PELLA, Iowa — The presidential candidates aren't the only Republicans divided about letting the government borrow even more money to pay its bills. So, too, are the voters they're courting.
Fiscal hard-liners in early voting states say the issue is a major test for any would-be challenger to President Barack Obama, a Democrat. They're refusing to consider backing someone who leaves open the door to raising the debt ceiling.
As Len Gosselink, an Iowa Republican, put it after listening to former U.S. House Speaker Newt Gingrich last week: "It's unthinkable in my mind to support a candidate who would allow it."
Others say the borrowing limit must rise as part of a broader deficit-reduction strategy that includes other actions such as a balanced budget amendment. They're betting that by next winter, when the Iowa caucuses begin the 2012 nominating race, the summer debate over the credit limit will have faded.
http://www.huffingtonpost.com/2011/07/16/debt-ceiling-deficit-limit_n_900617.html