House Republicans to vote on three-month debt ceiling increase

WILLIAMSBURG, Va.-- Under a bill to be considered next week, House Republicans will propose raising the debt ceiling for three months -- long enough, they say, to give both chambers time to pass a budget. The measure will provide that if either the Senate or the House fails to adopt a budget by April 15, members of Congress would not be paid.

“This is the first step to get on the right track, reduce our deficit and get focused on creating better living conditions for our families and children. It’s time to come together and get to work,” said House Majority Leader Eric Cantor (R-Va.), in a statement outlining the plan.

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Aaron Blake | January 18, 2013