"Now I'm prepared to do that. I voted for the last debt ceiling increase," Cole added. "But it was a negotiated deal, which lowerd the long-term deficit by over $2 trillion. I think that's the model, and it's one the president participated in. But he's now unilaterally decided that he never wants to do that again. It's a power grab on his part."
As PolitiFact has reported, Obama has since said that he regrets his 2006 vote against raising the debt ceiling. The White House has pledged not to negotiate this time on lifting the debt limit, which will be reached in mid-October.