How House Republicans would defuse debt ceiling
January 22nd, 2013
04:48 PM ET
5 years ago

How House Republicans would defuse debt ceiling

New York (CNNMoney) - The debt ceiling standoff isn't over just yet. But there's a chance it may be soon, at least temporarily.

On Wednesday the House is expected to vote on a Republican bill that would let the Treasury Department borrow new money until mid-May.


Filed under: Debt • House Republicans
soundoff (8 Responses)
  1. Sniffit

    And potentially kill any chance of tax reform...all in one fell swoop. Good job, GOPers/Teatrolls. I suppose the only thing that truly matters is that you extend the debt ceiling threats for another 4 months in order to hamper recovery, right?

    January 22, 2013 04:55 pm at 4:55 pm |
  2. Sniffit

    "no budget, no pay."

    Someone needs to teach these idiots what the 27th Amendment contains. Of course, CNN and the rest of the right-leanign "fair and balance" false equivalency weavers will pretend this doesn't vioate the 27th and won't even report on the issue. IOKIYAR

    January 22, 2013 05:11 pm at 5:11 pm |
  3. Tea party supporter

    Balance the budget now.

    January 22, 2013 05:17 pm at 5:17 pm |
  4. Moose

    Got to love the brown bunch of bamman supporters guy has about bankrupt the country and the brown nose force still follows, it is pathedic what sheep this country has created, you voted for it enjoy it

    January 22, 2013 05:18 pm at 5:18 pm |
  5. don in albuquerque

    Three or four months? The Bagger party has become a comedy rountine thats not reaaaaally very funny. Throw every last one of these people out of office. They deserve no respect, have not done their jobs for over four years, They could not even succeed in making the President a one termer which they swore to do, or getting rid of Obama care, which they swore to do. They tried to trash the economy, still trying to create more wars, they ran on a Jobs campaign and have yet done nothing but hamper the creation of any. I wonder if this congress could manage a third grade birthday party. They should fear the people, not the other way around.

    January 22, 2013 05:21 pm at 5:21 pm |
  6. mike

    Here's what we need to do about the debt ceiling and every Americans taxes based on what they make weekly or semimonthly depending on gross income all Americans depending what they make some should get taxed less while others get taxed more.government should make it affordable by the type of work we do and how much minimum wage is in that line of for example the rich would get taxed 6.2 to 10.0% middle-class 2.5 to 4.0% or middle class ppl like me with a family like me if at all possible have a program where prices in rent food clothes and such should be less costly if we had some kind of program other than what welfare offers based upon what we make on our paystubs use it as a voucher some how to get discounts since prices in stores are skyrocketing. As the tax hike goes up also another thing more manufacturing in the u.s rather than overseas which we can still trade but do it more conservatively.

    January 22, 2013 05:23 pm at 5:23 pm |
  7. Larry L

    As taxpayers we should all demand a Constitutional Amendment to stop the pay for the President, the Congress, and all of their first-tier staff members if on October 1 an approved budget isn't available. The missed pay would never be returned. Ever. Why tolerate a system that never produces budgets in a timely fashion? It's their most basic responsibility!

    January 22, 2013 06:26 pm at 6:26 pm |
  8. Squigman

    The next step after balancing the budget, should be taking all republican and tea party supporters off the government rolls. No more social security. No more access to ambulance and fire services. No more access to any police protection. No more health care of any kind. You want a balanced budget so much, prove it. Exile yourselves from these programs. Let the rest of us get on with the process of life. We can build a thriving nation without your influence. Or do whats right. Shut up.

    January 22, 2013 08:26 pm at 8:26 pm |