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The clock is ticking on America’s debt.
“You cannot spend yourself into oblivion like this country’s been doing,” Rep. Ralph Norman, R-S.C., says, adding that Republicans are “going to tackle it head-on.”
America has reached its current debt ceiling of $31.4 trillion, and Treasury’s extraordinary measures will likely be able to extend current federal spending levels until June.
Republicans say they won’t raise the debt ceiling until there is a cut in federal spending.
Norman joins “The Daily Signal Podcast” at the annual Conservative Political Action Conference just outside Washington, D.C., to explain how Republicans intend to cut spending and restore fiscal responsibility in America.
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Republicans will raise it. you can book that along with the sun rising in the east. big spenders hold the cards there because we can’t let a default happen and the media will immediately become champions of raising the debt ceiling with no cuts; Republicans are just meanie hostage takers who want to kill grandma’s social security they will say