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GOP To Raise the Debt Ceiling Wednesday

sleroi Wrote: Jan 23, 2013 3:44 AM
It sure seems to me to be one big shell game, with the electorate the ones losing the shirts off our backs. Thanks, Washington.

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...