Harry Reid Signals Willingness To Rumble Over Debt Ceiling | Talking Points Memo

One of the Democrats’ main concerns with the tax cut compromise is about what’s not in the plan: a measure that would increase the amount of debt the United States can legally take on. It gives the Republican an opening to repeat this hostage situation next year when they control the House: agree to raise the debt ceiling, but only if Democrats agree to slash spending programs by billions. Spending cuts or default. You pick!


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=117222