Tim Pawlenty’s statement:
President Obama has run up a dangerous amount of debt since taking office, and I greatly appreciate Speaker Boehner for courageously leading the fight to stop him from running up even more. Speaker Boehner has now put forth two plans; that would be exactly two plans more than what the President has offered. The debt limit is a line in the sand where Republicans can force the tough decisions to fix our nation’s finances, and taxpayers cannot afford for us to back down now. I am for the plan that will cut spending, cap it, and pass a balanced budget amendment, but unfortunately this latest bill does not accomplish that.