By a vote of 218 to 210, the House of Representatives has passed the version of debt ceiling legislation promoted by Republican Speaker of the House John Boehner.Twenty-two Republican members voted against the bill, along with every Democrat who was present.
And now it can fail the Senate. Thanks, Boehnhead.
Most House Republicans will not swallow Senate Majority Leader Harry Reid's (D-NV) proposal without some significant changes. Their biggest problem with the bill is its raising of the debt ceiling that carries the country into 2013 without a vote. Setting that aside, both proposals are actually very similar in that they don't include any revenues or tax increases and would produce roughly $1 trillion over the next decade with a plan for $1.5 trillion more in cuts hashed out by a bipartisan debt committee.
Do you want the Republican plan or the Republican plan? We’re offering both. Cuts only. Thanks, Boneheads.
No comments:
Post a Comment
Comments are moderated. There may be some delay before your comment is published. It all depends on how much time M has in the day. But please comment!