Republicans Rally Behind Short-Term Debt Limit Deal…After Opposing The Idea For Weeks | Talking Points Memo

Dems are happily noting the irony that Republicans have united behind a short-term debt limit increase, after publicly opposing the idea for months. Two weeks ago, top Republicans began reconsidering that view, and now House Speaker John Boehner (R-OH) is preparing to unveil a two-step debt limit bill to his caucus. The idea is to cut hundreds of billions of dollars from the budget in current legislation, raise the debt limit by a similar, modest, amount, but make raising the debt limit through the 2012 elections contingent on the swift adoption of entitlement and tax reform.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=109160