'This Is Where the Systematic Killing Took Place': 200 Days of War From...
NYPD Arrests Dozens Who Besieged Area Near Chuck Schumer's Home
White House Insists Biden Has Been 'Very Clear' About His Position on Pro-Hamas...
Watch Biden Lose the Battle With His Teleprompter Again
NYT Claims Trump Is Getting 'Favorable Treatment' from the NYPD
Texas Doesn't Take Passive Approach to Anti-Israel Mobs
Columbia Prof Who Called to Defund the Police, Now Wants Police to Protect...
Pelosi's Daughter Criticizes J6 Judges Who are 'Out for Blood' After Handing Down...
Mike Johnson Addresses Anti-Israel Hate As Hundreds Harass the School’s Jewish Community
DeSantis May Not Be Facing Biden in November, but Still Offers Perfect Response...
Lawmakers in One State Pass Legislation to Allow Teachers to Carry Guns in...
UnitedHealth Has Too Much Power
Former Democratic Rep. Who Lost to John Fetterman Sure Doesn't Like the Senator...
Biden Rewrote Title IX to Protect 'Trans' People. Here's How Somes States Responded.
Watch: Joe Biden's Latest Flub Is Laugh-Out-Loud Funny

Again? Debt-Ceiling Fight Could Be Back Before 2012 Election

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

Remember the debt ceiling? Thought that was all squared away over the summer by the Budget Control Act and the creation of the super committee? Maybe not.

There is a chance – and not a comfortably small one – that another debt-ceiling fight could rear its sure-to-be ugly head before the November 2012 election. The super committee could mitigate the risk by agreeing to $1.5 trillion in deficit reduction, but a lack of progress toward any deal at all means that’s unlikely.


“We don’t hit the debt ceiling until after the election, assuming the economy doesn’t crash and assuming that Europe doesn’t pull us back down,” said Ethan Pollack, a fiscal policy expert at the Economic Policy Institute. But if there’s a recession, Pollack said, “there’s a very good chance" the United States would hit its $15.2 trillion debt ceiling before the end of 2012.

Join the conversation as a VIP Member


Trending on Townhall Videos