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GOP Backs Off Fight on Debt Limit

Wall Street Journal Original article ›

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This article provides exceptionally detailed and useful graphs showing how much the debt limit was increased each year since 1993 and how Republicans and Democrats in Congress voted to support the increase each year. As Rep. Steny Hoyer pointed out in Congress both Democrat and Republican presidents have increased the debt limit to the point where U.S. debt is $17.3 trillion in 2014. Marking a change in strategy Republican leaders Boehner and Darrell Issa voted in Jan 2014 in favor of stand alone debt limit increase to March 16, 2015, with almost all Democrats supporting it. Republicans added spending limit and other conditions to debt limit increases in previous years leading to a standoff with the Obama administration and recurring crisis talks with last minute deals. Strategy has now shifted for the Republican leadership to focus on the goal of winning the Senate to control both houses of Congress and preparing to elect a Republican president in 2016.

Republican leaders change strategy in 2014 to avoid debt limit increase confrontation and focus on winning both houses of Congress and then the presidency in 2016

02/11/2014

Grouped Articles

GOP Backs Off Fight on Debt Limit

Wall Street Journal 02/12/2014

House Approves Higher Debt Limit Without Condition

New York Times 02/11/2014


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