With all of the information that is available, the public remains confused. It may have to do with the sources of their information, but the latest polling data says that 47% of Americans say their greater concern is that raising the debt limit would lead to higher government spending and make the national debt bigger, while 42% say their greater concern is that not raising the limit would force the government into default and hurt the economy. Additionally, 74% of Republicans and GOP leaning independents who agree with the tea party faction of the party say their bigger concern is that raising the debt limit would result in more spending, compared to 58% of those who do not agree with the faction.
At a recent press conference Boehner said, “I agree with the president we cannot allow our nation to default on our debt.” He added, “But to prevent a default, a bill must pass the Congress.” For that to happen, “the bill must include spending cuts in excess of the increase in the debt ceiling.” He faced a similar challenge in April with the government shut-down threat. He also faces factional opposition within the Republican House majority and its fame-seekers, like Representatives Cantor and Ryan.
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Article first published as History and Consequences on Blogcritics.