Debt Celling Fight : Where's The Budget??

Raising the debt again - where's the budget for this year? Why hasn't our great leader produced a budget for the last three years?

(National Center for Policy Analysis)
Debt ceiling. A separate but related issue is the House GOP strategy to increase the debt limit. Some historical context is useful: The August 2011 deal to increase the debt limit resulted in dollar-for-dollar budget cuts that were supposed to be carried out by a so-called super committee, the failure of which resulted in the automatic budget sequester cuts currently enforced. This time around, Republicans remain loathe to raise the debt limit without corresponding spending cuts. This has been dubbed the "Boehner Rule" because of the Speaker's insistence on cutting the budget in exchange for raising the debt limit. Look for Congress to act on this as soon as next week.