GOP Holds Debt Ceiling Vote Hostage

Many Republicans are using the debt ceiling as a bargaining chip to extract draconian spending cuts, including slashing Social Security, health care and other safety net programs. Despite pleas from across the political spectrum to stave off financial collapse by raising the debt ceiling, numerous Republicans are demanding major concessions: including Speaker John Boehner (R-OH), House Majority Leader Eric Cantor (R-VA), Senate Minority Leader Mitch McConnell (R-KY), Sen. Orrin Hatch (R-UT), Sen. Mike Lee (R-UT), and Rep. Mike Pence (R-IN).

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