Breaking: House passes bill to defuse debt ceiling
January 23rd, 2013
01:28 PM ET
2 years ago

Breaking: House passes bill to defuse debt ceiling

New York (CNNMoney) - The House on Wednesday passed the "No Budget, No Pay Act," a Republican bill that would effectively defuse the debt ceiling threat for several months.

The bill would let the Treasury Department borrow new money until mid-May. In exchange, the legislation would require lawmakers in both chambers of Congress to pass a budget resolution or have their pay withheld until they do.

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Filed under: CNNMoney.com • Debt • Deficit • House
soundoff (55 Responses)
  1. Bill

    How about Congress really shows the American people they are serious.

    Congress should not only agree that they will not collect a salary unless there is a budget, they should also agree that there is no expense accounts, and no operating budget. This includes their staff. Their staff should have no salary, not operating budget and no expense accounts. Turn off all the utilities in the Capital building. No water, no electricity, no heat, no phone, nothing. Shut the whole place down until they do their jobs.

    If Congress really wants to impress the American people, I have an idea for them. How about Congress’s basses a Bill that says if they do not pass a budget (a very critical part of their job) they are not allowed to run for re-election.

    Any Congressmen out there, Democrat or Republican, willing to do that for the American people?

    January 23, 2013 01:54 pm at 1:54 pm |
  2. Rick in OP

    The inescapable truth is that we borrow 40 cents of every dollar we spend. The promises that have been made for the entitlement programs (Medicare, Social Security, etc.) cannot no be kept. All government programs, including defense spending, will have to be cut. I don't like it and you probably don't like it either. If we act now to gradually reduce spending the future impacts we that much less severe. If anyone tries to tell you any different, they are lying to you. Period.

    January 23, 2013 01:56 pm at 1:56 pm |
  3. @Marita

    And so the Games continue!! It's going to be a long 4 years!! – @Marita.

    January 23, 2013 01:57 pm at 1:57 pm |
  4. SOUTHERN HOTTIE

    @Fair is Fair
    "Obama is trying hard not to borrow money an cuts into money if he doesnt have to."
    ---
    Under his watch, over $6 TRILLION has been borrowed. He's not trying hard enough, obviously.

    January 23, 2013 12:39 pm at 12:39 pm |
    *********************************************************************************************************************
    Your posts about Obama have been hilarious since 2007. Now they're just sad. Don't you think it's time to get over it and face facts? Your party wrecked the country and Obama has been cleaning it up since 1/20/09. Why are you still in denial? Or do you just hate the guy because he's half African?

    January 23, 2013 01:58 pm at 1:58 pm |
  5. Donna

    Not_an_Idiot
    Donna, do you realize that the MOST filibusters in the recorded history of Congress occurred under a REPUBLICAN minority in the Senate? I agree that a budget should be passed, but you can't blame the Democrats alone. While there have been times when Reid hasn't brought a budget to the floor for a vote, there have also been times where a budget WAS brought to votes and was filibustered. And hasn't the Republican party been the ones to say "no" to virtually ANYTHING President Obama wants to try and get passed? I'm certainly not absolving the Democrats of blame, but for you to be so blinded/brainwashed that you would lay ALL BLAME at their feet is truely astounding.
    -----------–

    What is truly astounding is your lack of understanding of the facts of the situation. The Republicans have NEVER fillibustered a Democrat proposed budget. As a matter of fact, they forced a vote on Obama's proposed budget that got ZERO votes from ANYBODY in both parties.

    The fact is that a budget only requires 51 votes to pass and is thus immune to any type of filibustering. I sure wish the liberals and leftists would stop spreading their lies to the American people. You are damaging the country with your misinformation.

    January 23, 2013 01:59 pm at 1:59 pm |
  6. Michael

    The bad news for Obama and the Democrats is that in order to pursue their liberal agenda it will require massive expenditures of funds we do not have.

    January 23, 2013 02:02 pm at 2:02 pm |
  7. Lynda/Minnesota

    Kudos to the 113th Congress for being on par in the exact same manner as the now retired 112th Congress so prided itself on in utter jibber jabber babble.

    January 23, 2013 02:04 pm at 2:04 pm |
  8. just sayin

    Not_an_Idiot
    and @just sayin, you are right in the fact that only a 51-49 majority is needed to pass a budget "resolution", but for said resolution to ACTUALLY go into affect, one of two things needs to happen. 1) the Senate would have to pass the bill by overcoming a filibuster (60 votes), OR 2) the House would have to pass the same exact budget resolution by a simple majority (218 votes). So TECHNICALLY, you're right AND wrong.
    ------

    there has been no republican filibuster of any democrat proposed budget. there has never been even a threat of a fillibuster because it is not possible. 51 votes is all that is needed to pass bills of a financial nature. democrats need to stop spreading lies.

