The Super Majority

Republicans Balk at Obama’s Debt-Cutting Commission

The Obama administration’s bid to make a bipartisan debt-reduction commission the centerpiece of its budget plans received a serious blow Wednesday when leading Republicans blasted the idea.

Underscoring the problem, the Senate is poised to vote to raise the national debt ceiling by $1.9 trillion, just weeks after a $290 billion increase at the end of 2009. The debt currently stands at $12.322 trillion.

Less than a day after congressional Democrats and the White House reached a tentative deal to use an executive order that would establish a bipartisan commission to tackle the problem, the effort appeared to be on life support.

Read the full article at the Wall Street Journal