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Reid bringing debt-ceiling bill to Senate floor. Says he canít wait for House bill any longer
Marketwatch ^ | 10-29-11 | By Robert Schroeder, MarketWatch

Posted on 07/29/2011 8:34:14 AM PDT by rawhide

Edited on 07/29/2011 8:35:27 AM PDT by Admin Moderator. [history]

Senate Democratic Leader Harry Reid said heís bringing a bill to raise the U.S. debt ceiling and cut the deficit to the Senate floor Friday, and that he canít wait any longer for a competing proposal from House Republicans.

ďTime is short,Ē Reid said in remarks on the Senate floor Friday morning, as Washington and financial markets fretted about a potential default by the U.S. government on Aug. 2.


(Excerpt) Read more at marketwatch.com ...


TOPICS: Breaking News; Government
KEYWORDS: debt; dncrico; dnctreason; reid; senate; treason
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1 posted on 07/29/2011 8:34:18 AM PDT by rawhide
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To: rawhide

Don’t all finance bills have to originate in the House...?


2 posted on 07/29/2011 8:36:01 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: rawhide
Reid, if you look in the shredder next to your desk you'll find the debt ceiling bill the House has already passed and sent to you.
3 posted on 07/29/2011 8:36:29 AM PDT by KarlInOhio (The Repubs and Dems are arguing whether to pour 9 or 10 buckets of gasoline on a burning house.)
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To: mewzilla
They'll just take a finance bill the House has already passed, delete the entire text and add what they are working on now - just like they did with Obamacare.
4 posted on 07/29/2011 8:37:45 AM PDT by KarlInOhio (The Repubs and Dems are arguing whether to pour 9 or 10 buckets of gasoline on a burning house.)
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To: rawhide
Maybe he should have thought about this a few years ago until waiting till the last minute.

Pathetic socialist/liberal/communist/losers!

5 posted on 07/29/2011 8:37:57 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: rawhide

The mask is slipping form the DC Political media machine. The truth is coming out. This is why Progressive Facists in the 0-bot media are in hysteria today

The big DC political machine lie of this whole thing is the GOP needs a bill.

NO, the 0 Democrats need a bill. They are the party of spend. They are the ones who have to go to the voters in 2012 and defend their total mishandling of the economy for the last 4 years.

The GOP candidate in 2012 is going to be running against DC. The 2012 election will be a referendum on 0’s Presidency.

Time for people to quit buying the propaganda fed them by the DNC Media-Political machine, the 0 Dems, not the GOP, will be hurt the worst by a failure to strike a deal.

Here what you do GOP, you tell the Senate “Sorry but all your Debt bills are D.O.A. CCB was the compromise, if you want a bill, there it is.”.


6 posted on 07/29/2011 8:38:09 AM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: mewzilla

Have to? No, but supposed to.


7 posted on 07/29/2011 8:38:17 AM PDT by Terry Mross (I will only vote for a SECOND party.)
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To: rawhide

Blink


8 posted on 07/29/2011 8:38:20 AM PDT by Raycpa
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To: rawhide
Wow...Did we get setup or what?? The fact that Obama had a 2 minute speech this AM kinda confirms it.

I think the Tea Parties have a bit to learn.

9 posted on 07/29/2011 8:38:27 AM PDT by Sacajaweau
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To: mewzilla
Don’t all finance bills have to originate in the House...?

I am thinking the same. But RATS are involved, so rules do not matter.

10 posted on 07/29/2011 8:39:07 AM PDT by rawhide
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To: rawhide

Like it or not, Reid cannot do anything wo the house. Under the Constitution, both houses must recon a bill. It cannot be passed onto the pres otherwise.


11 posted on 07/29/2011 8:39:17 AM PDT by DownInFlames
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To: rawhide; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale; ...
RE :"Reid’s proposal would cut $2.2 trillion in spending and raise the debt ceiling by $2.7 trillion, enough to get past the 2012 elections. The House bill raises the debt ceiling by $900 billion but would raise it again next year by $1.6 trillion if extra deficit reduction is approved by Congress."

Reid's bill, guess he doesnt count votes in the Senate.

