The Ceiling Debt(2011)

Today on May 31, 2011 The House rejects the debt ceiling increase.  It was a majority vote of 318 declining the increase and 97 accepting the increase.  Both parties of the house had different opinions.  The GOP said the ceiling can't be raised without cuts.  Democrats warn that the Republicans risk rattling financial markets.  With this increase it would have raised the federal government's debt limit by approximately $2.4 trillion.
 In this photo you have

House Speaker John Boehner, R-Ohio speaking to the Economic Club of New York earlier this month, demanding spending cuts.  One thing Boehner declared was that the overall size of any spending cuts has to exceed the magnitude of any debt-ceiling increase.

Now in this video you have Jay Carney, the White House Press Secretary, who speaks about how the debt ceiling needs to be raised.  I'm just not goin to just support the Republicans because I support them but because the have a good reason on why this should not be raised.  If your going to try and raise this then you need to make budget cuts.