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Keyword: debtceiling

Brevity: Headers | « Text »
  • Baby boomers are what’s wrong with America’s economy

    11/06/2015 8:07:55 AM PST · by MadIsh32 · 184 replies
    Washington Post ^ | 11/05/2015 | Jim Tankersley
    If anyone deserves to pay more to shore up the federal safety net, either through higher taxes or lower benefits, it’s boomers — the generation that was born into some of the strongest job growth in the history of America, gobbled up the best parts, and left its children and grandchildren with some bones to pick through and a big bill to pay. Politicians shouldn’t be talking about holding that generation harmless. They should be asking how future workers can claw back some of the spoils that the “Me Generation” hoarded for itself.
  • Paul Ryan: We Fully Expect to Exercise the Power of the Purse

    11/03/2015 6:50:58 PM PST · by Olog-hai · 50 replies
    Cybercast News Service ^ | November 3, 2015 | 11:38 AM EST | Susan Jones
    In the wake of the two-year budget deal the former House Speaker John Boehner negotiated with the Obama White House, Congress still needs to enact appropriations legislation to keep the government funded after the current continuing resolution expires on Dec. 11. When asked at a Tuesday press briefing whether the Republican House will put policy riders on that appropriations bill, newly House Speaker Paul Ryan said that Congress has the power of the purse and expects to use it. [] First up is a highway funding bill: "We're opening up the process," Ryan said, with "lots of amendments considered by...
  • Debt ceiling lifted, and the same day, debt jumps $339B

    11/03/2015 5:01:07 PM PST · by Beave Meister · 23 replies
    The Washington Examiner ^ | 11/3/2015 | PETE KASPEROWICZ
    The U.S. national debt jumped $339 billion on Monday, the same day President Obama signed into law legislation suspending the debt ceiling. That legislation allowed the government to borrow as much as it wants above the $18.1 trillion debt ceiling that had been in place. The website that reports the exact tally of the debt said the U.S. government owed $18.153 trillion last Friday, and said that number surged to $18.492 on Monday. The increase reflects an increasingly common pattern that can be seen in the total U.S. debt level when the debt ceiling is reached.
  • Budget Bill Gouges Social Security

    10/30/2015 2:59:40 PM PDT · by UncleRicosFootball · 43 replies
    Mike Lee Facebook Feed ^ | 10/30/2015 | Mike Lee Facebook Feed
    From Mike Lee's Facebook: This is how it happens. Last night while you were sleeping the Senate voted to steal $150 billion dollars from the Social Security Trust Fund. I joined 34 of my colleagues in a vote to prevent this raid. I would like to thank Senator Rand Paul for leading the fight to protect to Social Security from the thieves in Washington, who seem to think that if they steal from the American people at night while they are sleeping that they will get away with it. I was proud to vote with Senator Paul on his point...
  • Rand Filibusters the Debt Ceiling [Live Coverage]

    10/29/2015 12:34:23 PM PDT · by UncleRicosFootball · 38 replies
    C-SPAN ^ | 10/29/15 | C-SPAN
    Live right now
  • Rand Paul begins filibuster of debt ceiling increase bill; will last until 1am Friday morning

    10/29/2015 12:18:29 PM PDT · by WayneDupreeShow · 18 replies
    Youtube ^ | 10/29/2015 | Wayne Dupree
    I know Presidential candidate Rand Paul's campaign is failing but one thing he is good at and that is going after the left and right when it comes to fraud, waste and abuse by our government leaders. He's started a filibuster against the debt ceiling increase that will last until 1am ET Friday morning. He says, "then we will find out who the real conservatives are" I will be uploading clips throughout the day.

    10/29/2015 8:41:24 AM PDT · by TexasCajun · 6 replies
    NewsBusters.org ^ | Oct 29, 2015 | Bob Price
    Six Texas Republican representatives joined with the eleven Democrats in the state’s congressional delegation to vote in favor of the bill to raise the debt ceiling. Nineteen Texas Republicans voted nay in attempting to block the measure. On a national level, 79 Republicans joined with all 187 Democrat members of the House to pass the measure back to the Senate. Rep. Kevin Brady (R-TX)64% voted in favor of the bill with the Democrats, according to GovTrack.us. He announced this week that he seeks to replace Rep. Paul Ryan (R-WI)58% as chairman of the House Ways and Means Committee. Ryan is...

