Declaring Victory? Not Quite Yet
The House postponed a Thursday night vote on Speaker John Boehner's plan to raise the federal borrowing limit after he failed to stem a revolt by conservative GOP members. The delay leaves the credit status of the U.S. government in jeopardy with five days remaining before it begins running out of money to pay all its bills
The development came after a two-hour debate on the bill was abruptly ended earlier in the evening. Mr. Boehner, knowing that a rejection could undermine his speakership, then joined other House GOP leaders in trying to pressure party members to reconsider their opposition.
Those efforts fell short and it wasn't clear if the vote would be rescheduled. But the development appeared to hand the initiative for the moment to Senate Majority Leader Harry Reid (D., Nev.), who is pushing an alternative version of the debt bill.
House Republicans and Senate Democrats planned to meet Friday morning at 10 a.m. to plan strategy. Republicans will figure out whether, and how, they can move forward.
- Rep. Nancy Pelosi – “We’re trying to save life on this planet as we know it today.”
- Rep. Nancy Pelosi – “They want to destroy your rights.”
- Sen. Harry Reid – “The time for ideological extremism should end.”
- Rep. Rangel – “These people don’t care about our country.”
- Comm. Director Dan Pfeiffer – “…could potentially put us towards a depression because House Republicans…are unwilling to compromise.”
- DNC Chair Debbie Wasserman-Schultz – “This is almost like dictatorship.”
- Rep. Garamendi (D-CA) – “They basically want to terminate the American Dream.”
- Rachel Maddow – “shameless, craven, unprincipled, partisan hackery”
This entry was posted on at 12:10 AM and is filed under budget cutting, John Boehner, the right. You can follow any responses to this entry through the RSS 2.0. You can