Passed, 269-161 in favor of the bill. Democrats split 95-95, GOP split 174-66 with the majority voting for the bill.
Passed, 269-161 in favor of the bill. Democrats split 95-95, GOP split 174-66 with the majority voting for the bill.
About 80 votes came in within the final 30 seconds. I guess they needed all the time they could get to read the bill... :p
Do not click on this link:
The Great Debt Ceiling Debate | Havoc on the Hill
:eek: :rofl:Quote:
Originally Posted by Five-0
That is a great synopsis of what happened.... :doh: :p
The debt ceiling deal has been approved by the Senate and signed by President Obama! Woohoo! :heel No collapse of the world economy (for now)! :cheer2: Thanks to all of our very responsible politicians for saving the world from themselves! :grouphug: :hail: :worthy:
The Obama cash cow can once again be milked!
They didn't save a damn thing.
They also didn't cut a damn thing.Quote:
Originally Posted by Five-0
A cut is not a decrease in planned spending.
Quote:
Originally Posted by MacLean
It would take a while to explain base line budgeting. Don't know if I can type that much in one sitting anymore.
I understand baseline budgeting.Quote:
Originally Posted by Five-0
It requires funding for existing government service levels for the upcoming year over a ten year period.
We need to reduce government service levels in order to call it a cut, and the present action still allows for 5-7% growth in the budget per year.
I cannot imagine the free monthly checks and welfare receiving ANY significant attention. They'll start with the military.
I suppose it's just which article you wish to apply.
Fewer cops, more potholes: How debt deal could hit states hardest - Yahoo! News
Quote:
Taxpayers can expect larger class sizes, fewer police officers, and more potholes, says Jo Comerford, executive director of the National Priorities Project, a left-leaning non-profit that monitors government spending.
Quote:
“Medicaid will almost certainly be on the table,” says Ward. “The looming deficits are just too big to ignore, and too big to close with tax increases or military reductions alone.”