    10/28/2015 1:35:22 PM PDT · by Hojczyk · 101 replies
    Breitbart ^ | October 28,2015 | PAM KEY
    117 Wednesday, presumptive Speaker of the House Congressman Rep. Paul Ryan (R-WI)58% vowed things will be different under his leadership. Ryan said, This begins a new day in the House of Representatives. Rep. John Boehner (R-OH)37% served with humility and distinction and we owe him a debt of gratitude. But tomorrow we are turning the page. We are not going to have a House that looked like it looks the last few years. We are going to move forward. We are going to unify. Our party has lost its vision and we are going to replace it with a vision....
  • Washington just reached the mother of all budget deals of the Obama era

    10/27/2015 8:40:13 AM PDT · by SeekAndFind · 49 replies
    Business Insider ^ | 10/27/2015 | Brett LoGiurato
    It's not the ever elusive "grand bargain." But Washington may have solved almost all of its budget problems through the 2016 presidential election. Congressional leaders and the White House came to tentative terms on a major budget deal in the wee hours of Tuesday morning one that could stave off many of the fiscal land mines remaining through next year's election and beyond. Its passage is far from certain, but it will most likely be the final act for House Speaker John Boehner (R-Ohio) before he leaves Congress at the end of the week and hands over the role...
  • Ted Cruz: Meaningful Concessions Republican Leadership Should Receive in Debt Ceiling Fight

    10/26/2015 8:39:32 PM PDT · by Isara · 13 replies
    Daily Signal ^ | October 26, 2015 | David Brody
    Sen. Ted Cruz talks about the Debt Ceiling (video) Sen. Ted Cruz says Republican leadership should make sure it receives “meaningful concessions” in the upcoming fight over raising the debt ceiling. But he’s not holding his breath. “Unfortunately, Republican leadership approaches every battle preemptively surrendering saying we can get nothing,” Cruz tells The Daily Signal. The deadline to raise the debt ceiling is Nov. 3. President Barack Obama says he won’t negotiate on this issue but Cruz says that isn’t the history of debt ceiling fights. “The last 55 times Congress has raised the debt ceiling it has attached...
  • GOP votes scarce on debt-ceiling hike

    10/20/2015 11:44:04 AM PDT · by SeekAndFind · 16 replies
    The Hill ^ | 10/20/2015 | By Peter Schroeder
    Speaker John Boehner (R-Ohio) has his work cut out for him in passing a bill to raise the $18.1 trillion debt ceiling. The lame-duck Speaker needs to win 30 Republican votes to lift the governments borrowing limit, even if the entire House Democratic Caucus votes with him. Boehner was only able to pull 28 votes the last time the House approved a clean debt-ceiling increase and one-third of those lawmakers have since left Congress. Now Boehner is even weaker politically, and he has little time to act. Treasury Secretary Jack Lew has urged Congress to raise the debt limit...
  • Boehner likely to move on debt limit hike before departure

    10/14/2015 9:19:09 PM PDT · by Olog-hai · 32 replies
    Associated Press ^ | Oct. 14, 2015 4:21 PM EDT | Andrew Taylor
    House Speaker John Boehner is signaling that hell move must-do legislation to increase the governments borrowing cap before he leaves Capitol Hill. The statutory cap on the governments so-called debt limit needs to be raised by early November, the Congressional Budget Office said Wednesday, confirming a recent warning from the administration. Boehner himself has said that he doesnt want to leave a dirty barn for his successor, comments that have been widely interpreted as a promise that he would try to at least clear away the debt limit issue rather than saddle the next speaker with the task.
  • Boehner looking to move debt ceiling bill soon

    10/14/2015 12:41:50 PM PDT · by Alfred O. Bama · 23 replies
    Politico ^ | 10/14/15 | JAKE SHERMAN and ANNA PALMER
    House Speaker John Boehner is looking to move a bill to lift the debt ceiling before he leaves Congress, a tactic aimed at helping his successor, according to multiple sources with knowledge of internal party planning. Timing has not been decided, but the Treasury Department says the nation's borrowing limit needs to be raised by Nov. 5, and Boehner (R-Ohio) would like to resolve the issue before a new speaker is sworn in. Boehner expects to step down Oct. 30. His office declined to comment for this story....
  • Congress Declares Martial Law as Dollar Rapidly Collapsing: Living in Last Days of This Republic.

