Washington (CNN) – House Speaker John Boehner continued to lobby fellow Republicans to back his debt bill Thursday, telling members at a closed-door meeting, "We don't have the votes yet," according to a Republican in the room. But he added, "Today is the day we're going to get it passed."
As part of that lobbying effort, House GOP leaders agreed to add a last minute sweetener for conservatives who have been pushing for a balanced budget amendment to ensure future spending cuts actually happen.
House Republicans plan to have a pair of votes Friday on two versions of a balanced budget amendment to the Constitution. One version, if adopted by the states, would require that the government maintain a balanced budget. The other version, one that conservatives have long been pushing, would also require a supermajority vote in both chambers to approve any tax increases.
Indiana Republican Mike Pence said while he prefers the stricter version, he recognizes it's unlikely to get enough votes to pass both the House and the Senate, so he pressed for adding a vote on the other version. An amendment to the Constitution needs a two-thirds majority in both chambers to pass.
When leaders agreed to the second vote, Pence told reporters, "That inked the deal for me." He flipped from undecided to a yes.
The vote is expected Thursday evening on Boehner's plan. One House GOP aide sounded confident their bill would pass and put the onus on Senate Democrats.
"By the end of the day, the House will have passed two debt limit increases and sent them over to the Senate." the aide told CNN, adding, "The House will have done its job, and Harry Reid and the President will now have three choices on how they wish to move forward – Cut, Cap and Balance, the Boehner compromise, or to go past the August 2nd deadline and risk default and the economic ramifications that come with it."
Their weak attempt at trying to force the Democrats into killing their idiotic balanced budget amendment-laden bill will flop as the american people know there is no way it would go thru. Even Republicans know it's a waste of time and effort, but as usual the GOP never fails to come thru with posturing and pandering ideas
It befuddle me, Boehner and his rethugs would put all of their efforts in a bill that they know will not pass the Senate and may not even pass the house. Anyone with common sense sould instead be using all of this wasted BS and energy in to forming a bipartisan compromise bill to benefit all of America,You can't keep cutting spending with no revenue without effecting the majority of Americans. Dang, forgot I am talking about the Republicans who are on one agenda, Destroy Obama, to hell with the people who sent them there or the credit of America.
I'm glad THEY THINK they will have done their jobs. The job should have been done 8 months ago, taken about an hours worth of time, and been written on a single page of paper.
Instead, their manufactured crisis has begun to impact the stock market - [DOWN 200 points yesterday] - and drive interest rates up on 10-Year T-Bonds [UP to 2.96%].
S&P's and Moody's wouldn't even be talking about "downgrading" the US debt if the REPUBLICANS had not drawn attention to this as a "political" topic. These rating agencies, after their abyssmal performance rating mortgage-backed securities in the housing crisis, are talking about "downgrading" the US Government because they feel the poliltical need to try and demonstrate their diligence now.
Had the GOP STFU and put forth a debt ceiling increase [many, many times] like they did with Reagan, Bush,& Bush we wouldn't even be in this trouble. It's not the debt that's the problem; it's the politics.
These conservatives want to brag about American exceptionalism. They want American to be respected as a Superpower. When we spook the world as to whether or not we are good for our bills, the US DOLLAR ceases to be the most desired currency.
Mark the date, the SUMMER of 2011 ushered in the beginning of the END of American Dominance in world finance and it's all because Republicans are willing to do ANYTHING to try and make Obama look bad just to defeat him. Independents, if we don't throw these Tea Party Republicans out in 2012, it's a slippery slope to bottom.
"The House will have done its job, and Harry Reid and the President will now have three choices on how they wish to move forward – Cut, Cap and Balance, the Boehner compromise, or to go past the August 2nd deadline and risk default and the economic ramifications that come with it." The Hubris is staggering. What about the Senate Bill? Why doesn't that even count. Republicans have done one thing and one thing only for the past decade: SHOVED CRAP DOWN MY THROAT to line their pockets and satiate their greed. ENOUGH!
These idiots dont get it. The Dems wont sign off on changing Congress rules to protect the rich. No vote on requiring 2/3 vote to ever increase taxes
why go to all this trouble and waste time to get it passed in the house when the senate won't pass it and the president will veto it. While they play time runs out.
The Democrats will then have a choice: Give the Republicans everything they want or get blamed for everything. Good job you big babies. How about the first checks that don't go out will be Congressional paychecks.
