Cruz: ‘Everyone Agrees That The Debt Ceiling Is Going to be Raised’

by Katrina Trinko

The next expected fight between Republicans and Democrats is the debt-ceiling hike, but according to Senator Ted Cruz (R., Texas), the only matter of contention is what policy bargains Republicans get in exchange for the debt-ceiling hike, not whether the ceiling itself is raised or not.

“Everyone agrees that the debt ceiling is going to be raised,” Cruz told CNBC’s Larry Kudlow in an interview tonight.

“The question,” he continued, “is whether Harry Reid and the president will maintain the same negotiating position they have on the continuing resolution, which is we will bargain for nothing, give us 100 percent of what we want or we will threaten a default.”