Barrasso: Obama wants new credit card

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Sen. John Barrasso said Sunday that Republicans are committed to holding the line on raising the debt ceiling unless President Obama agrees to significant concessions on reining in federal spending over the long term.

“What the president is asking for is a blank check and a new credit card,” Mr. Barrasso, Wyoming Republican, said on CNN’s “State of the Union.”

Rep. Chris Van Hollen, Maryland Democrat, appearing on the same program, said Democrats want to see a more “balanced approach” from the GOP on deficit reduction.

Mr. Barrasso was skeptical.

“They use the words ‘balanced approach,’ but they don’t use the words ‘balanced budget,’” Mr. Barrasso, an orthopedic surgeon, said.

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