AP - Republican front-runner Mitt Romney says he would have supported a plan by congressional Republicans to cut spending and force a vote on a federal balanced budget amendment to address the nation's debt crisis.
Congressional Republicans don’t want any more deficit spending–unless it’s deficit spending done through the tax code. They think they can play a good game of “chicken” when it comes to the statutory debt ceiling by refusing to raise it, as discussed in this AP story by Douglass Daniel (emphasis added):
GOLAN HEIGHTS — In a renewed attempt to force President Barack Obama's hand on the debt limit, Kentucky Republican Sen. Rand Paul is pushing legislation that would ban federal spending on anything but interest payments on the national debt, Social Security checks, and military salaries.
Although he had a portfolio of potentially controversial business interests, former Florida Gov. Jeb Bush (R) apparently does not want to have the same political brand as 2012 Republican presidential nominee Mitt Romney.
A short-term debt deal won't end fierce dynamics that killed past bids for a bigger accord WASHINGTON (AP) — Hold the champagne. Even if Congress reaches a last-minute or deadline-busting deal to avert a federal default and fully reopen the government, elected officials are likely to return to their grinding brand of brinkmanship — perhaps repeatedly.
The latest debate among candidates for the GOP Presidential nomination was held on September 12 in Tampa, Florida. The news headlines are focusing on how the rest of the field hammered Rick Perry like a pi??ata, trying to bleed support from the clear front-runner. But I want to focus on the lengthy health-care segment of the debate, which moderator Wolf Blitzer did a good job with. Though there were a few bright spots, there were more moments of disappointment. Mitt Romney embodied both, while Michele Bachmann was merely the latter.
Back on 3 February 2011, a number of Republican party members in the U.S. Senate introduced Senate Joint Resolution 5, which proposes to amend the U.S. Constitution to require the U.S. Congress to balance the annual budget of the U.S. federal government. The resolution has since been signed on to by all the Republican members of the U.S. Senate.