January 06, 2013


GOP Dissension Over Debt-Ceiling Strategy

"There are early signs of division within the Republican Party over how to approach the upcoming debate over raising the federal debt ceiling," the Washington Post reports.

"On Friday, a top Senate Republican signaled that members of his party should be prepared to play hardball and be willing to accept the kind of consequences in each previous fight they've threatened but managed to avoid... But other Republicans counseled caution, warning that pressure from the business community and the public to raise the $16.4 trillion federal borrowing limit renders untenable any threats not to do so and will weaken the GOP's hand if their stance is perceived to be a bluff."










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