednesday.  

Although President Obama is getting a temporary break from the debt ceiling fight as a result of this...