Debate on debt reduction in house delayed until Thursday, Boehner rewriting bill

[The Straight Story]

Fate of Boehner, Reid Debt Limit Plans Unclear

The proposed debate and vote on debt reduction legislation that House Speaker John Boehner (R-OH) proposed will have to wait until at least Thursday to be debated on the House floor. The Congressional Budget Office released an analysis of Speaker Boehner’s plan. It says it cuts $850 billion over ten years, less than the $1.2 trillion Boehner claimed it would cut. The Speaker and others are rewriting the bill so there are more cuts to bring the number closer to the $1.2 trillion, which delayed the debate.

Additionally, Senate Majority Leader Harry Reid (D-NV) also postponed debate of his debt ceiling proposal until Thursday. Media reports say he is waiting to see the outcome of House Speaker John Boehner’s (R-OH) bill in the U.S. House.

Some Republicans have come out in opposition to Boehner’s plan to cut spending and lift the debt ceiling in two parts. Rep. Jim Jordon (R-OH), a conservative member of Congress, is one of several House members who said he would not support it. He said it does not cut enough spending and he is opposed to creating a bipartisan committee to determine additional savings.

The House Republican conference is meeting this morning and more details about the path forward could become apparent following that meeting.

http://c-span.org/Events/Fate-of-Boehner-Reid-Debt-Limit-Plans-Unclear/10737423100/

[brooklynite]

1. So then, plenty of time to react if the Bill fails...

...or if the Senate doesn't agree with it...

...or if the President threatens to veto it...

...or if the Markets start to tank in the meantime...

You know, I'd take the weekend off -- plenty of time to cram on Sunday evening.

[gateley]

3. Well done. nt

[C_U_L8R]

2. it only takes a minute to write a clean bill

but a bill filled with creepy republican shenanigans takes a little longer

[BeyondGeography]

4. The Tin Man is finding this all to be very stressful

[KansDem]

5. You mean "Boehner's corporate sponsors" rewriting bill.

Let's hope the Corporatists come up with a really good one this time! :sarcasm:

[seabeyond]

6. i called repug representative just now and he said boner has increased revenue

not seeing it here. anything?

[Skink]

7. don't they leave town on Thursday.

and get back Tuesday.

[warrior1]

8. then it dies in the senate

what a waste of fucking time.