The House has just voted in favor of
“suspending” the debt ceiling through March 15 by a vote of
221-201, with 28 Republicans voting for it and just 2 Democrats
voting against. The measure now goes to the Senate.
Republican leadership, looking to get something out of the vote
or just to entice more Republicans to support it, briefly
considered
tying it to a restoration of military benefits before agreeing
on a “clean”
vote, something Speaker John Boehner, the top House Republican,
called a “disappointing
moment.”
The U.S. debt is at $17.3
trillion and rising. Multiple Democrats, including House
Majority Whip Steny Hoyer, suggested that raising the debt ceiling
shouldn’t even be a matter for debate, because America is awesome.
Hoyer also lauded Bill Clinton and House Republicans in the 90s for
delivering several budget surpluses, calling it something of a
“team effort,” but didn’t seem to draw any relevant conclusions for
the present day.
Check out Remy’s Reason TV offering on the debt ceiling, when
the US debt was $14 trillion and rising, below:
from Hit & Run http://ift.tt/NzZpn0
via IFTTT