“Once again, Republican leadership is negotiating with itself to temporarily bail the big spenders out by lifting the U.S. debt limit for four months, with no immediate accompanying budget reforms or spending reductions,” FreedomWorks Legislative Counsel Dean Clancy said in a statement. “Our government is almost $16.5 trillion in debt. That exceeds the entire annual output of the U.S. economy and equals more than $52,000 for every citizen. If that’s not scary enough, those numbers don’t include the more than $100 trillion in unfunded entitlement promises. If this pattern continues, the major credit agencies have threatened once again to downgrade our nation’s credit. This will make paying down the debt even more difficult. And amid all of this, House leadership wants to raise the debt ceiling clean? Get serious, guys. Do your jobs.”
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.