    January 23, 2013 02:05 pm at 2:05 pm |
  9. Donna

    Michael
    The bad news for Obama and the Democrats is that in order to pursue their liberal agenda it will require massive expenditures of funds we do not have.
    ----–

    No.... bad news for our kids, grand kids, great grand kids and probably a few more generations. They will continue to borrow and spend until we are are either bankrupt or our economy is hopelessly buried in debt and interest payments.

    Obama and the Democrats want to completely eliminate the ability of Congress to approve these debt increases. That tells you where they are coming from. They will never stop the borrowing and spending. Never.

    January 23, 2013 02:09 pm at 2:09 pm |
  10. Rudy NYC

    This is more of the same Tea Party political theater as the sequestration bill. The biggest problem is DC right now is that you have an entire political party hell bent on not ever compromising. They have taken a political ideology and evolved it into a political religion. A religion that has been defined by Grand Poobahs who have never held elected office and most likely never will.

    The Tea Party is the textbook example of why religion and politics do not mix in a democracy. Compromising on your "political morals" becomes a sin against your "political religion", something that cannot ever be tolerated. Questioning the assertions of the "politcally enlightened' is viewed as heresy, because no one can question the divine ideology.

    January 23, 2013 02:12 pm at 2:12 pm |
  11. Ray E. (Georgia)

    The Republician led House is STILL trying to do the Nation's Business. The Democrat led Senate is not doing the Nation's Business. Will the Senate take up the Budget this year? I predict they won't. Why is that? Is it because the Liberal's and Democrats sold they S*itHouse the last 75 years and now Rome has burned to the ground?. Hey, people voted for it. Now Live with it.

    Note to Southere Hottie. Go sit on an Iceberg. It wasn't Republicians that ruined the country. They barely had any power the last 75 years.

    January 23, 2013 02:12 pm at 2:12 pm |
  12. What a Conundrum!!

    I think we should make it retroactive, say 4-8 years. Make them pay back all the money they've pocketed for doing NOTHING.

    January 23, 2013 02:17 pm at 2:17 pm |
  13. Rudy NYC

    Fair is Fair wrote:

    "How can the Senate possibly pass a budget when the Republicans keep filibustering them?"
    Couldn't the Senate pass a budget under reconciliation rules? It's financial in nature... maybe I'm wrong.
    ------------------
    I believe that reconciliation can only be used with revenue related bills that are first passed by the House. I don't think that it would be within the Constitution for the Senate to author a budget bill and pass it by reconciliation.

    January 23, 2013 02:18 pm at 2:18 pm |
  14. Sniffit

    Bull:

    The GOP blocked the 2010 Omnibus Spending Bill because it contained earmarks (earmarks that GOP members asked for). They then bragged about blocking all the pork, which, again, was in earmarks that GOP/Teatroll senators asked for.

    They also spent the entire 2010 lame duck preventing anything from getting done WHATSOEVER until they got the extension of the Bush tax cuts they were demanding (whcih contained the provision expiring them 12.31.12 that just caused them so much trouble). They then promptly turned around and claimed Obama now "owned" the Bush tax cuts as though he wasn't just giving them something so that business like the repeal of DADT and passage of the new START Treaty could take place.

    It's a familiar and constant theme from the GOP/Teatrolls: block something or pass something or demand something, etc., then turn around and try to blame the other side for it in some manner. Their shenanigans are the most transparent thing in DC.

    January 23, 2013 02:22 pm at 2:22 pm |
  15. The Real Tom Paine

    Unless the Senate is actually handed something worthwhile from the House, all this discussion about a budget is meaningless. For those who insist that the Republicans have never filibustered a budget in the Senate, guess again. If McConnell had felt it was in his best interest to have one passed, the votes would have been there, and no parliamentary manuvers would have been allowed. His only priority was to make Obama a one-term president, and so, with Boehner's collusion, a series of proposals budgets were presented that had no hope of passing the Senate: Ryan's proposals would balance the budget in 30 years, as opposed to the President's time frame of 10 years. McConnell's obcession with defeating the president had the net effect of a filibuster, even without the idiotic grandstanding of people like Rand Paul, who held the budget hostage to the Right's social agenda.

    January 23, 2013 02:24 pm at 2:24 pm |
  16. Boomer in Mo

    All Congressmen must now double down on cutting the budget, with them and their staffs going through it line by line. If they would work a 40-70 hour work week like so many of us do, they can get that done by mid-May. I've seen local school boards go through a 10,000 line item budget in a month's time with no staff. It can be done. There are huge amounts of waste in the federal budget. Some departments could be cut by half or more, or even eliminated (like education) and the budget could be cut dramatically without throwing Grandma under the bus or leaving us without adequate defense. Congress just has to start working and not just running their mouths.

    January 23, 2013 02:25 pm at 2:25 pm |
  17. Sniffit

    "Expecting other elected officials to perform their duties as required under the law is "shenanigans"???"

