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Keyword: debtceiling

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  • 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
    ‘It’s 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 majority’s “power grab” — detonation of the so-called nuclear option, exploding the minority’s 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 75–21 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 Valentine’s 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 today’s digital generation. It will assist hundreds of students each year in understanding money management principles.
  • The Coward’s 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 don’t 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 Cruz’s 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 power—or rather powerlessness—to 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 they’ve 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 world’s attention this week was focused on Speaker John Boehner’s decision to let President Obama continue borrowing without limit until next March. Speaker Boehner’s 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 Action’s Conservative Policy Summit showed that there is a path out of the wilderness, if only Washington’s 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...
  • Who’s 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 didn’t pay much attention to it. After all, members of Congress are constantly saying the Club doesn’t matter — even though it’s belied by the facts: Since 2006 the Club’s PAC has helped nearly 50 endorsed candidates get elected to Congress. Some of the party’s 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 year’s 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 senator’s vote Wednesday to move ahead on legislation to increase the nation’s debt limit, describing it as a blank check for President Barack Obama. The tea party-backed businessman and conservative groups signaled they won’t 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 Republicans—who twice took the nation to the brink of default—was decidedly muted. The official line? “We believe that defaulting on our debt is the wrong thing,” says House Speaker John Boehner (R-Ohio). “We don’t 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 October—objected 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: Today’s vote shows both parties aren’t 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 today’s 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, 'don’t 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 Republicans—who twice took the nation to the brink of default—was decidedly muted. The official line? “We believe that defaulting on our debt is the wrong thing,” says House Speaker John Boehner (R-Ohio). “We don’t 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...
  • Complete List of Republicans Who Voted in Favor of Clean Debt-Ceiling Hike

    02/11/2014 5:23:20 PM PST · by therightliveswithus · 15 replies
    Pundit Press ^ | 2/11/14 | Aurelius
    In the Republican-controlled House, a mere 28 Republicans voted in favor of a clean debt-ceiling hike. And it passed. So when did John Boehner become a Democrat? On second thought, don't answer that question. Here is a complete list of Republicans who voted in favor of the bill: Boehner Calvert Camp Cantor Coble Collins Dent Fitzpatrick Grimm Hanna Hastings (WA) Issa King (NY) LoBiondo McCarthy(CA) McKeon Meehan Miller Nunes Reichert Rogers(KY) Roskam Royce Runyan Shimkus Smith(NJ) Valadao Wolf
  • Fractured House approves debt ceiling hike--‘Clean’ bill drops all GOP demands

    02/11/2014 3:03:10 PM PST · by jazusamo · 37 replies
    the Washington Times ^ | February 11, 2014 | Stephen Dinan
    The House passed a “clean” debt ceiling increase Tuesday granting President Obama power to borrow as much as the government needs for the next 13 months, after House Republican leaders surrendered their longstanding vow to demand concessions in exchange for any debt hike. Unable to muster his own troops, GOP Speaker John A. Boehner had to turn to Democrats to provide the votes to pass the legislation, which cleared on a 221-201 vote. The bill now goes to the Senate, which needs to pass it before the end of the month or else the Treasury Department says it will run...
  • The People's "Debt" Ceiling: Fire Boehner of Boycott 2014

    02/11/2014 12:49:58 PM PST · by xuberalles · 22 replies
    Self | 2/11/14 | Self
    Apparently a 17 trillion national debt, 50 million on welfare, and billions given away to illegal immigrants isn't enough to raise the ire of the Republican Party. Speaker Boehner and the GOP are once again preparing to raise the debt ceiling; a hardline, legislative stipulation designed to halt runaway spending that threatens our economic viability. And yet these are the hypocrites who claim conservatives, like the Tea Party, are the real problem. Sorry, John, but sound fiscal principles – like having a balanced budget in order to avoid massive debt, inflation, a crumbling private sector and a worthless currency –...
  • IT'S OFFICIAL: Obama Has Completely Dismantled The Debt Ceiling As A Political Weapon

    02/11/2014 11:18:31 AM PST · by NormsRevenge · 34 replies
    Yahoo Finance ^ | 2/11/14 | Brett LoGiurato - Business Insider
    If there was any doubt after the government shutdown and last protracted battle over the debt ceiling, this cave from Republicans should make it clear: The debt ceiling is no longer a legitimate political weapon. House Speaker John Boehner will bring a "clean" debt-ceiling increase to the floor on Tuesday night. For Republicans, it completes an epic swing in positions from 2011, when they first made the debt-ceiling increase a major vehicle to try to force spending cuts from President Barack Obama and Democrats. Consider the swing: In 2011, Boehner established the rule in his namesake — "the Boehner rule,"...
  • Boehner might not have the votes for a “clean” debt-ceiling hike either

