Saturday, July 09, 2011

Republican Presidential Candidates Oppose Any Debt Compromise

DES MOINES — Even as Republican Congressional leaders press ahead in high-stakes budget negotiations with President Obama, the party’s presidential candidates are campaigning against any outcome that smacks of compromise, underscoring divisions in the party over whether to raise the federal debt limit.

Representative Michele Bachmann of Minnesota seized on the issue last week to introduce herself to voters in the first television commercial of her presidential campaign. Regardless of what type of agreement is reached, Mrs. Bachmann declared in the ad: “I will not vote to increase the debt ceiling.”

Former Gov. Tim Pawlenty of Minnesota, who was critical of the deal brokered this year between Mr. Obama and Speaker John A. Boehner that averted a government shutdown, said he was not convinced of the dire consequences predicted by Democrats if no deal was reached and the government lost its authority to borrow on Aug. 2.

“I hope and pray and believe they should not raise the debt ceiling,” Mr. Pawlenty told voters here last week. “These historic, dramatic moments where you can draw a line in the sand and force politicians to actually do something bold and courageous are important moments.”
Read the rest here.

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