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National Journal

House Republicans Map Out Strategy for Debt-Ceiling Battle

By Nancy Cook

January 31, 2013

 

When House Republicans return from recess next week, one of their top priorities will be charting out the next fiscal battle -- the debt ceiling.

 

Tea party members view this as a key time to extract serious cuts to entitlement programs from President Obama and the Democrats. “This is going to be where the rubber meets the road,” Rep. Tim Huelskamp, R-Kan., said before Congress left Washington roughly two weeks ago.

 

The trick for the Republican caucus will be holding together its members; maintaining some leverage over the negotiations; and simultaneously, not allowing the party reputation to be damaged by any fiscal brinksmanship, or by failing to raise the debt ceiling and defaulting on the nation's debt.

 

While the appetite seems low for a massive showdown like the debt-ceiling fight of the summer of 2011, particularly as the Republican Party does some soul-searching on how to best present itself on fiscal and economic issues, House Republicans have continued their aggressive rhetoric. Extracting “dollar-for-dollar [spending cuts] is the plan,” House Speaker John Boehner told reporters just before recess. Huelskamp is quick to say that he and his fellow tea party members want a debt-ceiling compromise to include cuts in funding or major structural changes to Medicare, Medicaid, the Affordable Care Act, and food stamps.

 

Indeed, House Republicans are approaching the debt ceiling with a renewed measure of confidence. They think the White House botched the sequester negotiations by painting the across-the-board spending cuts as dire economic bombshells that would hit in early March. So far, the cuts have not caused any major economic damage, though forecasters have always predicted that the full weight of the cuts would not be evident until July or August.

 

"The hyperbole surrounding the sequester and the way the White House played it out was surprising to me. Their ability to lead right now is really diminished," Rep. Peter Roskam, R-Ill., told National Journal Daily…

 

Read the rest of the article at The National Journal



 
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