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JUN 11, 2014 - Business Insider

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ANALYST: Get Ready For Another Brutal Debt Ceiling Fight After Eric Cantor's Loss

House Majority Leader Eric Cantor's stunning loss Tuesday night to Tea Party-aligned challenger Dave Brat figures to embolden grassroots conservatives on multiple fronts. Deal-making is out. Immigration reform is dead, at least this year. And it could mean an "ugly" fight over raising the nation's debt ceiling when it comes up again next spring, analyst Greg Valliere said Wednesday.  "Forget about any other deal-making; an ugly, market-rattling debt ceiling fight now looms in March of 2015," Valliere said in a research note. Cantor's loss throws everything out ... Read More

Tags: ANALYST: Get Ready For Another Brutal Debt Ceiling Fight After Eric Cantor's Loss,  Debt Ceiling Latest News