https://hotair.com/headlines/archives/2013/01/14/hey-maybe-boehner-should-offer-to-cancel-the-debt-ceiling-2/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 15:29:31 -0400<![CDATA[Congress has plenty of incentives to make a deal on spending. Taxes have already been increased and Republicans are eager to even the score. The sequestration-induced spending cuts coming on March 1 should provide more than enough impetus for Congress and the president to agree to something, even if it’s only a plan to undertake serious tax reform and a comprehensive evaluation of all government spending. By removing an option that we should never rationally use, we can immediately accomplish an often-cited Republican goal — reducing global uncertainty — and likely restore our triple-A credit rating. The Bipartisan Policy Center has estimated that the dillydallying about the debt ceiling last time, which ticked up interest rates, will end up costing more than $18.9 billion over 10 years, about the same amount as the recent Medicare “doc fix, ” which blocks cuts to doctor reimbursement rates.]]>Mon, 14 Jan 2013 10:30:03 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2013/01/14/hey-maybe-boehner-should-offer-to-cancel-the-debt-ceiling-2-n99210