Rep. Don Bacon (R-Neb.) has warned that the risk of a U.S. national debt default is a “real threat” that must be taken seriously as Republicans push for spending cuts while the White House vows not to yield to the GOP in exchange for avoiding a debt ceiling standoff.
“I think it is a real threat that both sides have to take serious,” Bacon said in a Jan. 15 interview on ABC, in which he called on both sides to negotiate in good faith.
A number of Republican lawmakers have said that they support the idea of raising the debt ceiling limit as a way to force Democrats to cut spending….