Senate rejects 'cut, cap, and balance'
July 22nd, 2011
10:51 AM ET
3 years ago

Senate rejects 'cut, cap, and balance'

(CNN) – The Senate rejected the House GOP's "cut, cap, and balance" deficit reduction plan Friday, voting 51-46 to set aside the measure.


Filed under: Congress • Debt • Deficit • Senate
soundoff (42 Responses)
  1. Democrat Class Warfare & Race Baiting - Destroying the economy, destroying the country

    I got a better proposal than Cut, Cap, & Balance. It's called TAX here, TAX there, TAX everywhere! And once you've done taxing, TAX some more!
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    This has been the Democrats actual behavior for decades. But they're masked their massive spending and paying for it with massive debt and raiding the SS trust fund. It is how we come to the brink of bankruptcy.

    July 22, 2011 11:41 am at 11:41 am |
  2. Kenny K

    The cap that is relative to GDP is a crap because when these people voted for major engagements such as wars, they should realize that whichever the direction of economy is, the operating costs of such wars cannot be adjusted simutaneously. In that case, the country will not be able to meet all its obligations when economy shrinks. You cannot change long term contract you enter into, or avoid paying that has already been incurred. All politicians, both democrats and republicans, should always consult their accountants before puting value on whatever cause they are pursuing.

    July 22, 2011 11:42 am at 11:42 am |
  3. Greg in Arkansas

    The Balanced Budget Amendment required 2/3 vote to raise taxes......equals...MINORITY RULE.......if 1/3 can stop the process.....how Un-American.
    HOW do the TEA Party paper patriots justify MINORITY RULE???????
    I always thought that 50% +1 equaled a majority and our country was founded on MAJORITY RULE.
    BTW....2/3 rule to raise taxes didn't work very well in Calif.....did it???

    July 22, 2011 11:45 am at 11:45 am |
  4. Oregon Calling

    GI Joe, I like the way that you think.

    Peace :-)

    July 22, 2011 11:45 am at 11:45 am |
  5. david

    raise the debt ceiling isnt that just taking money from savings and putting it into our checking. lets hurt the seniors who already struugle, that makes sense. this is all about obama, he blames the repblicans the past president and everybody but himself. yea bush may have started it but obama has made it worse. get our trrops home, how much will that save. create jobs, lower gas prices, and quit spending mone you aint got

    July 22, 2011 11:45 am at 11:45 am |
  6. wisiconsin101

    While this legislation was not the greatest, I am amazed how many on this forum seem to be against any form of future balanced budgets and the only way to do that is implement some form of legislation that limits and controls these spend-aholic politicians and that includes both parties. Without this type of legislation we will always be in this marry-go-round. So many like Germany and they have this type of legislation.

    July 22, 2011 11:47 am at 11:47 am |
  7. sonny chapman

    Repubs. are too blinded by their ideology to realize that starving Govt. hurts state & National Economy WORSE than tax cuts. Govt. Spending goes right back into the economy. Tax cuts go to Fat Cats who do NOT create jobs, but stick into non productive investments. Repubs. need to GROW UP & realize that the world is not like they wish it were. The Flower Children of the 60's have grown up. It's time for the Ozzie & Harriet gang to also grow up & accept the realities of life.

    July 22, 2011 11:49 am at 11:49 am |
  8. John, PA

    The Republicans can hang this vote on the Democrats in the Senate and we can vote them out of office. In 2010 the Democratic lose was a slaughter; the 2012 election cycle is going to be a massacre. Obama, the Democrats in the house and the 23 Senators up for election in 2012 better understand their jobs are on the line, we are watching how they vote, they will be replaced. We are at depression levels of employment in America our government debt is at crisis levels.

    July 22, 2011 11:49 am at 11:49 am |
  9. SpottedInDC

    Here's the problem: BOTH our representative parties are so polarized that they don't reflect the centrist majority of America anymore. They only fight for the extreme sides of the isle, and the few that DO look at the center are drowned out. If a Republican says "Cut $2 in Spending and I'll give you $0.75 in Tax loophole fixes or expirations he gets hung for increasing taxes. If a Democrat offers to give up abused pieces of entitlement benefits for a small increase in a tax, they get much the same.

    Spending Is out of control. We have way too much entitlement program abuse and have been fighting way too many wars in a short time. Consequently though, low corporate taxes and offshoring jobs to save even further aren't helping the problem. Fix the loopholes and set up tax "reward reductions" (if x percent of your jobs are on American soil, tax rate is y. Increase that percent by z and we'll lower y again saving you money).

    July 22, 2011 11:50 am at 11:50 am |
  10. jlubes

    Now time to get some real work done and stop with these grandstanding bills coming from the house. A HUGE majority of Americans want spending cuts AND tax increases, to ignore that is to ignore the people you are supposedly serving.

    July 22, 2011 11:51 am at 11:51 am |
  11. david

    you are correct right now d.c. is someone with one foot glued to the floor, they are just running around in circles

    July 22, 2011 11:55 am at 11:55 am |
  12. Steve

    BALANCED BUDGET.......OH THE HORROR! What a terrible idea it would be to force our elected officials to not spend money the country doesn't have! I presume that all of you on here who were against the "unpassible" bill live on credit card debt and govt. handouts??? I don't...I balance my checkbook. The govt. should do the same!

    July 22, 2011 11:59 am at 11:59 am |
  13. Democrat Class Warfare & Race Baiting - Destroying the economy, destroying the country

    Well, there you have it. The Democrat Party REFUSES to even try to balance the budget of this country. It is very obvious why. If they were required to do this, the taxes that would need to be collected from EVERYBODY would be oppressive and destroy our economy. Money and capital would flood OUT of the USA to other parts of the world. The USA would look just like Greece, Italy, Spain, Ireland. Massive social welfare states with massive taxes. Welcome to the future the Democrats have in store for you America.

    July 22, 2011 12:01 pm at 12:01 pm |
  14. gmh

    AMAZING ISN’T IT…The very people who have made millions and sometimes billions of dollars from the system of government we have today, are the very people who proclaim this current government is bad and want to destroy it. And in addition, they do not want to pay their fair share of the taxes they rightfully owe. It is Greed folks. I’m a just surprised and shocked at the number of middleclass average Americans who support this way of thinking.

    July 22, 2011 12:04 pm at 12:04 pm |
  15. Rudy NYC

    This has been the Democrats actual behavior for decades. But they're masked their massive spending and paying for it with massive debt and raiding the SS trust fund. It is how we come to the brink of bankruptcy.
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    I cannot believe that you actually bit on that initial remark. It was bait for the taking, to instigate a vitriolic response.

    July 22, 2011 12:11 pm at 12:11 pm |
  16. Rudy NYC

    The Democrat Party REFUSES to even try to balance the budget of this country. It is very obvious why. If they were required to do this, the taxes that would need to be collected from EVERYBODY would be oppressive and destroy our economy.
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    The draconian cuts would cause faster, deeper, and longer lasting damage than restoring tax rates back to normal. Before the dark times. Before the Evil Empire took control of DC in 2000.

    July 22, 2011 12:14 pm at 12:14 pm |
  17. Fair is Fair

    Tax, tax, and tax some more. Spoken like a true freeloader.

    July 22, 2011 12:14 pm at 12:14 pm |
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