Sen. Jim DeMint (R-SC) talks with the Heritage Foundation about his opposition to the plan being developed by Senate Minority Leader Mitch McConnell (R-Ky.) and Senate Majority Leader Harry Reid (D-Nev.), calling it “a cover-up” to make it “easier for the president to raise the debt limit without any real accountability.”

The danger, according to DeMint is that the spending will continue “until we bankrupt the country.”