Archive for ‘July, 2011’

Waiting On A Debt Deal >

While Republicans and Democrats say there is agreement on an outline for a debt limit deal, the fine print is still being worked out, making it a waiting game on this Sunday for lamwakers in both the House and Senate. “It feels like they’re going to finish the deal today; …

Debt Limit Deal? >

After a day filled with verbal broadsides from both parties, there was evidence late Saturday night that major progress had suddenly been made on an increase in the nation’s debt limit, as negotiations resumed at the White House. “Mr. President, there are negotiations going on at the White House now,” …

Debt Limit Showdown >

The early hours of work from the U.S. Congress on this Saturday featured more finger pointing and blame game from Democrats and Republicans, even as leaders of both parties repeated their optimism that there would be a debt deal before a Tuesday deadline. “Our country is not going to default,” …

House Passed Debt Bill >

After posting the text of the debt limit plan from Senate Majority Leader Harry Reid (as of Friday night), here is the text of the debt limit bill that was approved by the House on Friday by a vote of 218-210. If you take the time to compare and contrast …

Revised Reid Debt Plan >

On Friday night, Senate Majority Leader Harry Reid made some changes to the debt limit plan he issued earlier this week, as the Congressional Budget Office reported that it will now save $2.4 trillion over 10 years, compared to the $917 billion in savings from a GOP plan passed by …

Debt Limit Weekend >

The road to a deal on raising the nation’s debt limit now runs squarely through the U.S. Senate, as lawmakers in Congress get ready for a weekend of work and finger pointing, with just three days until an Obama Administration deadline that has spurred furious political activity in Washington, D.C. …

Debt Limit Vote Breakdown >

Here is the breakdown of Friday’s vote in the House of Representatives, as Republicans won approval of a controversial debt limit bill on a vote of 218-210. = FINAL VOTE RESULTS FOR ROLL CALL 677(Republicans in roman; Democrats in italic; Independents underlined)      S 627      RECORDED VOTE      29-Jul-2011      6:25 PM      QUESTION:  On Passage      BILL TITLE: Budget Control Act of 2011   …

Debt Limit Changes >

A day after failing to approve a debt limit bill backed by House Speaker John Boehner, Republicans in the House rallied behind changes to that measure, determined to approve it Friday night and send it on to the Senate. The changes in the Republican plan center around a Balanced Budget …

Divine Debt Limit Guidance >

The Chaplain of the Senate opened today’s session with a prayer that was focused on the continuing political battle over the debt limit, as Dr. Barry Black told Senators it was time to put aside their differences and reach a deal. Here is the Chaplain’s prayer from Friday morning: Empower …

Debt Limit Curve Ball >

Throwing a late curve ball into work on raising the debt limit, Republicans in the House had to abandon efforts last night on the measure, unable to keep enough GOP lawmakers in line, even after five hours of off-the-floor arm twisting. “As we all know, we were expecting a vote …