Texas Senator John Cornyn, the Republican whip, says Congress won’t allow the United States to default on its debts.
“We will raise the debt ceiling. We’re not going to default on our debt,” Cornyn told the Houston Chronicle editorial board.
Cornyn’s fellow Republicans, particularly in the House, have been trying to use the issue of the debt ceiling to force President Obama to agree to spending cuts.
Obama has said he will not negotiate on the debt ceiling. He has insisted that if Congress refuses to raise the debt limit, the nation will default on its spending obligations, including veterans benefits and Social Security payments.
“I will tell you unequivocally, we’re not going to default,” Cornyn said Thursday.