Tags: White | debt | limit | GOP

Politico's White: Major Conflict Possible on Debt Limit Hike

Tuesday, 14 Jan 2014 09:22 AM

By Dan Weil

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While congressional negotiators reached agreement on a $1 trillion spending bill Monday, the outlook isn't so bright for raising the $17 trillion debt limit, says Ben White, chief economic correspondent for Politico.

The issue will likely come up in April and May, when "many Republican members of Congress will be facing primary challenges from the right that will make it very difficult for them to support any debt limit hike that does not include significant spending cuts and possibly entitlement reforms," he writes in an article for CNBC.

Republicans may try to weaken Obamacare in debt hike negotiations too, White says.

Editor’s Note: These 38 Dates Are Key to Bagging $313,038

Many commentators assume that after suffering mightily in the polls for forcing the government shutdown in October, the GOP will shy away from conflict on the debt limit.

"But they could just as easily decide that fighting for more spending restraint in the face of the $17 trillion debt is good politics for them," he notes.

"So conditions will exist that could lead the GOP to make policy demands in return for a debt limit hike that the White House and congressional Democrats will roundly reject."

Tea partyers in Congress, who were unable to stop the bipartisan budget agreement sound eager to cut spending through the debt limit negotiations.

"There are a lot of people that would rather fight the battle of spending on the debt ceiling rather than the government funding bill," Rep. Steve Scalise, R-La., chairman of the Republican Study Committee, tells Reuters.

Editor’s Note: These 38 Dates Are Key to Bagging $313,038

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