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Bill passes house... now its up to the Democrats

ProfJohn

Lifer
Now what??


http://news.yahoo.com/blogs/ticket/house-passes-boehner-debt-ceiling-plan-223457649.html
With days before the Aug. 2nd deadline to raise the nation's $14.3 trillion debt ceiling, the House approved a proposal from House Speaker John Boehner. The final vote was 218 members--all Republicans--voting for the bill, with 210 against. Passage of the Boehner plan came a day after House leaders had originally intended to hold a vote on the measure--and after several days of intensive lobbying and arm twisting by Republican lawmakers.
Faced with the threat that Republican leaders wouldn't be able to secure enough votes within their caucus, the party postponed the floor vote until House leaders could convince enough of their own to come on board. After several failed attempts to bargain with the remaining holdouts, Boehner on Friday morning offered an amendment in return for Republicans support that would allow for a vote on a balanced budget amendment to the U.S. Constitution.

It worked.

Even the most hardline Republicans left a closed-door meeting with the caucus Friday morning with the announcement that they had changed their minds and would support the Speaker's plan.

The bill would raise the federal debt limit by about $900 billion in return for $917 billion in across-the-board reductions in projected government spending. The measure would force Congress to vote again on the debt limit in six months, setting the stage for yet another national debate over government spending and debt. Republicans needed 218 votes to pass.

Senate Democratic leaders vowed before the vote that the bill would collapse in the upper chamber.

"Boehner's bill dies tonight," House Majority Leader Harry Reid's spokesman Adam Jentleson announced on Twitter Thursday afternoon when it was thought the House would vote on the bill in just a matter of hours. "Forever."

Now that the Republican plan has survived the House, Senate Majority Leader Harry Reid plans to table Boehner's House bill and move toward his own version of a debt ceiling package.

If Reid's version can't pass either, Boehner's plan would still be a tough--if not impossible--sell to the Senate and the White House. All 53 Senate Democrats signed a letter this week vowing to vote against Boehner's plan.

"A short-term extension like the one in your bill would put America at risk, along with every family and business in it," the letter read. "We now have only five days left to act. The entire world is watching Congress. We need to do the right thing to solve this problem. We must work together to avoid a default the responsible way—not in a way that will do America more harm than good."

Earlier this week, President Obama stopped short of promising to veto Boehner's bill if it survives the Senate, but sent a message to Congress Tuesday promising that, "senior advisers would recommend that he veto this bill."

The White House ramped up its rhetorical offensive on Friday when President Obama said that Boehner's plan "has no chance of becoming law."
The Senate could, however, amend the House bill and send it back to the House, which would likely include a reduction in spending and provide enough to raise the debt ceiling for more than a year.

Reid's plan to raise the debt ceiling ready, which would free up enough money for the government to continue paying its debts until after the elections in November 2012. That, too, would require House approval.

Friday's House vote was a culmination of days of uncertainty over whether Boehner could secure support from his own caucus. Just hours before the scheduled Thursday vote, GOP House leaders still could not say with confidence that they had the votes--and indeed a vote scheduled to take place around 6 PM EST was postponed till later in the evening as House GOP leaders continued hunting up votes for Boehner's plan, after already spending much of Thursday meeting personally with several House Republicans who they thought could be swayed. With the final moments ticking by, at least 22 House Republicans confirmed they would not support the speaker and four said they were "leaning" against it. (Just 25 Republican "nay" votes would have sunk the bill.)

That was too close for comfort for Republican leaders, who said they needed a few more hours and postponed the vote yet again. Around 10:30 PM EST Thursday night, GOP lawmakers announced they were calling it quits for the night and would pick the bill back up in the morning.
The entire 11th-hour episode has proven to be a test for Boehner, who took severe hits from the conservative wing of his party for seeking a compromise with Democrats. Conservatives were most displeased that Boehner's proposal omitted a key spending-hawk provision calling for a constitutional amendment to require Congress to balance the federal budget each year--but the deal to launch a separate bill on the balanced budget amendment allayed most of Bohener's critics on the right. While Republican leaders were busy corralling every possible vote, major conservative grassroots organizations blasted messages to their member lists urging them to tell members of Congress to vote against the Republican plan.

