House Will Vote to Raise Debt Limit on Wednesday

In the middle of the inaugural festivities, Republican officials confirm the House will vote Wednesday “on an increase in the nation’s debt limit, a move designed to prevent a first-ever government default,” the AP reports.

“The vote marks a change in strategy for House Republicans who run the chamber and who remain adamant about reducing government spending but decided not to use the debt limit to trigger a confrontation with President Barack Obama.”