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Forget The 2-Step, Republicans Do The Can-Can Around The Debt Limit

Forget The 2-Step, Republicans Do The Can-Can Around The Debt Limit

From the Washington Post

 

House Republicans backed away from their resolute position on the federal debt ceiling, announcing Friday that they will move next week to boost the government’s borrowing authority for three months.

The move is a retreat from the earlier insistence among some Republicans that any such debt increase would have to be matched by spending cuts of equal or greater size.

A vote on the proposal is expected Wednesday. If successful, the measure would postpone what was expected to be a major clash with the White House over government spending.

The new strategy, crafted at a three-day retreat here that
ended Friday, is one sign that Republicans, battered at the polls last November and saddled with low public approval, are looking for new ways to litigate their differences with President Obama and congressional Democrats over spending and deficits.

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