{"id":4436,"date":"2011-07-05T07:45:53","date_gmt":"2011-07-05T11:45:53","guid":{"rendered":"http:\/\/blogs.northcountrypublicradio.org\/inbox\/?p=4436"},"modified":"2011-08-09T15:13:57","modified_gmt":"2011-08-09T19:13:57","slug":"morning-read-gibson-on-raising-the-debt-limit","status":"publish","type":"post","link":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/2011\/07\/05\/morning-read-gibson-on-raising-the-debt-limit\/","title":{"rendered":"Morning read: Gibson on raising the debt limit"},"content":{"rendered":"<p>Republican Representative Chris Gibson is among House Republicans holding out for more spending cuts as the back and forth over raising the national debt limit continues.<\/p>\n<p>The Albany Times Union&#8217;s Jimmy Vielkind <a href=\"http:\/\/blog.timesunion.com\/capitol\/archives\/73661\/gibson-we-have-to-cut-spending-first\/\">blogs<\/a> that Gibson is still hopeful there&#8217;ll be an agreement.<\/p>\n<p>Gibson offers some ideas for budget cuts, and downplays the threat of a government shutdown.<\/p>\n<blockquote><p>\u201cWhat you\u2019re talking about here is, without the authorization to  borrow, the government can only spend about 60 cents on the dollar until  an agreement is reached. So you\u2019re not talking about a full government  shutdown. Now, we\u2019re in a situation where we would have to find a way to  make do on 60 cents on the dollar. So I think this is the time and this  is the moment to really work out the deal to get us back to where we  should be.\u201d<\/p><\/blockquote>\n<p>Lawmakers are under a four week deadline to increase the government&#8217;s borrowing power to avoid a default.<\/p>\n<p>House Republicans want spending cuts to match the increase in the debt ceiling.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republican Representative Chris Gibson is among House Republicans holding out for more spending cuts as [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[10,20],"_links":{"self":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/4436"}],"collection":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/comments?post=4436"}],"version-history":[{"count":0,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/4436\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/media?parent=4436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/categories?post=4436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/tags?post=4436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}