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Thursday, January 27, 2011

Rep. Wolf Threatens to Vote Against Debt Ceiling Increase




Rep. Frank Wolf speaks during a news conference on Capitol Hill Jan. 18.

Virginia Rep. Frank Wolf threatened Thursday to oppose raising the country's $14.3 trillion debt limit, becoming one of the first members of Congress to draw a line in the sand over the looming vote.

The Republican congressman declared on the House floor that he would vote "no" on the measure -- unless it's tied to balancing the budget.


"When Congress is asked to increase the statutory debt limit, which will likely happen in the next few months, I will vote no, unless, and let me be completely clear here, there is a firm commitment to deal with the larger issue or the vote itself is tied to a plan to put America on a path to financial responsibility," Wolf said.

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