Tagged: debt ceiling

Republican Congressman Thomas Massie of Kentucky says he isn’t sure he can support a plan to raise the nation’s debt ceiling until May, even though his party’s leaders are backing the idea.

Massie was among a group of GOP lawmakers who participated in a press conference in Washington today called “Conversations With Conservatives.”

Sen. Rand Paul plans to introduce legislation that would prevent the federal  government from defaulting if it fails to raise the debt ceiling. 

President Barack Obama and Congress are once again tussling over increasing the nation’s debt limit. The president says he won’t negotiate the issue, while the GOP wants to tie any change to spending cuts.

If an agreement isn't reached, the U.S. will be unable to pay its bills. Paul says his legislation will force the president pay debt interest, entitlements and the military before using remaining funds.