As I understand it, a balanced budget doesn't allow for any sort of contingency plan. It says we can only "buy" what we can pay for. Which does sound good to me...and we REALLY should be practicing that ALL THE TIME!! But every once in a while, we need to "buy" on credit. Say, when a (justified) war is necessary. Or a national emergency that requires money to save peoples' lives. Those things wouldn't be in the budget....obviously. So that would pose a problem.
In my life, I do not spend more than I bring in. HOWEVER, should an emergency arrive, I can borrow.
An exercise in futility that will not make it past the senate and wouldn't make it past the president if the senate passed it on. A colossal waste of time and the taxpayer's money that Republicans seem so selectively concerned about. Why not actually solve the issue instead of the futile theatrics?
If he proposes a plan it should go all the way, what is the point call for a votes the when bill stuck inside the congress
Both parties doesn’t want to touch any major issue so they drag this one as much they can
How is it fair that people making a $1,000,000 pay less in taxes than people making $50,000?
If the Filthy Rich paid taxes like the rest of us, there would be a SURPLUS, not a deficit.
Republicans are the biggest BS artists of all time!! Tax cuts for the rich didn't create any jobs no matter how many times the hacks in the media let them say it. Republicans will pay dearly for this in the next election and they deserve to be reduced to a permanent minority of "support the rich, screw the poor" lackeys for big business. I have just plain had enough of the GOP.
Taxes need to go back to what they were when Reagan or Clinton were President. The people in the media make millions a year so they aren't going to tell the truth about it because they are the ones who would have to pay more in taxes.
Zzzzzzzzzzzz blah blah blah
This Repulican bill to have a balanced budget will not work as stated below.
I have 3 major problems with this bill.
1.- The Balance budget is huge: We would no longer be able to Declare National emergencies.
A.- This would mean the states could no longer have a Balance Budget because they would have to pay for the Hurricanes, Tornadoes, Earthquakes, or floods.
B.- We would have to dismantle FEMA. The states could no longer complain that FEMA was slow.
2. – The defence Department could no longer be used. It would take 2/3 vote to reply to attacks such as 9/11 or Pearl Harbor.
3. – There are NO provisions as to what would be cut. I saw the bill and it said 19% of GNP in the cap and 6trillion in cuts but it does not say what would be cut.
Here is the real facts about the budget.
Bush DID NOT have the wars or part D in the budget. He had to get emergency revenue to pay them.
In the 2010 budget Obama put them in the budget the first time.
This added $900 billion more to that budget. 900 + 235 = $1.135 trillion. There is the increase.
The 2011 budget still had the wars & part D in the budget. This was just the second time the Bush stuff was in the budget.
The 2009 budget was put in by Bush. Mr. Bush added the bailouts to the budget. This made it huge.
The 2012 budget has not been voted on yet.
It looks like Boehner is having more difficulty negotiating with his own caucus than with Obama.
I think he doesn't like "HELL NO" being implied, but he has sure enjoyed yelling it for two years.
We the people say HELL NO. All cuts and no revenue does nothing but hurt he "little people" who have no voice at all in the HOUSE.
What are the republicans proposing to cut??? My guesse is they won't lead by example!!
Your own party is voting against you, Mr. Weeper. In other words, you allegedly lead the GOBP, and another party that claims to share your name but uses an alternate name (the teatards), opposes you. In the old days, a REAL house leader would reach across the aisle and create a bi-partisan coalition plan that left the extremists outside looking in. You, on the other hand, are so incompetent you handed the extremists all the control rather than marginalizing them. You are the epitome of failed leadership, You can't even get your party to stop its nonsensical cult chants of "take care of the greedy and not the needy."
The republicans are running a gimmick here and making a mockery of the democratic process by holding American people hostage. Because of their tax cuts for the last decade, we have been in this crisis (if there were Bush tax cuts and Iraq war, we would not have these budget deficits as Clinton left us in surplus.
Thus, I am not who has their heads straight. Clearly, debt ceiling needs to be raised or eliminated. The budget needs to be discussed to increase revenues and decrease expenses. That is what is done in a business or a family and that is what should be done now by the US Congress. Doing anything else is unconstitutional and dysfunctional.
Do it House pass this budget. Make the Senate take action. Then it is going to be all on their back as to who failed in this affair. Obama will be dead come 2012.
These clowns are insane! Enough of these Hobbit games!
Time for the one sentence raising the debt ceiling bill to be rolled out!