    10/09/2015 6:25:58 AM PDT · by HomerBohn · 24 replies
    SHTF Plan ^ | 10/8/2015 | Marc Slavo
    The debt ceiling issue is returning to the forefront in American politics, again threatening a government shutdown. Last time, the shutdown resulting in sequester for many agencies that suspended work for many government employees; a great deal of political theater dominated the news cycle; but ultimately, things returned to a basic normalcy. This time may be different, as a number of critical factors face Americans in 2015. Last week, Congress passed procedural martial law to address stop-gap spending as it faces the debt ceiling crisis again. Meanwhile, this quietly announced martial law forced a vote on bills the same day,...
  • Kabuki Debt Ceiling Nonsense

    09/25/2015 8:27:32 AM PDT · by Sean_Anthony
    Canada Free Press ^ | 09/25/15 | JACK PUGLIS
    Stocking Congress with progressive Republicans, who talk a conservative game but act in concert with progressive Democrats, is an excellent, ancient, tried-and-true strategy Its the Autumnal Equinox, the first day of fall. It just keeps coming around. So does the Kabuki Theater in congress over the debt ceiling, which will ultimately be raised. The show that accompanies the process will be characterized by the usual irrational plot, appalling acting, extremely competent Democrat propaganda and not much benefit for the nation. Republicans know very well that the Democrat propaganda machine has already revved up and is snorting and pawing at the...
  • Sleight of Hand

    07/11/2015 10:09:04 AM PDT · by Oldpuppymax · 9 replies
    Coach is Right ^ | 7/11/15 | Suzanne Eovaldi
    Many of us remember the histrionics on display by GOP members of Congress when they had to take positions and vote on hiking the countrys debt ceiling. Well, according to the following information, provided by someone who sounds very authentic, here is the legerdemain that went on in that closed door session of the uniparty in D.C. There are a number of details here that lead me to think this is a true account. You may certainly make up your own mind. The Congressmans name and state are deleted to protect his identity. That Tuesday, lunch began with our leadership...
  • The Federal Government Has Again Hit the Debt Ceiling. Now What?

    03/17/2015 7:10:35 AM PDT · by SeekAndFind · 20 replies
    The Blaze ^ | 03/17/2015 | Pete Kasperowicz
    While you were sleeping... The final debt figure for today will come out later this week, its expected to be a limit of about $18.2 trillion. But the government has some wiggle room for handling its debt situation while Congress considers whether and how to raise the debt ceiling, a process that could still take months to sort out. Most importantly, the Treasury Department can use extraordinary measures to cope with the debt, which are several tools the government has used before when up against its borrowing limit. For example, Treasury Secretary Jacob Lew told Congress on Friday that as...
  • What If Future GOP Prez Played By Obama Rules? (Good read)

    02/25/2014 3:31:19 PM PST · by jazusamo · 57 replies
    Creators Syndicate ^ | February 26, 2014 | Joseph Farah
    Among the many constitutional outrages President Barack Obama has perpetrated on the country is unilaterally amending legislation duly passed by Congress with a stroke of the pen. He's done it several times now with Obamacare alone, perhaps thinking that since the monstrous law has been dubbed with his name, he has the power to change its terms. The latest example is his decision to delay for three more years the penalty for employers not complying with the law. Now think about this. If Obama has the power to delay certain provisions of the law for three years, would his successors...
  • Debt-Ceiling Surrender: Republicans use Senate rules to play a con game on the folks back home.

    02/22/2014 10:44:40 PM PST · by neverdem · 20 replies
    National Review Online ^ | February 22, 2014 | Andrew C. McCarthy
    Its a sad day in the history of the Senate, Mitch McConnell bitterly announced. The minority leader wanted Americans to know, or at least to believe, that Republicans were outraged by what he called the Democratic majoritys power grab detonation of the so-called nuclear option, exploding the minoritys ability to block presidential nominees. In truth, the GOP had not done much of anything to oppose Obama picks. Eric Holder, to take just one example, was confirmed by a whopping 7521 margin with 19 Republican yeas despite the Mark Rich scandal, the FALN terrorist pardons, and a history...
  • Double-dipping? TX lawmakers receive state retirement payments while serving in Congress (Cornyn)

    02/21/2014 9:06:46 AM PST · by jimbo123 · 45 replies
    Houston Chronicle ^ | 7/1/13 | Sarah Ferris
    A dozen members of the Texas congressional delegation reaped state retirement benefits while collecting their federal paychecks over the last two years a much higher rate than other states lawmakers. Thirty-five percent of the 34-member delegation reported dipping into state pension funds in 2012 or 2011, according to recently filed financial disclosure forms. That is nearly twice the one-fifth of all members of Congress members who reported drawing public retirement benefits last year, according to an analysis by the National Journal released Friday. Texas Sen. John Cornyn dipped into three retirement funds in 2010 more than any other...
  • U.S. Senator visits high school students (Cornyn lectures students on debt...)

