The Republicans won’t be happy until the US turns into a sister economy to Somalia, Afghanistan, North Korea or Yemen. You know, free reign for businesses, zero social spending, except to make sure religious zealots are in charge of bedrooms, while our national infrastructure totters on collapse. Here’s more proof:
To secure enough votes from his own members for his plan, Speaker Boehner is amending it to basically turn it into Cut, Cap, and Balance Lite.
Here’s the key new provision that is apparently going to win enough GOP votes to pass the bill:
The debt ceiling would be raised immediately but not by enough to get the government through next year. To get the second debt ceiling increase, House Republicans want a balanced budget constitutional amendment to pass both chambers first and be referred to the states.
(click here to continue reading Practically Delusional | Talking Points Memo.)
and from the NYT:
House Republicans muscled through a revised debt limit plan without a single Democratic vote on Friday night and headed toward a confrontation with the Senate, where Democrats were anxiously awaiting the newly passed measure so they could reject it. President Obama has also threatened to veto it.
About 24 hours after the first Republican proposal backed by Speaker John A. Boehner stalled, the House voted 218 to 210 to approve a plan that would increase the federal debt ceiling in two stages, with the second installment of $1.6 trillion contingent on Congressional approval of a Constitutional amendment requiring a balanced federal budget. The Constitutional amendment provision was added to attract conservatives who balked Thursday.
(click here to continue reading House Passes Boehner’s New Debt Plan – NYTimes.com.)
Dirty politics sullies all involved
So a Balanced Budget constitutional ammendment? Really? And what are the odds such a beast would pass into law? And how quickly? I did a little quickie research using Wikipedia and and a time and date calculator. The fastest amendment I found to pass was the 21st, which repealed the 18th Amendment (Prohibition). Even this took 289 days.
Others (I didn’t check all)
Bill of Rights: 533 days
13 Amendment (Emancipation): 608 days
16th Amendment (allows Congress to collect income tax, still in dispute by some zealots): 1,325 days
18th Amendment (Prohibition): 534 days
You get the idea – the GOP wants our economy to remain in a tailspin until at least the 2012 election, because political calculations trump governing the country.
and the Senate isn’t going along with this fake plan so quickly in any case:
The Senate has killed the latest effort by the House to raise the government’s borrowing cap.
Democrats and several Republicans killed the GOP measure by a 59-41 vote Friday night, just minutes after it arrived from the House. Democrats opposed the measure because it would require another painful debt-limit debate early next year.
(click here to continue reading Senate kills House debt limit bill – Chicago Sun-Times.)