Time to go in for the kill.
(CNSNews.com) — House Democratic leaders say they will support a debt-ceiling deal that does not include new tax revenue — a longstanding demand — as long as the debt ceiling is raised in one step, and by enough to see the nation through the 2012 elections.
Speaking to reporters at the Capitol Wednesday, House Democratic Caucus chairman John Larson (D-Conn.) said Democrats would not accept a short-term increase in the debt ceiling, even if their demand for higher taxes is met.
“I think that the dark cloud of uncertainty with the debt ceiling still hanging over everyone’s head, what our caucus is adamantly clear on — and you heard Jim Clyburn say this, and what we’re recommending to the President — if by chance the Republicans come up with the votes on their own, and there is a short-term deal that goes to the President’s desk, he has said he’ll veto that.”
Earlier, Larson called on President Obama to veto any short-term increase in the debt ceiling.