    02/21/2014 7:06:34 AM PST · by jimbo123 · 6 replies
    Fox Lubbock ^ | 2/ | Fox Lubbock
    The financial future of Estacado High School students looks much brighter. Senator, John Cornyn, was on hand for the showcase of a financial literacy program. The curriculum uses video, animations, gaming and social networking to teach students money management principles. Cornyn said the program, Ever-Fi, teaches the basics of how to have a productive and functional life. "Learning these tools will prepare students to go to the college of their choice and to make sure they don't get in trouble by incurring debt that they can't repay," he said.
  • US Senator Makes Stop at Estacado High School (Cornyn)

    02/20/2014 3:47:05 PM PST · by jimbo123 · 6 replies
    Everything Lubbock ^ | 2/20/14 | Ashley Hinson
    LUBBOCK, TX-- US Senator John Cornyn took a break from the capitol grind Thursday to meet with students at Lubbock ISD and to share his thoughts on the upcoming primary election. "It's good to be back home," said Cornyn The senator visited Estacado High School to showcase a new web-based program that helps students make wise financial decisions. "Part of this curriculum is even being taught at the elementary school level is pretty amaznig because these are things people need to learn you might call them life skills," Cornyn said. It's a program Cornyn said congress could even benefit from....
  • Sen Cornyn and the calculus of faux opposition

    02/19/2014 8:53:49 AM PST · by jimbo123 · 9 replies
    Red State ^ | 2/12/14 | Member Diary
    First, men - a reminder: Get your woman something for Valentines Day. Flowers, chocolate, a diamond ring, whatever it takes. Show your love. Even if you are a dishonest scoundrel, do that. Especially if you are a dishonest scoundrel, do that, it might get your mistakes forgiven. Maybe that is why scoundrels sometimes learn to be good at the do something bad, then make a big display of some small token of goodness to cover the tracks. Which kinds of reminds me of our scoundrels in DC, coming home and saying See, I brought flowers and we are wondering What...
  • Cornyn to showcase financial literacy curriculum at Estacado HS

    02/17/2014 5:40:31 PM PST · by jimbo123 · 11 replies
    Lubbock Avalanche Journal ^ | 2/17/14 | A-J MEDIA
    U.S. Senator John Cornyn will visit Estacado High School this week to showcase a new web-based financial literacy curriculum. The curriculum, which was underwritten by Prosperity Bank, uses the latest in new media technologies, including video, animation, 3-D gaming, avatars and social networking, according to a news release from the Lubbock Independent School District. The program is designed to bring complex financial concepts to life for todays digital generation. It will assist hundreds of students each year in understanding money management principles.
  • The Cowards Conundrum (Cruz, McConnell, Cornyn)

    02/16/2014 6:20:58 PM PST · by xzins · 14 replies
    Red State ^ | February 15th, 2014 | Erick Erickson
    Senators Mitch McConnell and John Cornyn say they put the country first. The debt ceiling needed to be raised. Ted Cruz opposed raising it. So McConnell and Cornyn voted to shut down Ted Cruz. They voted to cut off debate on raising the debt ceiling so that it could be raised. McConnell and Cornyn have both been very clear about this. John Cornyn told the Austin American-Statesman I think it would have been bad for the economy, bad for the American people, and I dont think it would have been good politics either. Mitch McConnell declared it his job to...
  • Ted Cruz's Ego Trip Carries a High Cost (obvious dem talking point has been issued)

    02/16/2014 3:06:09 PM PST · by Reddy · 59 replies
    The Washington Post ^ | February 14th | Dana Milbank
    Very few Americans know how close the country came to catastrophe this week. The final tally shows that the Senate voted by a wide margin Wednesday, 67 to 31, to break Sen. Ted Cruzs filibuster of an increase in the debt limit, thus avoiding a default on the United States full faith and credit. But 15 minutes after the voting should have ended, Senate Leader Mitch McConnell had apparently secured only two of the five Republican votes he needed to join all 55 members of the Democratic caucus to pass the measure. He raised three fingers in the air and...
  • Why Republicans Are Surrendering on the Debt Ceiling

