Dem predicts smooth debt-ceiling increase

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A high-ranking Senate Democrat predicts a smooth debt-ceiling increase in early 2014.

Sen. Charles SchumerCharles (Chuck) Ellis SchumerCan Mueller be more honest than his colleagues? Throwing some cold water on all of the Korean summit optimism House Republicans push Mulvaney, Trump to rescind Gateway funds MORE (D-N.Y.) said that Republicans "learned their lesson" with the government shutdown in October and will not play politics with raising the nation's debt ceiling.

Schumer told "Meet the Press" host David Gregory that Republicans "will back off any hostage taking ... (or) extremist" demands when the nation bumps up against the legal borrowing limit in early spring.

"I understand there’s some saber rattling" by Speaker John Boehner (R-Ohio) and Senate Minority Leader Mitch McConnell (R-Ky.) "and that’s natural," Schumer said, "but at the end of the day the president is going to hold firm," and won't negotiate.

Sen. Tom CoburnThomas (Tom) Allen CoburnPension insolvency crisis only grows as Congress sits on its hands Paul Ryan should realize that federal earmarks are the currency of cronyism Republicans in Congress shouldn't try to bring back earmarks MORE (R-Okla.) refused to predict how his party would handle the impending fiscal battle.

Coburn said on "Meet The Press" that he "can't speak for Republicans" on that matter.