12 posted on 07/29/2011 8:39:17 AM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: mewzilla

That was back when we had a Constitutional Government.

They all just do pretty much what they like today.


13 posted on 07/29/2011 8:39:24 AM PDT by Venturer
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To: unixfox
Reid bringing debt-ceiling bill to Senate floor. Says he can’t wait for House bill any longer

I thought those kinds of bills were supposed to originate in the House.
14 posted on 07/29/2011 8:39:45 AM PDT by aruanan
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To: rawhide

This was Obama’s and Reid’s plan all along. Delay, demagogue, blame the Republicans up until the last minute and then unload their plan to be hastily passed. I’m at the point where I think the only way we rebuild is to let the entire system collapse.


15 posted on 07/29/2011 8:40:52 AM PDT by reegs
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To: rawhide
“Time is short,” Reid said in remarks on the Senate floor Friday morning

And so is Harry, according to some of those hookers in the pool he swam with as a teen.
16 posted on 07/29/2011 8:41:10 AM PDT by aruanan
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To: rawhide

they’ve done this before, with obamacare and, I believe, with porkulous

Reid and senate write it, House gets to rubber stamp, president signs, all done very fast and after hours so no one gets to read it

One idiot GOP signs it so it becomes “bipartisan”

stroke of the pen, law of the land


17 posted on 07/29/2011 8:41:26 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: mewzilla
Don’t all finance bills have to originate in the House...?

The answer I find is "All revenue bills must originate in the House of Representatives".

So the key is that when Reid said he’s bringing a bill to raise the U.S. debt ceiling and cut the deficit, THERE MUST BE NO REVENUE IN THE BILL!!!!

18 posted on 07/29/2011 8:41:52 AM PDT by Lockbox (`)
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To: mewzilla

YES

here is the current whip count on the Boehner proposal. The undecided Reps. are as follows: Ted Poe, TX (202-225-6565); Michael Turner, OH (202-225-6465); Bill Posey, FL (202-225-3671); Jack Kingston, GA (202-225-5831); Quico Canseco, TX (202-225-4511); Scott DesJarlais, TN (202-225-6831); Morgan Griffith, VA (202-225-3861); Scott Garrett, NJ (202-225-4465); Jeff Flake, AZ (202-225-2635)


19 posted on 07/29/2011 8:42:07 AM PDT by GailA (Any congress critter who fails to keep faith with the Military, will NOT keep faith with YOU!)
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To: rawhide
“Time is short,” Reid said in remarks on the Senate floor Friday morning

Interesting words coming from a guy whose Senate hasn't passed a budget in more than 850 days.

Nevada... BTW.. thanks for keeping him in his seat for another six years. Much appreciated. /sarcccc

20 posted on 07/29/2011 8:43:12 AM PDT by ScottinVA (As a party that gives Obama what he wants, what again is the GOP`s 2012 selling point?)
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To: aruanan

so Reid swam with hookers??

male hookers I assume.


21 posted on 07/29/2011 8:43:25 AM PDT by Vaquero ("an armed society is a polite society" Robert A. Heinlein)
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To: rawhide

Filibuster it!


22 posted on 07/29/2011 8:43:41 AM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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To: MNJohnnie
Here what you do GOP, you tell the Senate “Sorry but all your Debt bills are D.O.A. CCB was the compromise, if you want a bill, there it is.”.

If there was a chance of that happening, wouldn't it already have?

(no snark intended, just seems obvious)

23 posted on 07/29/2011 8:44:08 AM PDT by workerbee (We're not scared, Maobama -- we're pissed off!)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

thanks rawhide, sidebar.
http://www.freerepublic.com/focus/news/2755750/posts


24 posted on 07/29/2011 8:45:21 AM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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To: Sacajaweau

If this happens Tea Party fingerprints will be missing from the awful results of a $17 trillion national debt “waypoint” (formerly called a ceiling) with tax increases and no meaningful cuts or restraints on future deficit spending

bypassing the will of the people (still) has consequences

Go ahead, Harry, make our day


25 posted on 07/29/2011 8:45:27 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: reegs

I have thought the exact same thing numerous times. We have gone so far down this road. I’ve always asked “how do we turn back?” Nobody has ever had an answer.