    02/15/2014 8:05:15 AM PST · by detective · 9 replies
    The Atlantic ^ | Feb 11 2014 | Molly Ball
    The first wave of Tea Party lawmakers strode into Congress in 2011 on a wave of denial and anger. They were angry at President Obama and business as usual in Washington. But they were also in denial about their poweror rather powerlessnessto change it. Three years later, the right-wingers have progressed through the stages of grief (which are not real, incidentally, when it comes to grieving). Now, in the debt-ceiling debate currently under way in Washington, we have proof theyve reached the final stage: acceptance.
  • A Vision to Unite America

    02/14/2014 10:03:13 AM PST · by gooblah · 6 replies
    Most of the political worlds attention this week was focused on Speaker John Boehners decision to let President Obama continue borrowing without limit until next March. Speaker Boehners decision to break with his conference and break with his own dollar-for-dollar rule in raising the debt limit shows that the House GOP conference is without leadership today. While this should strike fear in all who hope to see a conservative governing majority by 2017, Heritage Actions Conservative Policy Summit showed that there is a path out of the wilderness, if only Washingtons political class can find the courage to...
  • Opportunity for Tradeoff in Debt Ceiling Increase Squandered by Tea Party Inflexibility on Vote

    02/13/2014 4:50:31 PM PST · by LD Jackson · 19 replies
    Political Realities ^ | 02/13/14 | Mike Miller
    If you follow an all or nothing strategy you usually end up with nothing!I was very disappointed that both Speaker Boehner (R-OH) and Senate Minority Leader Mitch McConnell(R-KY) both caved on efforts to exact a compromise from Obama for a debt ceiling increase. I had hoped that attaching approval of the Keystone pipeline would force Obama to accept this worthy and environmentally safe project and help create tens of thousands of new good paying jobs for Americans. But Tea Party Republicans in the House refused to vote for ANY increase in the debt ceiling. Had Speaker Boehner brought up a...
  • Whos Lost Credibility Now? House leadership abandoned all promises on spending restraint

    02/13/2014 11:44:59 AM PST · by Cincinatus' Wife · 18 replies
    National Review ^ | February 13, 2014 | Chris Chocola,Chris Chocola, a former congressman from Indiana, is the pres of the Club for Growth
    When Speaker of the House John Boehner said that conservative groups like the Club for Growth have been misleading their followers and have lost all credibility, I didnt pay much attention to it. After all, members of Congress are constantly saying the Club doesnt matter even though its belied by the facts: Since 2006 the Clubs PAC has helped nearly 50 endorsed candidates get elected to Congress. Some of the partys brightest stars senators Marco Rubio of Florida, Pat Toomey of Pennsylvania, and Ted Cruz of Texas, congressmen Ron DeSantis of Florida and Justin Amash of Michigan ...
  • Cruz Debt Ceiling Move Puts Republicans, Red-State Democrats On the Spot

    02/13/2014 7:13:57 AM PST · by Qbert · 31 replies
    National Review ^ | FEBRUARY 12, 2014 | Andrew Stiles
    Texas firebrand spews out lukewarm senators in both parties The debt ceiling fight in Congress has revived internal GOP tensions still lingering in the wake of last years government shutdown. After the House of Representatives passed a clean debt-limit increase without any spending cuts attached, Senator Ted Cruz (R., Texas), whose 21-hour Obamacare filibuster preceded the government shutdown, announced that he would block any effort to pass the measure by simple majority vote in the Senate. If you ask anybody outside of Washington whether we should keep increasing the debt ceiling without fixing the underlying problem of out-of-control spending,...
  • Senate Works Its Magic, Hands Democrats Debt Ceiling Increase Through Mid-Term Elections

    02/13/2014 3:47:45 AM PST · by LD Jackson · 19 replies
    Political Realities ^ | 02/13/14 | LD Jackson
    The more things change, the more they stay the same. Is there any end to this debauchery?By now, we all know President Obama has received a bill that raises the debt ceiling through the mid-term elections. After all, we can't have another fight like this when our politicians have better things to worry about. Such as winning another term. The House Republican leadership (I refuse to say House Republicans because some of them stayed the course and voted against this nonsense) capitulated earlier, voting to raise the debt ceiling and sending the bill to the Senate for approval. As seems...
  • Tea party tees off on McConnell after debt vote

