Republicans Will Raise Debt Ceiling
January 19, 2013
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2:22Now PlayingRepublicans Will Raise Debt Ceiling
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as posted by the channel"Senate Minority Whip John Cornyn (R-Texas) said Thursday that Congress will raise the debt ceiling, making him the latest in a series of top-level Republicans who have stepped back from the threatened debt ceiling standoff.
"We will raise the debt ceiling. We're not going to default on our debt," Cornyn told the Houston Chronicle editorial board. "I will tell you unequivocally, we're not going to default."*
Republicans have relented on vows to not raise the debt ceiling or demand concessions, finally saying they will give in. Does this signal a change in Obama's negotiation skills and second term? John Iadarola, Jimmy Dore, and Cara Santa Maria discuss.
*Read more from Luke Johnson/ Huffington Post:
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