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Are Republicans Ready for Another Debt Showdown?

May 9, 2013 · 7:53 am ET · Leave a Comment

“The federal debt limit is set to kick back into effect next weekend after a three-month hiatus, marking the start of a political game of chicken likely to culminate in the fall, when Congress will have to give President Obama a higher limit or risk a federal default. Which raises the perennial question: How far are congressional Republicans willing to push this?,” the Washington Post asks.

“Many Democrats predict Republicans will fold like a cheap suit as the deadline approaches, eager to avoid the disaster of 2011, when the last debt-limit showdown sent congressional approval ratings plummeting into single digits.”

Budget & Taxes

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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