Dusty
07-22-2011, 10:34
Bad news is, they killed the plan.
Good news-less than 48% voted against it; after Reid called it the "worst" piece of legislation to ever hit the Senate. :D
http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and-balance-plan-proposed-by-house-gop/
The Senate on Friday voted to "table," or kill, a House Republican proposal to "cut, cap and balance" the budget that Majority Leader Harry Reid called the single worst piece of legislation ever to hit the Senate floor.
The House Republican "Cut, Cap and Balance" (measure) is now over. It's done, dead," Reid said after the 51-46 vote.
With its defeat, lawmakers are still looking for a deal to cut federal spending while raising the nation's $14.3 trillion debt ceiling. The Obama administration says the limit must be increased by Aug. 2 or the country could default on its loans or otherwise be forced to shut down services.
The Democratic criticism of the plan, which would require a Balanced Budget Amendment to be voted on after cutting federal spending and capping the amount Congress could increase future expenses without corresponding cuts, infuriated GOP members who say it is exactly what President Obama asked for in a debt deal.
Snip
Read more: http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and-balance-plan-proposed-by-house-gop/#ixzz1SqvXPb00
Good news-less than 48% voted against it; after Reid called it the "worst" piece of legislation to ever hit the Senate. :D
http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and-balance-plan-proposed-by-house-gop/
The Senate on Friday voted to "table," or kill, a House Republican proposal to "cut, cap and balance" the budget that Majority Leader Harry Reid called the single worst piece of legislation ever to hit the Senate floor.
The House Republican "Cut, Cap and Balance" (measure) is now over. It's done, dead," Reid said after the 51-46 vote.
With its defeat, lawmakers are still looking for a deal to cut federal spending while raising the nation's $14.3 trillion debt ceiling. The Obama administration says the limit must be increased by Aug. 2 or the country could default on its loans or otherwise be forced to shut down services.
The Democratic criticism of the plan, which would require a Balanced Budget Amendment to be voted on after cutting federal spending and capping the amount Congress could increase future expenses without corresponding cuts, infuriated GOP members who say it is exactly what President Obama asked for in a debt deal.
Snip
Read more: http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and-balance-plan-proposed-by-house-gop/#ixzz1SqvXPb00