In the midst of a complete surrender over the hard-fought spending cuts in the bipartisan Budget Control Act of 2011, congressional Republicans are talking out loud about making demands to raise the debt ceiling in the spring.
For example, Rep. Paul Ryan (R-WI), who brokered the budget deal with Sen. Patty Murray (D-WA), noted over the weekend that House Republicans “don’t want ‘nothing’ out of the debt limit” and would “decide what it is we can accomplish out of this debt limit fight.” He later indicated that one potential trade off could be approval of the Keystone XL pipeline.
Senate Minority Leader Mitch McConnell (R-KY) doubted that Congress would approve a clean debt ceiling hike. “I think the debt ceiling legislation is a time that brings us all together and gets the president’s attention, which with this president, particularly when it comes to reducing spending, has been a bit of a challenge,” said McConnell this week, according to Politico.
The deal reached during the government shutdown funded the government until January 15 and raised the debt ceiling to February 7. With the budget issue almost certainly out of the way, assuming the Senate passes it, the focus in Congress will be on the debt ceiling.