Sen. John Cornyn (R-TX) told the Houston Chronicle that Congress will not allow an impasse over raising the debt ceiling to result in the federal government defaulting on its spending obligations.
Said Cornyn: “We will raise the debt ceiling. We’re not going to default on our debt… I will tell you unequivocally, we’re not going to default.”
“Cornyn’s fellow Republicans, particularly in the House, have been trying to use the issue of the debt ceiling to force President Obama to agree to spending cuts.”
The Week: Why Republicans will raise the debt ceiling.
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