    02/13/2014 12:49:56 AM PST · by Olog-hai · 21 replies
    Associated Press ^ | Feb. 13, 2014 3:19 AM EST | Donna Cassata
    The tea party is teeing off on Senate Republican leader Mitch McConnell. Matt Bevin, who is challenging McConnell in the GOP primary in Kentucky, seized on the senators vote Wednesday to move ahead on legislation to increase the nations debt limit, describing it as a blank check for President Barack Obama. The tea party-backed businessman and conservative groups signaled they wont let Senate Republican incumbents forget the vote this election year. Kentucky and America can literally no longer afford such financially reckless behavior from the likes of Mitch McConnell, Bevin said in a statement.
  • Ted Cruz Just Made Life Miserable for Republican Leaders Once Again

    02/12/2014 7:27:11 PM PST · by cotton1706 · 59 replies
    theatlantic.com ^ | 2/12/14 | David Graham
    Way back in early February, we heard that Ted Cruz had decided to start playing nice with his fellow Republicans. What a difference 10 days make. After Speaker John Boehner moved Tuesday to pass a "clean" debt-ceiling increase, relying on Democratic votes in the House, it looked like the increase could have an easy path through the Democratic-controlled Senate. Treasury Secretary Jacob Lew said the nation would hit the debt limit at the end of the month, and with Congress on recess until February 25, Wednesday's vote was almost do or die. But the freshman senator from Texas had other...
  • The Word That Changed the Debt Ceiling Debate ("Default")

    02/12/2014 5:06:51 PM PST · by Timber Rattler · 5 replies
    Politico ^ | February 11, 2014 | DOUG HATTAWAY and STEVE PIERCE
    When Treasury Secretary Jack Lew recently gave notice that the federal government would once again hit the debt ceiling in February, the response from congressional Republicanswho twice took the nation to the brink of defaultwas decidedly muted. The official line? We believe that defaulting on our debt is the wrong thing, says House Speaker John Boehner (R-Ohio). We dont want to do that. On Tuesday, the House duly voted to raise the debt limit without conditions, sending the action over to the Senate. This move represents a 180-degree turn from the previous strategy of trying to extract concessions from Democrats...
  • The Minority Maker, Ted Cruz hurts his party by forcing a meaningless debt-ceiling vote

    02/12/2014 4:40:17 PM PST · by Oldeconomybuyer · 42 replies
    Wall Street Journal ^ | February 12, 2014 | Editorial
    The Senate passed the House debt-limit increase on Wednesday, but not before some needless drama that helps to explain why Republicans remain a minority. Democrats had enough votes to pass the increase with a simple majority, which means they would have owned the debt increase. But then Senator Ted Cruz the same fellow who planned the GOP's shutdown fiasco in Octoberobjected on the floor and insisted on a 60-vote majority. This is exactly what Democratic leader Harry Reid wanted because if the bill failed he would have sent the Senate home on recess and returned later this month to join...
  • Senate passes debt-ceiling plan in blow to tea party (Ted Cruz's attempted filibuster denied)

    02/12/2014 2:29:22 PM PST · by SeekAndFind · 63 replies
    CNN ^ | 02/12/2014 | Tom Cohen
    Washington (CNN) -- The Senate voted Wednesday to avert at least one chronic Washington political crisis for more than a year. With a snowstorm bearing down on the capital, it approved a House-passed measure that allows the government to borrow more money to pay its bills through March 2015. The White House signaled that President Barack Obama would sign the legislation, so the Senate vote was the last hurdle to resolving the debt ceiling issue until after the November congressional elections. Wednesday's result was a blow to tea party conservatives who oppose any kind of increase in federal borrowing. Filibuster...
  • Cruz: Todays vote shows both parties arent listening to the American people

    02/12/2014 2:33:39 PM PST · by jimbo123 · 28 replies
    Sen Ted Cruz Press Office ^ | 2/12/14 | Ted Cruz
    WASHINGTON, DC -- U.S. Sen. Ted Cruz, R-Texas, released the following statement regarding todays debt ceiling vote: "Today's vote is yet another example that establishment politicians from both parties are simply not listening to the American people. Outside the beltway, Americans of all political stripes understand that we cannot keep spending money we don't have. "Some members of Congress care so much about being praised by the Washington media that they're willing to mortgage our children's future. They pretend we don't have a problem and can just kick the can down the road. "Let's be clear about the motive behind...
  • Nancy Pelosi to Dems: 'Don't Gloat' After Debt Ceiling Rout