    02/11/2014 10:33:35 AM PST · by SeekAndFind · 34 replies
    Hotair ^ | 02/11/2014 | AllahPundit
    Yet. He might not have the votes yet. They’re not going to hit the ceiling with an election eight months away.But the fact that the Speaker himself, who rarely votes, feels he needs to lead by example this time shows you how reluctant the rest of the caucus is. Boehner says he has spoken with Pelosi about need for D votes, needs to find 18 R votes to help pass clean— Robert Costa (@costareports) February 11, 2014 Boehner will vote for clean hike, Cole says it'll be tough to get 17 more Rs, but thinks GOP can get there…— Robert...
  • Keeping Track of the Rule (debt ceiling vote)

    02/11/2014 8:49:32 AM PST · by cotton1706 · 1 replies
    redstate.com ^ | 2/11/14 | Erick Erickson
    House Republicans will vote to cleanly raise the debt ceiling today. They will do so relying on Democrat votes to make it happen. Many House Republicans will vote against raising the debt ceiling. But before they do that, they will vote for the rule related to the legislation. Each major piece of legislation has a rule that gets voted on setting out the parameters of debate, etc. If the rule passes, more often than not the legislation itself passes. Voting for the rule thereby enables the underlying legislation to pass. The Republicans get this and the House GOP will often...
  • GOP to Push 'Clean' Debt Ceiling Increase (Boehner got the call from the blackmailer again!)

    02/11/2014 8:14:00 AM PST · by cotton1706 · 11 replies
    breitbart.com ^ | 2/11/14 | Mike Flynn
    Just one day after unveiling a plan to link a lift in the debt ceiling to restoring cuts to military pensions, House Speaker John Boehner announced on Tuesday that he would push a "clean" debt ceiling increase. Under a "clean" bill, the nation's debt ceiling would increase without any corresponding spending cuts or policy changes. The new plan means Boehner likely will have to violate the long-standing "Hastert rule," where only legislation that has support from a majority of the GOP caucus is brought up for a vote. The "clean" debt ceiling increase will require a majority of Democrat support...
  • House GOP to Ditch Debt Limit Plan

    02/11/2014 7:06:00 AM PST · by kristinn · 12 replies
    Politico ^ | Tuesday, February 11, 2014 | Jake Sherman and John Bresnahan
    House Republicans are abandoning their plan to lift the debt limit and restore military pension cuts due to flagging support from the rank and file. The announcement was made Tuesday morning in a private GOP meeting.
  • Boehner and Cantor Declare No Debt Ceiling Increase Without Obamacare Delay and Keystone Approval

    02/11/2014 6:30:55 AM PST · by SharpRightTurn · 40 replies
    RedState.com ^ | February 11th, 2014 at 04:30 AM | Erick Erickson
    With the President delaying, again, parts of Obamacare, House Republican Leader Eric Cantor and Speaker John Boehner have declared they will not raise the debt ceiling unless the President does two things: (1) delay Obamacare by a year and (2) approve the Keystone XL Pipeline. In fact, Congressman Paul Ryan is standing shoulder to shoulder with them, telling Robert Costa, “Shutting down the government puts us on the wrong side. The fight is on the debt limit”. Further, the GOP won’t even bother fighting on a continuing resolution because they feel so strongly the debt ceiling is the path forward...
  • Lew: U.S. likely able to pay bills through Feb.27

    02/08/2014 9:40:46 AM PST · by mdittmar · 13 replies
    UPI ^ | Feb. 7, 2014 | UPI
    (UPI) -- U.S. Treasury Secretary Jack Lew Friday urged Congress to raise the federal borrowing limit to "provide certainty to the economy and to the financial markets."In a letter to House Speaker John Boehner, R-Ohio, Lew said the Treasury was implementing extraordinary measures to pay the government's bills as of Friday, with the expiration of a temporary suspension of the statutory debt limit that was part of the Continuing Appropriations Act of 2014 -- a compromise spending bill that led to the end to a government shutdown."Because Congress has not acted to approve normal borrowing authority, Treasury must begin implementing...
  • House Republicans eye possible debt limit vote next week

