Henes: The Debt Ceiling Debate is About the Future Role of Government
July 18, 2011 at 10:26 AM EDT
The Administration and many Republicans say they want big cuts - a "grand bargain" of up to $4 trillion. The Administration wants the cuts to be coupled with taxes. The Republicans will not vote in favor of raising the debt ceiling if taxes are included. And, this is the ideological divide. Will either side blink?