Sen. Bob Corker (R-TN) says that his party should agree to raise taxes on the wealthy before January because Republicans can force cuts to earned benefits like Medicare and Social Security next year by holding the debt ceiling hostage....
￼“The shift to focus in entitlements is where we need to go,” the Tennessee Republican added. “And again, it’s a shame that we’re not just sitting down and solving this, but Republicans know that they have the debt ceiling that’s coming up right around the corner and the leverage is going to shift as soon as we get beyond this issue.”
Corker pointed out that Republicans could use the debt ceiling to “do the same thing we did last time.”“If the president wants to raise the debt limit by $2 trillion, we get $2 trillion in spending reductions. And hopefully this time it’s mostly oriented towards entitlements,” he insisted.The Raw Story
Sen. Corker: Debt ceiling is Republican ‘leverage’ to cut ‘entitlements’