Posted by | May 19, 2012 12:56 | Filed under: Top Stories

Their positions on the debt limit, for example, cause economic anxiety which is bad for markets (via Political Wire).

The latest Democratic complaint came after House Speaker John Boehner said Tuesday that when Congress raises the nation’s borrowing cap in early 2013, he will again insist on big spending cuts to offset the increase. Boehner, R-Ohio, continues to reject higher tax rates, which Democrats demand from the wealthy.

That led Sen. Chuck Schumer, D-N.Y., to say Boehner is virtually assuring another debt-ceiling crisis as bad or worse than the one that shook financial markets nine months ago.

By: Alan

Alan Colmes is the publisher of Liberaland.