Durbin opposes short-term extension of debt-ceiling
Democratic Sen. Dick Durbin of Ill. has announced that he wants to extend the debt ceiling until after the 2012 election. He says Republican House Speaker John Boehner’s plan to raise the ceiling as budget cuts are made would do nothing to help the economy, and won’t keep credit agencies from downgrading the nation’s debt. Rather, he says it would lead to higher interest rates.
New conservative ad campaign targets Mo. Sen. McCaskill, among others