In it, but not of it. TPM DC

Eric Cantor: S&P Rating Hit A "Wake Up Call" For Debt Ceiling Vote


Update: Rep. Peter Welch (D-VT) released a joint demand from 114 House Democrats that the House hold a "clean" debt limit vote and claimed the S&P rating bolstered their argument.

"America pays its bills," Welch said in a statement. "I hope Majority Leader Cantor and those in Congress seizing upon debt ceiling pressure as a 'leverage opportunity' are listening to the markets today and thinking twice about their risky strategy.