    02/12/2014 2:32:10 PM PST · by 2ndDivisionVet · 20 replies
    Breitbart's Big Government ^ | February 12, 2014 | Tony Lee
    (VIDEO-AT-LINK) Before the House voted to raise the debt ceiling without any spending reductions or restorations of the military pension cuts Tuesday, House Minority Leader Nancy Pelosi (D-CA) reportedly warned her members not to act like Seattle cornerback Richard Sherman and taunt the "mediocre" GOP leadership for caving. According to the Washington Post, though Pelosi remained coy before the vote about whether she could deliver enough Democrats to pass the the clean debt increase, behind closed doors Pelosi and her lieutenants "instructed rank-and-file members, 'dont gloat, take it in stride and hang together.'" In the end, House Speaker John Boehner...
  • Senate advances debt hike after McConnell, GOP leaders vote yes - members give leaders cover

    02/12/2014 12:06:42 PM PST · by Cincinatus' Wife · 18 replies
    The Hill ^ | February 12, 2014 | Ramsey Cox
    The Senate narrowly approved a procedural motion Wednesday to end debate on a bill that raises the debt ceiling, with GOP Leader Mitch McConnell (Ky.) and his top lieutenant Sen. John Cornyn (Texas) providing the key votes. Sixty votes were needed to clear the procedural hurdle because of a filibuster by Sen. Ted Cruz (R-Texas), who like other Republicans was deeply disappointed the House bill included no spending curbs. The 67-31 cloture vote took more Senate time than usual, highlighting the arm-twisting going on behind closed doors, as few Republicans wanted to be seen as casting the deciding vote for...
  • Nancy and Johnny were Sweethearts (Happy Valentines Day, you crazy kids!)

    02/12/2014 11:34:31 AM PST · by Noremac · 9 replies
    Blasted Fools ^ | February 12, 2014 | Richard Cameron
    I guess I don't need to tell you what John Boehner can kiss next! No, on second thought, I wouldn't want either one of their DNA - even on my... The image that you just saw, had such a visceral impact on me that I had to spontaneously react to it. First of all, this really should come as no surprise to anyone among us that have been awake during this whole nightmare. I've written over and over, how the alleged 'two party system' at it's core, is a charade - a phony pageant. It is a bit of theatre...
  • Reid calls on Senate Republicans to reject 'Tea Party overlords'

    02/12/2014 11:12:42 AM PST · by cotton1706 · 49 replies
    thehill.com ^ | 2/12/14 | Ramsey Cox
    Senate Majority Leader Harry Reid (D-Nev.) on Wednesday said he hoped enough Republicans would reject their "Tea Party overlords" to advance a bill to raise the debt ceiling. The Nevada Democrat announced Wednesday the Senate would vote to end debate on the bill around 1:45 p.m. If cloture is invoked, the Senate will then move immediately to final passage of a bill that the House passed Tuesday to raise the debt ceiling until March 2015, with no strings attached. The bill raises the debt ceiling until March 15, 2015, which would allow the government to continue borrowing above the current...
  • [Peter] King [(R-N.Y.)] blasts 'morons' in Republican Party

    02/12/2014 11:05:35 AM PST · by PaulCruz2016 · 68 replies
    The Hill ^ | 02-12-2014 | Mario Trujillo
    Rep. Peter King (R-N.Y.) defended Speaker John Boehner (R-Ohio) on Wednesday after the House passed a clean debt-limit bill that raised the ire of conservatives. King branded as morons many conservatives in the GOP caucus who consistently oppose any effort to pass the debt limit, asserting they are the same faction that led to the government shutdown last year. This is the same group that back in September and October went into a government shutdown that everybody knew was a disaster, King said on MSNBC. They ended up looking like morons following Ted Cruz over the cliff. King had been...
  • GOP struggles to find 'yes' debt votes (Cornyn doesn't have enough GOP cloture votes for Reid)

    02/12/2014 10:49:28 AM PST · by jimbo123 · 113 replies
    The Hill ^ | 2/12/14 | Erik Wasson and Peter Schroeder
    Republicans in the Senate are struggling to come up with the five votes they'd need to ensure passage on Wednesday of a House bill raising the debt ceiling. The measure is likely to win support from the upper chamber's 53 Democrats and the two Independents that caucus with Democrats. But only one Republican, Sen. Mark Kirk (Ill.), has so far said he would back the bill. The measure needs 60 votes because Sen. Ted Cruz (R-Texas) is filibustering the bill over the lack of spending reforms attached to it. Kirk told The Hill the vote would be close. I think...
  • U.S. Senate to speed up debt limit vote ahead of winter storm (Cornyn cloture crapweasel alert)

