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Thread: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

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    Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    The House vote on Boehner's debt ceiling plan has been postponed. Some are speculating that the reason for the postponement is that Boehner doesn't have enough votes to pass it. It looks like the Tea Party is eating the Republican party alive. Perhaps Boehner will have to be a little more moderate and try to pass a plan that can get the support of some Democrats.

    John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    WASHINGTON -- House GOP leadership announced abruptly on Thursday evening that they were suspending a vote on Speaker John Boehner's (R-Ohio) debt ceiling proposal, signaling in the process that the GOP lacked the votes to pass the package.

    The news came just minutes before party leadership was set to hold a 5:30 p.m. vote on the proposal, which would cut roughly $915 billion in spending over the next ten years but only raise the debt ceiling through the end of the calendar year.

    Congressional aides were scrambling to figure out just when the vote would be rescheduled for -- the House for now will consider eight smaller measures first -- but a spokesman for House Majority Leader Eric Cantor (R-Va.) said that a vote on Boehner's proposal would still take place on Thursday night.

    Whether that is enough time for the Speaker to convince a few more Republicans to support him is unclear. Informal whip counts had 25 Republicans and the full Democratic caucus opposing the measure, which would put it short of the 216 votes needed for passage.


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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Apparently the votes aren't there. I'm thinking he was counting on the Blue Dogs.


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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Quote Originally Posted by rocket88 View Post
    Apparently the votes aren't there. I'm thinking he was counting on the Blue Dogs.
    No, he wasn't counting on the bluedogs. There aren't many left anyway. He thought he could pass this ultra-right piece of **** plan by appealing to the Tea Party, but it wasn't far-right enough for the insane Tea Party caucus. He may need Dems now. But he'll have to change that plan quite a bit for their support


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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Looks like the Boehner shrunk and withered on this one.
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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Quote Originally Posted by haymarket View Post
    Looks like the Boehner shrunk and withered on this one.
    Boehner's days as SOTH are numbered. The once proud Republican party has regressed to a group of ignorant thugs. The Republicans will learn to despise the teabaggers.

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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Although those who stood against the Boehner bill may feel that they demonstrated strength in doing so, regardless of whether the legislation is salvaged later today, the Speaker's negotiating leverage has been damaged. He is in a weaker position and that weakness will have consequences for the Republicans. No amount of spin can mask the weakness that was exposed by the events in the House. No amount of spin can prevent that weakness from being exploited.

    As legislation will require a greater number of Democratic votes to pass the House due to the need to write off the hardliners and also compensate for other Republicans who could be lost in seeking to bring Democrats on board, even greater concessions to the Democratic Party position will likely be needed than would otherwise have been the case in any compromise vehicle. More than likely, that will translate into less 10-year budget savings, which continue to be whittled down from the approximately $3.7 trillion figure that had been within reach. The irony will be that some of the very Congressmen who claimed to want far more deficit reduction will, by overreaching, have paved the way for much less deficit reduction than would otherwise have been the case. In turn, that development will increase prospects of a credit rating downgrade for the U.S., which would lead to higher interest costs and perhaps completely wipe out any of the savings in the compromise legislation. Very likely, the net 10-year savings after considering higher interest expenses may well fall short of $1 trillion in a best case scenario.

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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Fact ... The federal tax revenues are at their lowest level in decades!

    Most of our deficit problem is caused by the unfunded Bush tax cuts, two unfunded major wars, and other unfunded Republican spending such as the Medicare prescription drug program designed for big Pharma and whisked through by republicans.

    We are down to ... forcing Medicare recipients to pay more for health care out of their own pockets or minimal raise in taxes on the wealthiest citizens ... come on!

    Seriously ... when the middle class watches their 401k evaporate after next week ... all for this political grandstanding by Republicans.

    Republicans are playing a wicked game as the expense of our country and the middle class.

    The politicians salaries, healthcare benefits, and retirement should be at the bottom of the list to be paid if this country defaults!
    Last edited by Turin; 07-29-11 at 03:55 AM.

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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Quote Originally Posted by Dion View Post
    Fact ... The federal tax revenues are at their lowest level in decades!
    That's because employment is at its lowest level in decades. Millions out of work = much less tax revenue.

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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Quote Originally Posted by Sgt Meowenstein View Post
    The House vote on Boehner's debt ceiling plan has been postponed. Some are speculating that the reason for the postponement is that Boehner doesn't have enough votes to pass it. It looks like the Tea Party is eating the Republican party alive. Perhaps Boehner will have to be a little more moderate and try to pass a plan that can get the support of some Democrats.
    You can say that about the Tea Party and Republicans.

    But Obama ain't exactly getting the heros welcome from the democrats in congress either.

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    Re: Breaking: John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

    Quote Originally Posted by rocket88 View Post
    Apparently the votes aren't there. I'm thinking he was counting on the Blue Dogs.
    There was nothing in it for the Blue Dogs to vote with the GOP this time since the great majority of polls have shown the majority of voters agree with the balanced approach of cutting spending and eliminating the tax breaks for the wealthy.
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