By Bernie Becker - 09/25/13 07:09 PM EDT
“Make no mistake: we do not support default by the U.S. government on its obligations and promises,” the 11 Republicans wrote.
Sens. John CornynJohn CornynThe Hill's 12:30 Report Top Republican questions Lynch on Clinton Foundation probe Baby dies of Zika in Texas MORE (Texas) and John ThuneJohn ThuneApple, Google enlisted for FCC robocall effort Fidelity denies lobbying for student loan tax break Republicans see fresh chance to overhaul telecom law MORE (S.D.), both members of GOP leadership, also sit on Finance, as does a former chairman of the panel, Sen. Chuck GrassleyChuck GrassleyGrassley: Mylan not going far enough with EpiPen discounts Five things to know about the Clinton Foundation and its donors Clinton calls for EpiPen maker to lower price MORE.
Lawmakers are currently focused on next week’s deadline for government funding, leaving some worried that the debt ceiling is so far getting short shrift.
The 2011 debt limit deal pushed the issue back past the 2012 election, and there’s no reason to believe the White House isn’t interested in taking the ceiling off the table until after next year’s midterms.
In a letter of his own on Wednesday, Lew told House Speaker John BoehnerJohn BoehnerNew Trump campaign boss took shots at Ryan on radio show Election reveals Paul Ryan to be worst speaker in U.S. history Getting rid of ObamaCare means getting rid of Hillary MORE (R-Ohio) said that the 2011 fight, which led to an unprecedented downgrade of the U.S.’s credit, caused the sort of harm to the country’s economy that shouldn’t be repeated.
"Raising the debt limit is Congress’s responsibility because Congress, and Congress alone, is empowered to set the maximum amount the government can borrow to meet its financial obligations," Lew said last week.
But House Republicans are on the verge of rolling out a vast wish list in exchange for raising the debt ceiling, including a one-year delay of the healthcare law and some Medicare and Medicaid changes.