    02/12/2014 9:56:49 AM PST · by jimbo123 · 14 replies
    Reuters ^ | 2/12/14 | Reuters
    The U.S. Senate could approve a one-year extension of the U.S. debt limit by mid-afternoon on Wednesday after Republicans and Democrats agreed to shorten debate time ahead of an approaching snowstorm, Senate Majority Leader Harry Reid said. The Democratic-controlled Senate at 1:45 p.m. (1845 GMT) will take a procedural vote on the "clean" debt ceiling hike passed on Tuesday by the House of Representatives, where Republicans hold the majority. Should the legislation receive the required 60 votes to advance, the Senate will move immediately to a final vote on the measure, said Reid, a Democrat. The vote would likely occur...
  • Ted Cruz Will Force Some Republicans to Vote Yes on Debt Ceiling (Cornyn whipping GOP cloture votes)

    02/12/2014 8:51:36 AM PST · by jimbo123 · 28 replies
    National Journal ^ | 2/11/14 | Elahe Izadi
    Sen. Ted Cruz is about to make life a little more difficult for his Republican "friends." The Texas Republican plans to object to a simple-majority, up-or-down vote on the debt ceiling, his office confirms. The clean debt-ceiling bill will then need 60 votes to pass the Senate, meaning at least five Republicans will have to join the entire Democratic caucus for it to pass. Much of the saga over the debt ceiling has played out in the Republican controlled-House. But the Senate may not be without its own bit of drama. An aye vote on the debt-ceiling increase isn't exactly...
  • Boehner Exits Press Conference Singing 'Zip-a-Dee-Doo-Dah'

    02/12/2014 8:39:06 AM PST · by ColdOne · 36 replies
    breitbart.com ^ | 2/11/14 | Breitbart TV
    After House Speaker John Boehner (R-OH) announced Tuesday that the vote on an increase of the debt ceiling would have no strings attached he exited by signing "Zip-a-Dee-Doo-Dah" from the Disney 1946 movie "Song of the South"... to short to excerpt
  • U.S. House approves 'clean' debt limit after Republicans drop demands (Cornyn needs 5 GOP votes!)

    02/12/2014 8:39:44 AM PST · by jimbo123 · 7 replies
    Reuters ^ | 2/12/14 | DAVID LAWDER AND RICHARD COWAN
    The U.S. House of Representatives narrowly approved a one-year extension of federal borrowing authority on Tuesday after Republicans caved into President Barack Obama's demands to allow a debt limit increase without any conditions. -snip- The Democratic-controlled Senate was likely to begin consideration of the measure on Wednesday. But Republican Senator Ted Cruz, a conservative Tea Party favourite, said on Tuesday night he would insist on a 60-vote threshold for the debt ceiling measure to pass the Senate. That would mean at least five Republicans would need to join the Democrats, who control 55 votes, for the measure to pass the...
  • How they voted: 1 Michigan Republican voted for 'clean' debt ceiling bill (Dave Camp)

    02/12/2014 8:34:11 AM PST · by Darren McCarty · 7 replies
    Mlive ^ | 2-12-2014 | Fritz Klug
    The Republican-controlled U.S. House passed a bill to extend the nation's debt ceiling without any conditions until March 2015. The bill passed 221 to 201 on Tuesday, with only 28 Republicans voting yes and two Democrats voting no. Of those 28 Republicans, one was from Michigan: U.S. Rep Dave Camp, R-Midland. The vote comes after several years of political debate about raising the debt ceiling. Republicans have wanted to cut spending and not raise the amount of money the nation can borrow while Democrats have said it's important for the country's financial standing to continue to fund previously made obligations....
  • The Word That Changed the Debt Ceiling Debate

    02/12/2014 5:47:31 AM PST · by lbryce · 9 replies
    Politico Magazine ^ | February 11, 2014 | DOUG HATTAWAY and STEVE PIERCE
    When Treasury Secretary Jack Lew recently gave notice that the federal government would once again hit the debt ceiling in February, the response from congressional Republicanswho twice took the nation to the brink of defaultwas decidedly muted. The official line? We believe that defaulting on our debt is the wrong thing, says House Speaker John Boehner (R-Ohio). We dont want to do that. On Tuesday, the House duly voted to raise the debt limit without conditions, sending the action over to the Senate. This move represents a 180-degree turn from the previous strategy of trying to extract concessions from Democrats...