House Passes John Boehner Debt Plan; Senate Tables It
John Boehner's Debt Plan Passes House, Faces Death in Senate
The House of Representatives passed John Boehner's debt-ceiling plan with a 218-210 vote. No Democrats voted in favor of the bill; indeed, 22 Republicans also refused to support it.
Boehner's plan now goes to the Senate, where it will surely die. The bill will need a twothirds majority to make it through the Senate, and it will not rally that kind of support. [Update: the Senate tabled the bill with a 59-41 vote.]
John Boehner told the public, "We did our level best", while ignoring the fact that the Bush-era tax cuts for the rich remain untouched. The bill would cut $900 billion in spending over the next ten years and create a "fact-finding committee" to seek out an additional $1.8 trillion in cuts (We're involved in 2 1/2 wars- will those cuts be that hard to find?); all this in exchange for raising the debt-ceiling through the end of the year. In other words, kicking the can down the road, while not addressing the issue of income.
If you can't pay your rent, selling your CDs won't solve the problem: you actually need an income. This is not addressed in Boehner's bill, which is why it will die. (Also see: Dumbest Moments in Debt Ceiling Debate)
For the sake of argument, what happens if the Senate approves Boehner's bill?
President Obama has said he would veto the bill. "Will the House leadership finally be ready to compromise now?" said White House communications director Dan Pfeiffer in a Twitter posting.
The debt crisis has exposed a deep rift in the GOP: moderate Republicans and Tea Party faithful are clearly not on the same page. S627 seems consigned to the same fate as "Cut, Cap & Balance". Boehner's reputation as House Leader is somewhat safe for now, since he (sort of) did his job, but his lack of control over his own party is fairly clear.