GOP Rep. Ted Yoho: ‘Constitutionally, We Cannot Default’

|
October 10, 2013 2:40 p.m.

Rep. Ted Yoho (R-FL) defended his stance that the U.S. will not default if the debt ceiling is not raised on CNN’s ‘The Situation Room’ Thursday.

“You know, constitutionally, we cannot default.” Yoho said. “If we as a nation, as legislators, address this condition of overspending and if we address that and we say to the rest of the world … I think the rest of the market would breathe a sigh of relief.”

Rep. Xavier Becerra (D-CA), who also appeared on the show, challenged Yoho, saying that a small group of Republicans are keeping America from paying its bills.

“We are watching this family feud among Republicans, between the right and the far right, about what to do and it’s hurting Americans,” Becerra said.

Yoho refuted Becerra’s claim and called his remarks “disingenuous.”

“We’re going to pay the bills, going to pay our veterans, going to pay that, so to say that is being disingenuous,” Yoho said to Becerra.

When anchor Wolf Blitzer asked Yoho if he would support a bill that would raise the debt ceiling for six weeks, Yoho said he remained undecided.

“I would have to look, see what else is in that. I can’t answer that until I see what’s in that,” he said. “To borrow money in this government with people that have been here since 1993, what you’re looking at is giving an open credit card to people.”

Introducing
The TPM Journalism Fund: A New Way To Support TPM
We're launching the TPM Journalism Fund as an additional way for readers and members to support TPM. Every dollar contributed goes toward:
  • -Hiring More Journalists
  • -Providing free memberships to those who cannot afford them
  • -Supporting independent, non-corporate journalism
Are you experiencing financial hardship?
Apply for a free community-supported membership
Comments
advertisement
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Senior Editor:
Special Projects Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front-End Developer:
Senior Designer:
SPECIAL DEAL FOR PAST TPM MEMBERS
40% OFF AN ANNUAL PRIME MEMBERSHIP
REJOIN FOR JUST $30