Senate clears debt limit measure for Obama

Cruz countered: "In my view, every Republican should stand together against raising the debt ceiling without meaningful structural reforms to rein in our out-of-control spending."
The same bill had passed the House on Tuesday after Republican leaders gave up efforts to hold up the debt ceiling measure to win concessions from Obama on GOP agenda items like winning approval of construction of the Keystone XL pipeline.
Quick action on this latest debt limit bill stands in contrast to lengthy showdowns in 2012 and last fall, when Republicans sought to use the must-pass legislation as leverage to win concessions from Obama. They succeeded in 2011, winning about $2 trillion in spending cuts. But Obama has been unwilling to negotiate over the deb limit since his re-election, and Wednesday's legislation is the third consecutive debt measure passed without White House concessions.
Republicans have been less confrontational since October's 16-day partial government shutdown sent GOP poll numbers skidding and chastened the party's tea party faction. Republicans have instead sought to focus voters' attention on the implementation and effects of Obama's health care law.
But most Republicans still say any increase in the debt ceiling should be accompanied by cuts to the spiraling costs of costly benefit programs like Medicare.
"We need some reform before we raise the debt ceiling. We need to demonstrate that we are taking steps that will reduce the accumulation of debt in the future," said Alabama Sen. Jeff Sessions, top Republican on the Budget Committee. "And the president and the Democratic Senate have just flatly refused. So they've just said, 'We'll accept no restraint on spending'."
Some Republicans seemed irked that Cruz wouldn't let the bill pass without forcing it to clear a 60-vote threshold that required some Republicans to help it advance.
"I'm not going to talk about that," said Sen. Orrin Hatch, R-Utah, when asked if Republicans are annoyed with Cruz.
The debt measure permits Treasury to borrow regularly through March 15, 2015, putting the issue off until after the November elections and setting it up for the new Congress to handle next year.
If Republicans take over the Senate, they're likely to insist on linking the debt ceiling to spending cuts and other GOP agenda items. But for now at least, the issue is being handled the old fashioned way, with the party of the incumbent president being responsible for supplying the votes to pass it and with the minority party not standing in the way.




 This cannot be fixed , the economy and the currency of the united states , is rapidly headed for a permanent collapse and they know it and they are militarizing the domestic police force , D.H.S. have purchased ammo by the billions , weapons, and mraps , the postal service is purchasing small arms , remember the red,green or blue stickers supposedly in or on your mailbox , nope any where in your driveway , seen them already , bout a half an inch in diameter , when i heard about this last year i was skeptical about it until i started seeing them , i will take some pics and post them soon.



2 comments:

  1. Ain't heard about these stickers yer talking about.

    What's up with that?

    ReplyDelete

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