Cut cap and balance debt measure passes House

[discocrisco01]

Source: Associated Press

WASHINGTON — The House has passed legislation conditioning a $2.4 trillion increase in the nation's borrowing cap on a tea party-backed plan to require immediate spending cuts and a constitutional amendment requiring a balanced budget.

The 234-190 vote sends the "cut, cap and balance" plan to the Democratic-controlled Senate, where it has virtually no chance of passing.

With the House tally cast, attention is returning to efforts in the Senate to provide President Barack Obama authority to impose an increase in the debt limit without approval by Congress and on a new Senate "Gang of Six" proposal to cut the deficit by almost $4 trillion over the coming decade.



Read more: http://www.msnbc.msn.com/id/43817193

[upi402]

1. getting interesting

i can barely stand any more interesting

[Avalux]

2. The Pukes, along with 5 Dems, are traitors to this country.

And so is any other person demanding cuts to SS and Medicare while demanding no taxes for the rich.

Bunch of bullies, and Cantor's little performance on the House floor was revolting.

[pampango]

7. Frank Rich: Eric Cantor is positioning himself to be the tea party's speaker, and his lust for power

may well make him willing to risk default, however politically self-destructive that may seem to those who remember the Gingrich shutdown fiasco. Meanwhile, Boehner and McConnell, whatever their public praise of the tea party or Cantor, are the establishment GOP and must answer to the corporate/financial interests that bankroll the party, are frightened of right-wing populism, and want the debt ceiling raised, pronto. (Don't forget, McConnell backed the candidate opposing tea party hero Rand Paul in the 2010 Kentucky senatorial primary.)

http://nymag.com/daily/intel/2011/07/frank_rich_adam_moss_alpha.html

[discocrisco01]

3. Voters Blind To Political Bias

It is beacause people are often very biased towards their politically views. People do not want to a detailed self-analysis of the deficit problem.

Some liberals like to pretend that we do not have deficit problem. Conservatives are willing to admit to deficit crises but lack the self-examination to admit that the Bush tax cuts, Medicare Part D, and the wars in Iraq and Afghanistan are the primary driver to the debt.

I believe that we have the deficit because both the CBO and GAO state that they we have a deficit problem. Unlike the Republicans, I believe that significant tax increases are required to get rid of the massive deficit. I believe in restoring all of the Clinton tax rates to Clinton-era rates and closing major tax loopholes.

In terms of cutting spending programs, I believe that we should make major cuts to defense and make some entitlement reforms to Social Security and Medicare. One Medicare reform that liberal can support is means-testing of Medicare so that the wealthier Americans pay a higher share of their Medicare bills. I know that is an unpopular reform, but it preserves Medicare for the most neediest without any cuts and prevents the brutal cuts of Paul Ryan's plan from being adopted.

[FarLeftFist]

6. Let's make them happy and go back to the Reagan era tax rate: 50%!

After all, he is their "God".

[FarLeftFist]

4. Just what we need, more cuts without revenue:

Recovery here we come!

[Fearless]

5. This will KILL social programs in America.

[Lasher]

10. This particular measure has zero chance of becoming law.

Political whores are trying to convince constituents that it is somebody else's fault that they cannot fulfill their promises to make teabagger fairy tales come true.

[Twostones]

8. The vote on passage results here

how your representative voted http://clerk.house.gov/evs/2011/roll606.xml

[Lasher]

9. Thank you for that link.

Democrats voting yea: Boren (D-OK-2), Cooper (D-TN-5), Matheson (D-UT-2), McIntyre (D-NC-7) and Shuler (D-NC-11). Every one of these traitors needs to be primaried.

[Grins]

11. Can someone explain this...?

I've read the bullshit Cut, Cap, and Balance bill. In the text of the bill there is a familiar line.

Page 9, line 14: "...requires that tax increases be approved by a two-thirds vote in the Houses (Edit - yes, plural) of Congress..."

We have all seen this un-democratic language before, asserting the tyranny of the minority over the majority.

So why hasn't a democrat proposed an amendment to this bill so that it says, "all tax increases and tax decreases be approved by a two-thirds vote in the Houses of Congress..."?

Be fun to watch the Reich-wingers debate that one, no?

Just curious.