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House GOP to try to counter Senate debt limit plan
yahoo.news ^ | Oct 15, 2013 2 minutes ago | ANDREW TAYLOR

Posted on 10/15/2013 7:16:04 AM PDT by 11th_VA

WASHINGTON (AP) — House GOP leaders unveiled their own plan Tuesday to counter an emerging Senate plan to reopen the government and forestall an economy-rattling default on U.S. obligations.

The bill would repeal a new tax on medical devices and take away lawmakers' federal health care subsidies in addition to funding the government through Jan. 15 and giving Treasury the ability to borrow normally through Feb. 7.

Rep. Darrell Issa, R-Calif., said Republicans plan to pass the measure later Tuesday. It could prove tricky because Democrats probably won't support it.

The House move comes after conservative lawmakers rebelled at the outlines of an emerging Senate plan by Majority Leader Harry Reid, D-Nev., and GOP leader Mitch McConnell of Kentucky. Those two hoped to seal an agreement on Tuesday, just two days before the Treasury Department says it will run out of borrowing capacity.

The emerging Senate measure would reopen the government through Jan. 15 and permit the Treasury to borrow normally until early to mid-February, easing dual crises that have sapped confidence in the economy and taken a sledgehammer to the GOP's poll numbers.

"The general framework is there" between Reid and McConnell, said Sen. Bob Corker, R-Tenn. He said conversations with the House were continuing and he thought it would be midday Tuesday at the earliest before a plan was finalized.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Breaking News; Government; Politics/Elections
KEYWORDS: 113th; braking; donate; shutdown
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1 posted on 10/15/2013 7:16:04 AM PDT by 11th_VA
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To: 11th_VA

Geez.

So Republicans are planning on caving.. but it’s NOT ENOUGH of a cave for the Rats.

FUBO


2 posted on 10/15/2013 7:18:04 AM PDT by ConservativeMan55 (In America, we don't do pin pricks. But sometimes we elect them.)
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To: 11th_VA

The House doesn’t need to “try.” They hold all the cards. Nothing gets funded without the House.


3 posted on 10/15/2013 7:19:01 AM PDT by cotton1706
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To: 11th_VA
permit the Treasury to borrow normally

I see the problem. When the regular thing is to borrow to pay bills, you are pretty much screwed.

/johnny

4 posted on 10/15/2013 7:19:32 AM PDT by JRandomFreeper (Gone Galt)
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To: 11th_VA

The problem is the debt, not the debt ceiling. Balance the budget, the problem will take care of itself.


5 posted on 10/15/2013 7:21:27 AM PDT by sima_yi ( Reporting live from the far North)
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To: ConservativeMan55
They need to be punished for their insurrection don't ja know.....
6 posted on 10/15/2013 7:22:44 AM PDT by rightwingextremist1776
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To: 11th_VA

It’s now or never Pubbies!

Are you a party, or a collection of bureaucrats.

If the House stands firm, I will once again donate money to the party.

If not, the party needs to dissolve.

It’s not about who is nicer to whom, it’s about standing up for what’s right. Forget the media, forget the polls, listen to the American People, and the Veterans who have fought for them.


7 posted on 10/15/2013 7:22:56 AM PDT by GEC (We're not drilling in ANWR because...)
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To: 11th_VA
The bill would repeal a new tax on medical devices and take away lawmakers' federal health care subsidies

But it would leave obnamacare comfortably funded and would help the Democrats to not lose votes next November. I think the Republican "leadership" really does desire to have a much smaller majority in the House after the election. It would be easier to keep the Republicans in line wee there fewer of them. They might even think wistfully of being in the minority again where Republicans have historically been the most comfortable.

8 posted on 10/15/2013 7:23:32 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: 11th_VA

Do Not do it, HOUSE.

Do NOT do anything.

Your demands should be: (1) a real budget and the end of continuing resolutions and an irrevocable, non-squishy law requiring a budget (2) A rate of expenditure per month that cannot be exceeded for that budget (3) all expenditures in that budget OR no deal. (4) A religious conscience clause added to ObamaCare (5) The end of anything resembling death panels or care restrictions in ObamaCAre, and a minimum of a delay for one year with ObamaCare.


9 posted on 10/15/2013 7:24:09 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: ConservativeMan55

Sickening. The Republicans are always willing to take it in the shorts. Never go for a win when you can settle for defeat.


10 posted on 10/15/2013 7:24:57 AM PDT by Starboard
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To: 11th_VA

My do nothing R Congressman is sending a “daily brief” during the slowdown and I can tell he is ready to cave. He is saying, “we cannot default,” like the Dems.


11 posted on 10/15/2013 7:25:34 AM PDT by jch10 ("Normandy was closed when we got there too!")
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To: cotton1706

Nothing gets funded without the House.

*******
True. The one exception being when the House is “controlled” by Republicans. /sarc


12 posted on 10/15/2013 7:26:00 AM PDT by Starboard
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To: GEC

If not, the party needs to dissolve.
**********

Kind of hard to dissolve when there’s nothing there to begin with. :)


13 posted on 10/15/2013 7:26:55 AM PDT by Starboard
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To: arthurus

” .... new tax on medical devices ... “


In the grand scheme of things, this new tax is nothing. If that’s all the republicans walk away with, they will come up empty handed.

The repubs can brag that they got what they wanted but, in the end, it was all about nothing.

And if unions get a break for a year, I will deem this to be a total disaster for the republicans. If we have to drink in obamaCrap, unions need to drown on it.


14 posted on 10/15/2013 7:28:24 AM PDT by boycott
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To: boycott

If that’s all the republicans walk away with, they will come up empty handed...in the end, it was all about nothing.

***********
One FINAL crushing defeat. Bye, bye Pubbies.


15 posted on 10/15/2013 7:30:24 AM PDT by Starboard
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To: 11th_VA

Translation: it’s time for those crazy kids in the House to sit down and pay attention and do what Reid and McConnell tell them to. Constitutional duty? Whazzat?


16 posted on 10/15/2013 7:30:48 AM PDT by bigbob
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To: 11th_VA

NO!


17 posted on 10/15/2013 7:32:57 AM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
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To: boycott

Why delay the tax 2 years?

If it’s a dumb thing now it’s just as dumb 2 years later.


18 posted on 10/15/2013 7:36:55 AM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: 11th_VA
They're caving. I expected nothing less but had HOPED that Ted Cruz and Mike Lee had inspired just a little more manliness in Cantor and Boehner. That hope was wasted.

I loathe and despise the GOP!

19 posted on 10/15/2013 7:37:22 AM PDT by pgkdan
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To: boycott

Caving and comprosimising is all I see in this.

No more business as usual politics. Stop Obamacare completely in its tracks and stop the debt train that will eventually go over the cliff.


20 posted on 10/15/2013 7:37:32 AM PDT by Nextrush (BALANCED BUDGET NOW, PRESIDENT SARAH PALIN,CHANGE I BELIEVE IN)
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