House Conservatives Split Over Debt Ceiling
- Some Freedom Caucus members say the debt limit will be raised
- Others still demand spending cuts in exchange for debt bill
Showdown Looms Over `Clean' Debt Ceiling Hike
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House conservatives are split over how to approach the upcoming debate over the nation’s debt limit, with some resigned to raising it with little drama and others gearing up for a standoff over federal spending levels that could result in an unprecedented default.
David Schweikert, a member of the conservative House Freedom Caucus, says he doesn’t want to risk a showdown that analysts warn could shake markets and faith in the credit-worthiness of the U.S. The Arizona Republican, who sits on the House Ways and Means Committee, said he believes a clean debt limit hike can "absolutely" pass Congress and that he could see himself voting for such a measure.