Rep. Wolf threatens to vote against debt ceiling increase

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Virginia Rep. Frank Wolf threatened Thursday to oppose raising the country’s $14.3 trillion debt limit, becoming one of the first members of Congress to draw a line in the sand over the looming vote.

The Republican congressman declared on the House floor that he would vote “no” on the measure — unless it’s tied to balancing the budget.

“When Congress is asked to increase the statutory debt limit, which will likely happen in the next few months, I will vote no, unless, and let me be completely clear here, there is a firm commitment to deal with the larger issue or the vote itself is tied to a plan to put America on a path to financial responsibility,” Wolf said.

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