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Cut, Cap And Balance: House Passes Tea Party-Backed Debt Ceiling Plan

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 :: Unemployment Discussion :: The World Economy

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Cut, Cap And Balance: House Passes Tea Party-Backed Debt Ceiling Plan Empty Cut, Cap And Balance: House Passes Tea Party-Backed Debt Ceiling Plan

Post by Guest Tue Jul 19, 2011 10:22 pm

House Republicans easily passed their "Cut, Cap and Balance" fiscal plan on Tuesday, a proposal that boosts their standing among Tea Party supporters but has no chance of becoming law.

The bill passed, 234 to 190, on a largely partisan vote.

Both parties know the bill has next to no chance of passing the Democratic-controlled Senate, and President Barack Obama has already threatened a veto. But Republicans have pushed for a record vote on it ahead of the 2012 elections.

Democrats spent much of Tuesday's four-hour debate bashing Republicans for wasting time on a political stunt.

http://www.huffingtonpost.com/2011/07/19/cut-cap-balance-bill-house-vote-republicans_n_904000.html


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Cut, Cap And Balance: House Passes Tea Party-Backed Debt Ceiling Plan Empty Re: Cut, Cap And Balance: House Passes Tea Party-Backed Debt Ceiling Plan

Post by gettheminNOVEMBER Tue Jul 19, 2011 11:15 pm

makes drastic spending cuts in areas that Democrats have prioritized as opportunities for investment: clean energy, infrastructure, education and job training. The biggest concern for Democrats, however, is the bill's proposal to gut Medicaid funding by one-third over the next decade.

Great plan teaparty WHO NEEDS HEALTHCARE JOBS EDUCATION AND CLEAN ENERGY.
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Cut, Cap And Balance: House Passes Tea Party-Backed Debt Ceiling Plan Empty Re: Cut, Cap And Balance: House Passes Tea Party-Backed Debt Ceiling Plan

Post by TOO OLD TO HIRE IN PA Tue Jul 19, 2011 11:16 pm

CHUCKLE OF THE DAY!

The Wizard of OZ is 70 years old.

Today, if Dorothy were to encounter people with no brains, no hearts and no courage ..... She wouldn't be in Oz

She'd be in Congress!

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