Republicans are weighing a new fight with President Barack Obama over the need to lift America’s borrowing limit early next year, raising concerns that the fiscal truce established in last week’s bipartisan budget deal may be shortlived.
Paul Ryan, Republican chairman of the House budget committee, said yesterday that members of his party in Congress would meet in January to discuss what concessions they would seek from the White House in exchange for lifting the country’s debt ceiling.
“We don’t want nothing out of this debt limit. We’re going to decide what it is we’re going to accomplish out of this debt limit fight,” Mr Ryan told Fox News.
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