The Republican Study Committee--the chamber's largest conservative caucus, with more than 175 members--was actively working to undermine the Republican plan. Committee Executive Director Paul Teller, a staffer, had reportedly sent letters to conservative groups telling them to keep the pressure on House members to vote against Boehner's proposal. When the aide's actions were outed at a closed-door meeting with Republicans, members shouted "fire him, fire him!" according to an account in Politico.

The chaos on Capitol Hill, could, however be just the prelude of drama to come with the approach of Aug. 2--the date at which Treasury officials say the United States would begin defaulting on debt obligations. With no plan in sight that both sides can agree on, it is likely that whatever solution emerges from Washington will not emerge until the final moments.
 
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Geeze, six months! Congress will get nothing done all year except work on the debt ceiling.

Hey! Congress will get nothing done all year except work on the debt ceiling! I LOVE this plan!
 
No Republicans were called the party of no, because legislation that would have passed was obstructed by filibuster. This legislation doesn't have the votes.
 
After several failed attempts to bargain with the remaining holdouts, Boehner on Friday morning offered an amendment in return for Republicans support that would allow for a vote on a balanced budget amendment to the U.S. Constitution.

Hahahahaha, yeah, that's going to happen. Such an amendment hasn't a chance in hell of passing. Perhaps it's enough to placate the Teabaggers back at home though. Nice hat trick.

Republican holdouts to Teabaggers:

"Don't vote me out of office, I voted for a Constitutional amendment that didn't have a snowball's chance in Hell of passing! But it's the principle that counts, right?"
 
Democrats vote NO, blame Republicans for being obstructionists.

Republicans put up crap bill knowing it won't pass in order to play politics and be able to say 'we put something up, Democrats voted no'.

Slew Foot falls for it hook, line and sinker like a sucker.

The 'make a bad offer and pretend the other side won't compromise' is a basic scam.
 
So a $900 billion increase in the debt ceiling, plus some of those cuts are surely current year, isn't enough to go more than 6 months?

We're gonna go $900 billion, almost a trillion, deeper into debt in only 6 months?

(Shakes head). I hope I'm reading that wrong.

Fern
 
Seeing how this Boehner bill cuts pell grants and student aid to the very bone, putting in danger every college students education future, his bill is basically D.O.A. As it should be...
 
I think this was the hard part.

Now the Senate can add a few parts that Democrats can agree with and then send it back to the house and we won't need the tea party Republicans to pass it.

And the Senate Democrats have to work with the Republican senators due to the need for 60 votes so this process should be easier than what we saw in the house.

I hope...
 
So a $900 billion increase in the debt ceiling, plus some of those cuts are surely current year, isn't enough to go more than 6 months?

We're gonna go $900 billion, almost a trillion, deeper into debt in only 6 months?

(Shakes head). I hope I'm reading that wrong.

Fern

The tricks they are using to keep the government going have to be paid back.
 
Seeing how this Boehner bill cuts pell grants and student aid to the very bone, putting in danger every college students education future, his bill is basically D.O.A. As it should be...
Something has to be cut... life sucks, pay for your own damn college or get loans.
 
I think this was the hard part.

Now the Senate can add a few parts that Democrats can agree with and then send it back to the house and we won't need the tea party Republicans to pass it.

And the Senate Democrats have to work with the Republican senators due to the need for 60 votes so this process should be easier than what we saw in the house.

I hope...

I hope this happens, because the bill as it currently stands has no chance. It would be nice to see both sides come together on this...
 
Now Democrats toss it in the trash, put up their own bill in the Senate, and it will be up to Republicans, both in Senate to not filibuster, and House to pass.
 
Still posturing... Still creating uncertainty to hold down the economy, prevent employment, still doing anything they can to Beat Obama!, no matter who suffers as a consequence.
 
Geeze, six months! Congress will get nothing done all year except work on the debt ceiling.

