Take our poll: Do Republicans have all the leverage in upcoming ‘debt ceiling showdown’ with Obama?

Former Indiana Congressman and Washington-based Club for Growth President Chris Chocola is convinced Republicans have all the leverage in the next round of economic “talks” with President Obama. In an exclusive interview with Newsmax TV,  Chocola said, “if they’re willing to use it,” the GOP has plenty of power (see highlights below).

Some pundits disagree. In his recent post, Obama thumbs nose at Congressional authority to raise debt ceiling,  BizPac Review writer Michael Dorstewitz said “from this point forward, he (Obama) plans to raise the debt ceiling at will and under his own authority.”  Dorstewitz referred to the defiant comment that the president made just after the dramatic “fiscal cliff” vote in Congress this week.

“One last point I want to make,” said the president. “I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills, they have already racked up through the laws they have passed.”

We want to know what you think.

[poll id="23"]

“At some point we have to be serious about this,” Chocola tells Newsmax. “At some point, Republicans have to do what Republicans say they have to do — and they have to stand up for limited government, spending restraint, and fiscal responsibility. “This is an opportunity they have. They have all of the leverage in the world on their side if they’re willing to use it,” he added. “They have a simple message — and they have public opinion that’s sympathetic. This will be a real test to whether Republicans can do something constructive and put this country back on the path of fiscal solvency.”

“There’s a real lack of political will from both parties. I always say that I have a morbid respect for Nancy Pelosi and the healthcare bill. She knew that it put her majority at risk. But it’s something that she believed in for 40 years. She found a way to get it through the House — and it’s a law today, even though she lost her majority in the process.

“Republicans have to find a way to take the risk of leadership, stand up for the things they believe in, and be willing to suffer the consequences,” Chocola said. “I don’t think they will. The American people would be on their side if they could finally find a way to deliver a clear, consistent, and convincing fiscal conservative message. The majority of Americans are still on their side on fiscal issues, if they can find a way to talk to them in an appealing way.

“This is an opportunity that they need to take. They haven’t taken any recently that have resulted in good policy. But this is one more chance and it’s the best chance they’re going to have, and we’ll see if they’re up to the task.”

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About Michele Kirk

Michele Kirk is a writer, editor, and field reporter for BizPac Review. Michele can be reached at michele@bizpacreview.com & @michelekirkbpr

  • KB Cook

    Fresh into the new year, it will be somewhat incumbent upon the Republicans to make a good start, but whether they can overrule a defiant dictator-in-chief is yet to be seen. The best we can hope for is that the Republicans in the house hear from their constituents and do the will of their home-boys/girls to start the year off right.

  • https://twitter.com/MikeBPR Michael Dorstewitz

    Obama will either pill the 14th Amendment "nuclear option or an trillion dollar coin trick and avoid the debate altogether.

    If he opts for the former, it will be the beginning of a constitutional crisis we haven't seen since the Civil War.

    If he pulls the later, it will be the start of worldwide hyper-inflation.

  • Rich

    It doesn't look good folks. All the chickens have come home to roost. There is no accountability in DC and no sense of duty for the future generations of our country. If there was we wouldn't be in this position.

  • Nit the wit

    Republicans, you mean Republicrats, after the truth came out about Romney's true presidential aspirations, because of the continued caving by Obama's lapdog Boehner, and the failure of the liberal addled McConnell to launch any real obstruction to Harry Reid, how can any cognitive individual with a modicum of selfrespect, still claim to be a Republican without blushing or a sense of shame ?

  • Linda Hoskinson

    What about Sec 4 of the 14th Amendment? Have Been Reading up on that but still confused as to how much power Obama would have under this amendment.

  • RUSerious

    Republicans don't even have the courage of their own convictions, they vote to spend money then vote not to pay their bills, un-American, un-Patriotic and Dumb!

  • http://Bizpac Ted

    There is no leverage on the debt ceiling. It is just paying bills already agreed to. You pay your house payment and your light bill. Do you have a debate on wherher to pay those every month? The subject for the GOP is a self baited trap. The only losers politically will be the GOP. Whatever problems the debate and its results cause for the country,l the GOP will be seen as the heavy. I think there should be no debt ceiling debate, because there really isn't one. Silly.