26 posted on 07/29/2011 8:46:27 AM PDT by southernindymom
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To: Sacajaweau

If this happens Tea Party fingerprints will be missing from the awful results of a $17 trillion national debt “waypoint” (formerly called a ceiling) with tax increases and no meaningful cuts or restraints on future deficit spending

bypassing the will of the people (still) has consequences

Go ahead, Harry, make our day


27 posted on 07/29/2011 8:47:17 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Sacajaweau

All spending bills must originate in the house. This is smoke being blown by Reid and he knows it. Boner should have stuck with the CCB bill and when Reid pulled this card retorted ‘we sent you the bill’. McConnell should have taken the torch from there with DeMint and tried to get the votes, and let the Dems kill it.

With both wanting to craft much weaker bills out of the chute, they’ve boxed themselves into a position. This is all on their lap.


28 posted on 07/29/2011 8:47:38 AM PDT by Free Vulcan (Obama's hoping that I'll have nothing but chump change left when he's done.)
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To: workerbee

I believe for the vote to pass in the Senate it will require sixty votes. The Republicans in the Senate can block the bill if they have the cojones.


29 posted on 07/29/2011 8:48:01 AM PDT by Melchior
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To: rawhide

What took u so long Dingy. Yes, let’s see YOUR phantom bill and phantom spending cuts. Put your RATS on record.


30 posted on 07/29/2011 8:49:03 AM PDT by tennmountainman
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To: mewzilla
Don’t all finance bills have to originate in the House...?

No. Only bills that raise taxes or appropriate money have to originate in the House. These bills purport to cut existing appropriations.

You don't have to believe me - just look at the bill number for Boehner's plan - it is Senate Bill 627. They took a bill that had already been passed by the Senate and amended it to contain the language of the Boehner plan. So the Boehner bill does not "originate" in the House.

Of course, if Reid wanted to pass a bill that contained new spending or raise taxes, he could do something similar - "gut and amend" a bill that originated in the House.

31 posted on 07/29/2011 8:49:19 AM PDT by CA Conservative
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To: aruanan

I don’t believe it’s ever happened that the Senate and the house have been split in this fashion.


32 posted on 07/29/2011 8:49:19 AM PDT by BenKenobi (Honkeys for Herman!)
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To: DownInFlames
Like it or not, Reid cannot do anything wo the house.

Like it or not Reid's bill would likely pass the house with full support from the Dems and establishment Republicans.

Any Republican who votes for Reid's bill needs to be primaried.

33 posted on 07/29/2011 8:49:56 AM PDT by CharacterCounts (November 4, 2008 - the day America drank the Kool-Aid)
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To: rawhide

Wouldn’t surprise me to see Reid come out with a bill containing 30,000 pages.


34 posted on 07/29/2011 8:51:00 AM PDT by OldNavyVet (One trillion days, at 365 days per year, is 2,739,726,027 years ... almost 3 billion years)
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To: rawhide

Reid will come out with another 2,500 page monstrosity. “Time is short,” so no time to post it, no time to read it, no time to debate it. We need to pass it first in order to find out what’s in it....


35 posted on 07/29/2011 8:52:47 AM PDT by kevao
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To: rawhide

When do WE THE PEOPLE, get to see it?

And don’t say after it’s signed. Unless you want the heat in D.C. turned up by a lot more than the temperature...


36 posted on 07/29/2011 8:52:47 AM PDT by SueRae (I can see November 2012 from my HOUSE!!!!!!!!)
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To: workerbee
If there was a chance of that happening, wouldn't it already have?

No because this is the 1st time the US Senate lead by dopy Harry has actually DONE something on this issue.

37 posted on 07/29/2011 8:53:53 AM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: Melchior

We are going to make Reid’s life a living Hell through the weekend. We have 47 GOP Senators waiting on the House for additional leverage.

THAT is why it is critical to get the Boehner bill passed.

I know this is inside legislative baseball to a lot of well-meaning conservatives who think CCB is the only strategy. It is not. Pay attention to what Krauthammer, Holz-Eaton, Coulter, Hewitt, Sowell and others are saying.

