Why Obama Won’t Negotiate Over Debt Ceiling

Greg Sargent, Wash Post
So here’s the latest on the fiscal cliff talks: Republicans have edged closer to yielding on middle class taxes — but they may now swing the gun in the direction of a new hostage, i.e., the debt ceiling.The New York Times reports that Republican leaders, running low on options, may buckle and agree to extend just the middle class tax cuts. Then, in January, they will resume the fight to get the deep entitlement cuts they want by refusing to raise the debt ceiling again:

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