    What don't you understand about this violating the 27th Amendment?

    January 23, 2013 02:25 pm at 2:25 pm |
  18. Rudy NYC

    Ray E.(Georgia) wrote:

    Note to Southere Hottie. Go sit on an Iceberg. It wasn't Republicians that ruined the country. They barely had any power the last 75 years.
    ------------------
    That six period when Republicans controlled both chambers and White House was all it took. They turned a $300 billion annual surplus into $1.5 trillion annual deficit. When Democrats pointed out the folly of their economic policies they had declared that "deficits don't matter". Remember?

    January 23, 2013 02:25 pm at 2:25 pm |
  19. Fair is Fair

    Rudy says:

    "I believe that reconciliation can only be used with revenue related bills that are first passed by the House. I don't think that it would be within the Constitution for the Senate to author a budget bill and pass it by reconciliation."
    ------–
    The house HAS passed budgets. The Senate has refused to bring them to the floor.

    January 23, 2013 02:26 pm at 2:26 pm |
  20. The Real Tom Paine

    -Ray E. (Georgia)

    The Republician led House is STILL trying to do the Nation's Business. The Democrat led Senate is not doing the Nation's Business. Will the Senate take up the Budget this year? I predict they won't. Why is that? Is it because the Liberal's and Democrats sold they S*itHouse the last 75 years and now Rome has burned to the ground?. Hey, people voted for it. Now Live with it.

    Note to Southere Hottie. Go sit on an Iceberg. It wasn't Republicians that ruined the country. They barely had any power the last 75 years.
    *************************
    Still blaming FDR? For God's sake, get over it. The South would still be a pile of weeds and rubble if it weren't for the Federal government and the New Deal. Come to think of it, much of it may as well be, you have to get Yankees to come in and do the real work. The Right has had an untrammelled run for almost 30 years: face it, you screwed the pooch and you can't admit that you operated from a false premise.

    January 23, 2013 02:28 pm at 2:28 pm |
  21. Sniffit

    "It wasn't Republicians that ruined the country. They barely had any power the last 75 years."

    All it took was 8.

    January 23, 2013 02:31 pm at 2:31 pm |
  22. Rudy NYC

    Fair is Fair wrote:

    The house HAS passed budgets. The Senate has refused to bring them to the floor.
    ---------------------------
    During the first two years of Obama's first term, Republicans filibustered all of the budgets coming out of the Democratic controled House. For the past two years, every budget bill the House has sent to the Senate was pure ideological dogma, loaded up with amendments to repeal everything Republicans donlt like. The budgets were written without any Democrat input at all, which was by design.

    In every case, Harry Reid informed the House that they did need to even bother with voting on their "budget" because it would never come to the Senate floor for a vote.

    Judging from some remarks, I don't think some people understand what a filibuster actually blocks. A filibuster does not block a pass/fail vote on the bill as much as it blocks the vote to allow the bill to be debated on the Senate floor prior to it recieving a vote where only 51 votes would pass it.

    January 23, 2013 02:38 pm at 2:38 pm |
  23. The Real Tom Paine

    -Sniffit

    "It wasn't Republicians that ruined the country. They barely had any power the last 75 years."

    All it took was 8.
    ***********************
    He's convinced the Left has been running the country uninterrupted since 1932. Maybe that was the last time he read a history textbook. I guess he never heard of Reagan, Bush 41 and 43, Ford, Nixon, Eisenhower....pinko leftists all in his book, I guess. Earlier today I read that Wayne LaPierre was attempting to channel Barry Goldwater during his speech in Reno yesterday: Goldwater couldn't get permission to enter the GOP caucus if his life depended on it. Amazing example of revisionist thought and alternate reality, our friend from Georgia.

    January 23, 2013 02:40 pm at 2:40 pm |
  24. Fair is Fair

    "For the past two years, every budget bill the House has sent to the Senate was pure ideological dogma, loaded up with amendments to repeal everything Republicans donlt like. The budgets were written without any Democrat input at all, which was by design"
    -----
    Bring it to the floor and vote it down then. Unless there's a reason they don't want to be on record...

    January 23, 2013 02:45 pm at 2:45 pm |
  25. Sniffit

    "The house HAS passed budgets. The Senate has refused to bring them to the floor."

    And for obvious reasons since the GOP/Teatrolls in the House keep including nonsense like repealing the ACA or other provisions that they know, without a doubt, are 100% non-starters. They are making no effort whatsoever to compromise and are simply abusing their House majority to throw up a smokescreen that gives them a thin justification for claiming "we did our part, but they won't do theirs."

    As for nonsense about "Obama's budget got zero votes"...so did every other POTUS' budget. Know why? They never get voted on as proposed and without revisions....and the only reason that one did was yet another GOP/Teatroll symbolic stunt.

    January 23, 2013 02:46 pm at 2:46 pm |
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