White House: Obama won't veto GOP short-term debt limit plan
Source: CBS News
The White House said today that President Obama would not veto a House Republican plan to suspend the debt limit for three months, even though the president thinks a temporary solution is far from ideal.
"The Administration would not oppose a short-term solution to the debt limit and looks forward to continuing to work with both the House and the Senate to increase certainty and stability for the economy," the White House said in an official statement of policy released today.
The House plans to vote tomorrow on a bill to suspend the nation's $16.4 trillion debt limit until mid-May, giving Congress more time to negotiate over the limit. The bill would also require the House and Senate to pass a budget. If either chamber failed to pass a budget, according to this proposal, their congressional salaries would be withheld.
"All we're saying is, if the president and the Senate, if this country needs to incur more debt, Senate, please show us your plan to repay that debt, please show us your plan to control spending," House Majority Leader Eric Cantor, R-Va., said this evening.
Read more: http://www.cbsnews.com/8301-34222_162-57565261-10391739/white-house-obama-wont-veto-gop-short-term-debt-limit-plan/
high density
(13,397 posts)It keeps us from talking about real issues. Plus they can keep using it to blame Obama for their own drunken spending.
I also see Paul Ryan is coming up with another "plan." That should be hilarious.
Liberalynn
(7,549 posts)They don't do anything worth paying them for anyway.
another_liberal
(8,821 posts)The House Republicans don't dare propose a sane and workable budget themselves. If they even tried such a thing, half of them would be hounded out of office in two years. All they can hope to do is kick the can a little ways, and then bitch endlessly about whatever Senate Democrats and the President come up with.
reACTIONary
(5,788 posts)???? The Senate doesn't start the back and forth, the House does. The Senate should insist they go first, so they are on record for what THEY would cut.
another_liberal
(8,821 posts)One would think the House should. It's what our Constitution calls for.
Then again, maybe they've decided that a national budget is not a "Spending bill"?
(sigh)
Response to Redfairen (Original post)
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