Tags: Debt Showdown | Presidential Politics

Conservatives Warn 2012 Field on Debt Deal

Tuesday, 02 Aug 2011 06:41 AM

EXETER, N.H. (AP) — Conservative groups are warning of lasting political consequences as presidential candidates outline conflicting positions on the debt-ceiling compromise.

Some liken the political impact of the high-stakes fight over the nation's borrowing limit to the debate that preceded the invasion of Iraq. And interest groups promise that presidential candidates' positions will be remembered in the coming months.

As Congress works to avert a fiscal crisis, the political ramifications in the presidential field may be greatest for Mitt Romney and Jon Huntsman.

Romney, the former Massachusetts governor, opposes the compromise deal because it opens the door to military cuts and doesn't include a mandatory balanced-budget amendment to the Constitution.

Huntsman is the only Republican candidate to support the deal, which is backed by President Barack Obama and congressional leaders from both parties.

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