Hey! Congress will get nothing done all year except work on the debt ceiling! I LOVE this plan!

That's genius, keep Congress so busy debating stupid shit that they cant vote on any more stupid crap. Perfect.
 
A filibuster is political suicide for the GOP. It's simply untenable to be obstructing the country into a default.
If it's not filibustered, it goes to the House. House cannot pass it without Democrat votes, tea baggers will never vote for it. So any changes Reps put in that Dems don't accept, they pull the votes, and say, see, the GOP has a majority won't pass this out of the House, they just want to crash the economy. Also political suicide for the GOP.
 
Sadly, I think it is obvious now that Republicans are willing to tank the economy just so Obama doesn't get re-elected.

Economic data today shows recovery is very fragile and Republicans are all too willing to tip economy in double dip recession, as long as Obama doesn't get re-elected.

Gross unemployment stats are skewed because a lot of that is construction workers who can't get work after housing bust (Warren Buffett previously was projecting start of recovery in housing market - specifically increased new home construction - at end of this year, and said unemployment rate could drop drastically next year if that happened - I forgot actual number, but I think it was low 7% range), plus factory workers who now don't have basic computer skills to get jobs that employers say are open jobs but they can't get enough qualified people for. (this is probably some of reason why you hear some say support community colleges so they can retool these workers with basic computer skills so they can get all of the jobs that businesses say are still open but can't find qualified workers).

GDP was very weak previously primarily because of cutbacks by state and local government (JP Morgan chief economist earlier this week said just said when asked how to reconcile how businesses in US can be doing so well when at the time GDP was thought to be only 3%).

Today's GDP report (first quarter GDP revised down to 0.4%; first estimate of second quarter GDP 1.3%) and revisions now show worrisome stat that consumers (not state and local goverments) have pulled back significantly, probably because wages have been stagnant for so long and cost of gas and food and other necessities have gone up in price).

Also gotta wonder whether rally in bond market today reflects bets that quantitive easing 3 (in whatever actual form it takes) may be in works later in year because recovery is slower, with help of Republicans, that expected earlier this year.
 
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So a $900 billion increase in the debt ceiling, plus some of those cuts are surely current year, isn't enough to go more than 6 months?

We're gonna go $900 billion, almost a trillion, deeper into debt in only 6 months?

(Shakes head). I hope I'm reading that wrong.

Fern

IIRC very little of this $900B is for this year. That's why the ceiling increase is only good for 6 more months. I agree though that it's sad a $900B increase in the ceiling is only good for 6 months.
 
""A short-term extension like the one in your bill would put America at risk, along with every family and business in it,""

A default on Tuesday is a better option to these people...
 
The whole debt ceiling thing is so overblown and such a waste of time and energy. I don't know why the Dems are letting Repubs use it as a negotiating point. If we hit the ceiling then emergency power to raise it goes to the President anyways.
 
The house has now passed two different bills and the Senate has yet to pass anything...


I think the pressure is on the Democrats to pass something in the Senate.

BTW the Democrats only have 53 seats. They might have a harder time getting to 50 that the GOP had getting to 218.

McCaskill, Tester, both Nelson's and Brown are all going to be fighting for their lives next year. Stabenow and Manchin could also face difficult races.

That is 7 senators who are going to be facing election next year and who should all face tough races. Will be interesting to see how they vote.
 
The house has now passed two different bills and the Senate has yet to pass anything...


I think the pressure is on the Democrats to pass something in the Senate.

BTW the Democrats only have 53 seats. They might have a harder time getting to 50 that the GOP had getting to 218.

McCaskill, Tester, both Nelson's and Brown are all going to be fighting for their lives next year. Stabenow and Manchin could also face difficult races.

That is 7 senators who are going to be facing election next year and who should all face tough races. Will be interesting to see how they vote.

Well, they'll be voting *for* long term deficit reduction with the Senate bill, not stupid posturing so we can fight about it again next year, as with the Repub HOR plan...

It'll be hard to spin it any other way...
 
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