Cardin On Debt Ceiling Deal: Disappointed On Revenues, But ‘Priorities Have Been Protected’

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July 31, 2011 4:56 p.m.

TPM caught up with Sen. Ben Cardin (D-MD) just after Senate leaders announced a deal to raise the debt ceiling limit.“I want to see the details, but obviously I think what the leader said is accurate: we’re going to be very pleased that we have a long-term solution to the debt limit and that our priorities were protected,” Cardin told TPM.

“Obviously we’re going to be disappointed about the revenue aspects, but that’s what a compromise is about,” Cardin said. “I want to withhold judgement until I see all the details, but from the way it’s been described to me, it seems like it’s a true compromise.”

Cardin said as he understands it, there will be a vote on a balanced budget amendment as part of the deal, but “no guarantee as to what happens and no consequences regardless of what happens.”

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