The PJ Tatler

House Republicans reject unconditional debt ceiling increase

After renewing the PATRIOT Act, I wouldn’t be surprised if you began to doubt all that wonderful GOP campaign rhetoric from last November.

Perhaps there’s hope: The House defeated “their own proposal for a $2.4 trillion increase in the nation’s debt limit Tuesday,” 318-97. Which means that even some Democrats voted no.

This signals their seriousness that they’ll only raise the federal debt ceiling if the bill includes $1 trillion in spending cuts…so they say right now.

Why raise the debt ceiling at all?