http://www.washingtonpost.com/politics/debt-ceiling-more-democrats-threaten-to-vote-against-raising-borrowing-limit/2011/04/28/AF5KvY8E_story.html
Debt ceiling: More Democrats threaten to vote against raising borrowing limit
By Peter Wallsten, Published: April 28
A growing number of Democrats are threatening to defy the White House over the national debt, joining Republican calls for deficit cuts as a requirement for consenting to lift the country’s borrowing limit.
The tension is the latest illustration of how the tea-party-infused GOP is driving the debate in Washington over federal spending. And it shows how the debt issue is testing the Obama administration’s clout as Democrats, particularly those from politically competitive states, resist White House arguments against setting conditions on legislation to raise the debt ceiling.
April 27 (Bloomberg) -- Former U.S. Treasury Secretary Paul O'Neill talks about the performance of Treasury Secretary Timothy Geithner and the outlook for congressional action on raising the federal debt ceiling. O'Neill speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (This is an excerpt of the full interview. Source: Bloomberg)
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The push-back has come in recent days from Sens. Kent Conrad (D-N.D.), chairman of the Senate Budget Committee, and Joe Manchin (D-W.Va.), a freshman who is running for reelection next year. Sen. Mark Pryor (D-Ark.) told constituents during the Easter recess that he would not vote to lift the debt limit without a “real and meaningful commitment to debt reduction.”
Even Sen. Amy Klobuchar (D-Minn.), generally a stalwart White House ally, is undecided on the issue and is “hopeful” that a debt-ceiling bill can be attached to a measure to cut the federal deficit, said her spokesman, Linden Zakula. Klobuchar is also up for reelection next year.
Months ago it seemed unthinkable that Congress might refuse to raise the borrowing limit. Leaders in both parties agreed that failing to do so would risk a default by the U.S. government, which could send interest rates soaring and cut off Social Security checks, as well as salaries for combat troops.
And although many lawmakers and aides say a bipartisan deal is likely, the insistence on conditions by a small but pivotal group of Democrats suggests that any agreement would almost certainly have to include substantial cuts in the deficit — not just to mollify House Republicans but to satisfy Democrats who could be politically vulnerable on spending issues.
“As catastrophic as it would be to fail to raise our debt ceiling, it’s even more irresponsible to not take this opportunity to own up to our unsustainable spending path,” Sen. Mark Udall (Colo.), another Democrat challenging the White House, said in a statement his office released this week. “If we don’t take action to reduce our deficit spending, Congress will be facing this same debt ceiling vote in the near term – still with no end to our deficits in sight.”
The debate is likely to dominate Capitol Hill as early as next week, when lawmakers return from recess.
The government is expected to reach its $14.3 trillion debt cap in mid-May. Treasury Secretary Timothy F. Geithner has said he can maneuver to avoid a default until early July.
The White House has condemned efforts to attach additional measures to the debt-ceiling issue. Press secretary Jay Carney has called it “a dangerous, risky idea to hold hostage . . . a vote on raising the debt ceiling to any other piece of legislation.”
On Thursday, White House spokeswoman Amy Brundage said legislative leaders in both parties “have been clear that the debt ceiling has to and will be raised to prevent another economic meltdown.” She added that there is also bipartisan agreement about reducing the deficit by trillions of dollars. “If members of Congress act responsibly and try to reach common ground, we can agree to significant deficit reduction without playing reckless politics with our economy,” she said.
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