Portman: Debt Deal Gives GOP More Leverage In Next Budget Deal
The government shutdown is over and lawmakers agreed to raise the countryâs debt limit, that is, of course until January 15th. Republican U.S. Senator Rob Portman is now looking towards future negotiations. In a conference call with reporters, Portman called this weekâs deal a âmixed bagâ?. He was happy the country didnât default on it debts and the government was back in business, and that thereâs a new provision to verify income levels for people applying for the Affordable Care Act. But he says the agreement does nothing to address the nationâs long-term debt. Next time around, Portman says he thinks Republicans will have more leverage. The GOP could exchange lifting parts of sequestration, for cuts on mandatory programs like Social Security and Obamacare. âWill it be a grand bargain? Probably not. Can it be a bargain thatâs good for the American people? Yes,â? says Portman. As for repealing Obamacare, Portman says thatâs not going to happen, unless Republicans can win the majority of the Senate in next yearâs election.