We all share the same goal; this is a fight over tactics. Boehner and Cantor know what they are doing.


38 posted on 07/29/2011 8:57:00 AM PDT by mwl8787
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To: reegs

Yep. The plan was to have the Boehner plan killed (either by Tea Party or by threat of DOA in Senate) and force the House to deal with the Senate bill due to lack of time and crisis creation. Classic pincer strategy.


39 posted on 07/29/2011 8:57:55 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Sacajaweau
Nope. All spending bills must start in the house. There was a bill started and passed there, but tabled (not killed) by the Senate. The House should just demand the Senate vote on it.

The House should simply pass a bill authorizing what should be paid until a budget is passed, then adjourn.

40 posted on 07/29/2011 8:58:11 AM PDT by jimjohn
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To: DownInFlames
You are assuming the Constitution has any effect right now.

If you haven't been paying attention, that might not be a valid assumption. It is prelude to the next step of the Executive Branch assuming complete control.

What will be interesting is that the Judicial branch has usurped a lot of power, and will not be willing to cede it. The legislative branch will wither either way.

41 posted on 07/29/2011 8:58:16 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: rawhide
Photobucket
42 posted on 07/29/2011 8:58:36 AM PDT by baddog 219
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To: rawhide

FU reid... you and your communist cabal have had 2.5 years to come up with a plan... FU harry... FUFUFUFUFU!

LLS


43 posted on 07/29/2011 8:58:36 AM PDT by LibLieSlayer ("GIVE ME LIBERTY OR GIVE ME DEATH"! I choose LIBERTY and PALIN!)
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To: rawhide

Reid should resign.


44 posted on 07/29/2011 8:58:50 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: rawhide

Reid can bring it on and call OUR bluff this time. We’ll take it to the people then... next election if need be. (sarcasm, sort of)

Actually, if Reid presents a plan, doesn’t it then have to go back to the House before it could get anywhere else?

That doesn’t seem to fit into any picture at this point.

Either Reid puts some plan up (which I still don’t think he really has) and send it to the House where it will just set until after the Boehner bill is worked out (what good was THAT), OR he puts his bill up and it doesn’t get through the Senate because the Republican Senators know the Boehner bill is forthcoming(what good was THAT)?

I’m not sure how they are trying to work this, and there is probably other trickery going on, but it doesn’t seem to add up on Reid having a real bill right now to present and vote on.

Besides, if he really had one, wouldn’t he have ALREADY presented it? And if he really had one that he thought was better than Boehner’s plan, why would he have waited for Boehner’s plan to begin with and only present his as a last resort? Does Reid himself think his is that much WORSE than Boehner’s that he needed to wait to see if a better bill came around first? :)

Just doesn’t add up.

Senator Reid, put CCB up for discussion, amendments, and vote NOW if you are THAT worried about the time!


45 posted on 07/29/2011 8:59:00 AM PDT by casinva (We are being held hostage by Democrat US Senators who block votes just like the ones in Wisconsin)
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To: rawhide
A case each of Kaopectate and bourbon was seen being delivered to Reid's office. Security wouldn't let the razor blades through.
46 posted on 07/29/2011 8:59:06 AM PDT by JPG (Yes she can!)
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To: rawhide

The libs go 800+ days without a budget ... and now that incompetent Reid is going to whip something out because he "can't wait" for the House any longer? This ought to be rich. Please do, Reid. I anxiously await reading what should be a great comedy of literature. I hope he does it ... I hope he surprises us with something good ... but I'm not holding my breath.


47 posted on 07/29/2011 8:59:49 AM PDT by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: rawhide

This is actually good news, force them to show cards.


48 posted on 07/29/2011 9:00:30 AM PDT by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
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To: Sacajaweau

Where do you come up with that? Reid and Obama are not fooling anyone.


49 posted on 07/29/2011 9:00:55 AM PDT by ngat
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To: CA Conservative

The Boehner bill contained new spending - $17 billion in fact. So doesn’t that mean the bill has to originate in the house?


50 posted on 07/29/2011 9:02:01 AM PDT by vbmoneyspender
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