    02/07/2014 1:32:36 PM PST · by mdittmar · 16 replies
    Reuters ^ | Feb 7, 2014 | David Lawder
    (Reuters) - Republicans who control the U.S. House of Representatives have penciled in a possible vote next week on legislation to raise the debt limit, a sign that they are moving closer to deciding whether to try to attach conditions to any increase. House Majority Leader Eric Cantor on Friday left a spot open in his weekly House floor schedule for "possible consideration of the legislation related to the debt limit" on Wednesday.A temporary extension of the $17 trillion U.S. debt ceiling expires at midnight on Friday, forcing the U.S. Treasury Department to resort to extraordinary cash management measures to...
  • Boehner proposes linking debt-limit hike to a restoration of recent cuts to military benefits

    02/06/2014 10:24:39 AM PST · by C19fan · 10 replies
    Washington Post ^ | February 5, 2014 | Robert Costa
    House Speaker John A. Boehner scrambled to sell a new debt-ceiling solution to his Republican colleagues on Wednesday, encouraging them to demand a restoration of recently cut military benefits in exchange for a one-year extension of the federal government’s borrowing authority. Though Boehner (R-Ohio) did not formally endorse the idea as his own, he did ask his lieutenants to test it among rank-and-file ­Republicans.
  • Cruz to conservatives: Keep fighting for cuts in debt limit talks

    02/06/2014 10:06:48 AM PST · by SoConPubbie · 2 replies
    Washington Post ^ | February 4 at 5:36 pm | Ed O'Keefe and Robert Costa
    Sen. Ted Cruz (R-Tex.) urged conservative House Republicans on Tuesday to continue pushing GOP leaders to insist on spending reductions as any new agreement to raise the federal borrowing limit, putting him at odds with some conservatives who said earlier that doing so would just amount to “political theater.”“Of course the debt ceiling should be used to enact structural spending reforms to fix the problem, to fix the out of control spending and debt. That’s what all of our constituents expect and it’s what every member of this body tells our constituents we will do. I guarantee you,” Cruz said.The...
  • Boehner proposes linking debt-limit hike to a restoration of recent cuts to military benefits

    02/05/2014 7:49:41 PM PST · by SkyPilot · 23 replies
    The Washington Post ^ | 5 Feb 14 | Robert Costa
    House Speaker John A. Boehner scrambled on Wednesday to sell a new debt-ceiling solution to his Republican colleagues, encouraging them to demand a restoration of recently cut military benefits in exchange for a one-year extension of the federal government’s borrowing authority. Though Boehner (R-Ohio) did not formally endorse the idea as his own, he did ask his lieutenants to test it among rank-and-file Republicans. House Speaker John A. Boehner scrambled on Wednesday to sell a new debt-ceiling solution to his Republican colleagues, encouraging them to demand a restoration of recently cut military benefits in exchange for a one-year extension of...
  • John Boehner: 'Increase the Debt Ceiling'

    02/05/2014 9:34:04 AM PST · by ColdOne · 70 replies
    breitbart.com ^ | 2/5/14 | Wynton-Hall
    With just two days before America hits the debt ceiling deadline, Speaker John Boehner (R-OH) announced on Tuesday his desire to raise it. "The goal here is to increase the debt ceiling," said Boehner. "Nobody wants to default on our debt."
  • GOP’s “demands” for debt-ceiling hike: Approve Keystone or repeal the ObamaCare bailout program

    02/04/2014 1:34:38 PM PST · by SeekAndFind · 10 replies
    Hotair ^ | 02/04/2014 | AllahPundit
    These aren’t demands in the sense of “pass them or we’ll walk.” These are “demands” — scare quotes — in the sense of “we’re going to force Democrats to vote them down so we can use it against them in the midterms, and then we’re going to pass a clean debt-ceiling hike.”Boehner’s never been willing to risk a technical default before. He’s not going to start now, in an election year when the GOP’s looking at significant gains. Several House members told The Washington Post on Monday that Republican leaders have narrowed their list of possible debt-limit strategies to two...
  • US deficit to drop to $514B, lowest of Obama years

    02/04/2014 9:42:18 AM PST · by ColdOne · 22 replies
    cnsnews.com ^ | 2/4/14 | ANDREW TAYLOR,Ap
    WASHINGTON (AP) — The U.S. budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Barack Obama took office five years ago, a congressional report said Tuesday. The Congressional Budget Office credits higher tax revenues from the rebounding economy and sharp curbs on agency spending as the chief reason for the deficit's short-term decline. But the budget experts see the long-term deficit picture worsening by about $100 billion a year through the end of the decade because of slower growth in the economy than they had...