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46 GOP sign pledge not to raise debt ceiling

Summary:
GOP still digging in…. making Democrats own it…"This debt ceiling is going to cover all of the things that all of us have been opposing," McConnell told the Journal in an interview, adding the Democrats "need to do the responsible thing and raise the debt ceiling, because America must never default on its debt."Most Senate Republicans appear to be in lockstep behind McConnell in demanding Democrats lift the debt ceiling on their own. "They own it. They control it," Sen. Bill Cassidy of Louisiana told Insider on Monday. "They got control of the White House, they got control of the Senate, they got control of the House. They don't need our help."46 Senate Republicans sign pledge circulated by Ron Johnson to not aid Democrats on debt ceiling, raising prospects of default showdown

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GOP still digging in…. making Democrats own it…


"This debt ceiling is going to cover all of the things that all of us have been opposing," McConnell told the Journal in an interview, adding the Democrats "need to do the responsible thing and raise the debt ceiling, because America must never default on its debt."

Most Senate Republicans appear to be in lockstep behind McConnell in demanding Democrats lift the debt ceiling on their own. "They own it. They control it," Sen. Bill Cassidy of Louisiana told Insider on Monday. "They got control of the White House, they got control of the Senate, they got control of the House. They don't need our help."




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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