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GOP Offer- Long Term Debt Ceiling Increase ONLY if Senate Passes Budget
The Lid
Finally a good strategy. Instead of demanding dollar for dollar budget cuts/increase in debt ceiling, the GOP is taking a short-term approach with a clear offer that can’t be refused without the Democrats looking bad. They offering to extend the debt ceiling to April 15th (the deadline for houses of congress to pass budge) but they WILL NOT consider a debt ceiling increase until the Senate passes a budget (despite the Law the Senate has passed a budget for four years).
I just received this press release from Paul Ryan’s office:
Earlier today, House Republicans announced a path forward on the nation’s near-term budget challenges. The 1974 Congressional Budget Act requires passage of a budget resolution by April 15 each year. Under Senator Harry Reid’s leadership, the Senate has refused to pass a budget for 1,360 days. As the Administration and Congress work through opportunities to cut government spending, there will be no consideration of a long-term debt-ceiling increase unless both the House and the Senate pass a long-term budget plan. The plan also includes a bipartisan proposal to withhold Senators’ salaries if they fail to pass a budget.
J Frank Parnell
January 19th, 2013
The Hive has nothing better to do than bus its idiot drones to protests and feed talking points to the state propagandists (Schieffer et. al.) to immunize its queen insect against the consequences of fiscal reality.
The Left will kill our currency and benefit from the chaos.
Nutjob
January 19th, 2013
The 1974 Congressional Budget Act requires passage of a budget resolution by April 15 each year.
So much for the democrats obeying the law.
They need to start impeachment proceedings against Reid.
Tim
January 19th, 2013
The entirety of the Federal Government has devolved into criminality. Our “elected officials” and those appointed by our “elected officials” are doing nothing more than plundering the Treasury and fleecing the taxpayers for their own advantage.
Just look at how personal fortunes have increased during their years of “public service.”
Some things are what they are, and speak for themselves.
Tony R
January 19th, 2013
Anyone who thinks the Republicans won’t fold is probably smoking crack.
Diann
January 19th, 2013
BOGUS.
Sorry. No testicular fortitude exists within the GOP. The Republicans in Congress drawing a line in the sand, then backing up and drawing another line in the sand, then backing up and drawing another line in the sand…
Pathetic.
Dr Tar
January 19th, 2013
I look forward to the Senate Democrats demanding to be paid for work they haven’t done for 4 years. The House Repubs better hold firm this time or Boehner can just turn his gavel back over to Pelosi.
John Cooper
January 19th, 2013
This would be a good plan except for the fact that Cornyn has already promised that under no circumstances would the House not raise the debt ceiling.
grayjohn
January 19th, 2013
Paul Ryan voted with the collective. He is not to be trusted.
Left Coast Dan
January 19th, 2013
Zero Hedge had a good take on this: Bill has to be passed by Senate, which means they have to commit to having a budget by the normal April 15 deadline. If Senate passes it that means they are accepting the commitment, if they don’t pass they don’t get the debt ceiling increase and it looks to be their fault. As WSJ and others have (finally) been saying recently, Reid’s strategy of doing nothing has enabled focus on GOP House ‘intransigence’, and that needs to stop.
http://www.zerohedge.com/news/2013-01-18/gop-proposal-sure-go-nowhere-democratic-controlled-upper-chamber
One Notch Above a Congresscritter
January 19th, 2013
Congressional pay should stop indefinitely. If I performed at my job like these grifters I wouldn’t get paid.
Tim
January 19th, 2013
The House controls the purse. They could have cut off all funding for Congressional salaries 2 years ago.
This fact ought to be a red flag for anyone continuing to believe in the bullshit of the GOP.
Course, they’re all a bunch of rich cork-smokers and don’t need the salaries.
Jerry Manderin
January 19th, 2013
Is that a concrete mix being poured into the balls of the GOP?
My bad. That was a weasel starting to fold…
A
January 21st, 2013
(despite the Law the Senate has passed a budget for four years).
NOT passed a budget for four years
Words have meaning?