Submitted by: Lady Byrd
Senate Majority leader Harry Reid (D-NV), in the wake of Barack Obama’s re-election, is not only seeking to change the rules regarding filibustering, but also said on Wednesday that the Senate will raise the debt ceiling another $2.4 trillion to $18.794 trillion with his new budget proposal!
Senator Reid was asked at a Capitol Hill press conference on Wednesday if he was prepared to support increasing the debt ceiling which we are about to hit by year’s end.
“I think the debt ceiling will come after the first of the year,” Reid said. “But please everyone accept this: They tried it before—they, the Republicans
“They tried it before – ‘We’re going to shut down the government, and we’re not going to raise the debt ceiling,’” Reid said. “If they want to go through that again, fine.”
When asked if he supported a $2.4 trillion increase toe the debt ceiling he said, “If it has to be raised, we’ll raise it.
But Reid is not alone in a desire to raise the debt ceiling. House Speaker John Boehner also plans to raise the debt ceiling. Politico reports,
