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Pelosi Torpedoes White House Debt Limit Plan

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“Speaker Nancy Pelosi late Monday said the House of Representatives would not raise the debt ceiling unless it is part of a broader budget deal, putting extreme pressure on the White House and congressional leaders to cut a deal within days,” the Washington Post reports.

“Pelosi said the idea of raising the debt ceiling on its own and not in conjunction with a budget agreement was not ‘acceptable to our caucus’ and therefore did not stand a chance of passage in the House of Representatives.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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