In the coming days, President Obama will ask Congress for a $1.2 trillion extension of the debt ceiling – just five months after the last hike.
Rep. Joe Wilson (R-S.C.) was one of a few House Republicans to vote against the final version and the Boehner plan that triggered the compromise. He offers his reaction to the new request and explains why last year’s “Cut, Cap and Balance” is a better approach.
And while Congress is largely powerless to block debt ceiling increases before Election Day, he also embraces the idea of refusing future hikes and letting the government survive on revenues alone.
Listen to the interview: