Free Markets, Free People


House debt plan rejected by Senate

That’s twice now that the Democratically controlled Senate has rejected the GOP House’s plan on the debt ceiling and debt.

The onus, now, is on the Senate to do something.  That means Democrats and Harry Reid.

Feeling all warm and fuzzy about that right now?   After all, it’s been about 900 days since Senatorial Democrats have offered up a budget – one of the primary duties of Congress.  In fact they’ve instead spent all their time rejecting Republican proposals and then tried to blame Republicans for inaction and intransigence.  The irony, of course, apparently escapes them.

The 59-41 vote, on a motion to table the resolution passed by the House less than two hours before, ran mostly along party lines, easily reaching the simple majority required to sink legislation in the upper chamber.

Six Republicans joined Democrats to table the Boehner resolution: Sens. Jim DeMint (S.C.), Lindsey Graham (S.C.), Orrin Hatch (Utah), Mike Lee (Utah), Rand Paul (Ky.), and David Vitter (La.).

Boehner’s office said the Senate’s refusal to take up the House plan puts the blame on Democrats if the U.S. defaults.

“For the second time, the House has passed a reasonable, common-sense plan to raise the debt limit and cut spending and, for the second time, Sen. [Harry] Reid [D-Nev.] has tabled it," spokesman Michael Steel said in a statement. "The responsibility to end this crisis is now entirely in the hands of Sen. Reid and President Obama.”

Hard to argue otherwise, wouldn’t you say?

Of course this isn’t the end game, but Senate Democrats have to pull a few Republicans into the game before they can execute it and escape blame:

Senate Democrats’ strategy is to send such a compromise vehicle back to the House on Tuesday, which would put intense pressure on House GOP leaders to accept it or risk a national default after Aug. 2.

If Reid can persuade at least seven Republicans to join the Democratic caucus in passing debt-limit legislation, it would give him the upper hand in the standoff with Boehner.

Chicken Politics … all bloody chicken politics.  If 7 Republicans join Reid, they’ll have sold Boehner and the rest of the GOP down the river.  If they don’t, Reid and Obama are going to try to blame Senatorial Republicans for any default.

~McQ

Twitter: @McQandO

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11 Responses to House debt plan rejected by Senate

  • Repaying the favor, the House has sent a letter to Reid telling him that his “plan” is DOA in the House.

    Heh.
    So what we have now is this – Boehner can get a bill passed over to Reid. Reid can’t get anything passed and out to Boehner.

    NOW TELL ME AGAIN WHO NEEDS TO COMPROMISE WITH WHO?

     

  • If Reid’s plan includes any taxes (which it does), it can’t originate in the Senate, anyway.  His plan can be offered as amendments to the House bill, but the bill has to come from House.  By tabling the House bill, Reid is slitting his own throat.

  • Washington Is Annoyed at Wall Street’s Failure to Panic

    He told me that the biggest obstacle he faces has been “market complacency.” Frankly, a bit of panic would be very helpful right now,” he said. As he explained it, lots of people in Washington, D.C. expected that this would be a week marked by panic in the markets. Stocks would tank. Bonds would get clobbered. The dollar would do something dramatic. And all of this would help convince reluctant lawmakers that they had to reach a compromise on the debt ceiling. We were following the script from 2008. When the market collapsed after TARP failed, that spooked everyone enough to get them to fall in line. We thought the same thing would happen this week,” he said.
    This sort of doesn’t give you the “warm and fuzzies.” Imagine elements of the federal government wanting the markets to “panic.”

    • Neo: Great link! Clearly Obama needs another crisis to scare everyone into line.

    • Well I was about to say that it seems the Democrats aren’t just passively letting this happen.  They are hoping to gain some advantage out of all this.

      They have the media in their pocket to reinforce the message its the Republican’s fault.  I just can’t figure how they plan to play it out and what they will want after this?  Elimination of the ceiling so the public doesn’t need to be reminded of our ridiculous spending?  More power for the One?

      I keep thinking of Admiral Ackbar’s warning.

      • After watching FoxNews throw the Tea Party under the bus for the past 3 shows, I have come to the conclusion this was to cause a crisis and for Old Guard Republicans, RINO Republicans and Democrats to throw the Tea Party under the bus.

  • “The third rule of ethics of means and ends is that in war the end justifies almost any means….” p.29

  • If they don’t, Reid and Obama are going to try to blame Senatorial Republicans for any default.

    THey would do that, in any event, as you know well, Bruce. The point here is either way, Harry Ried and the Democrats now own the problem, which is as well, since they’ve always been the cause.

    But consider the way this thing has been played: I suspect that Harry Reid has played it just so, because he knows that there are always enough gutless GOP “moderates ” Willing to buckle, and get his job done for him.  That’s the way it’s always worked in the past.  Which, I think is precisely why the tea party has done so very well this most recent election.  I suspect it will do even better in the next.

     

  • So what happens how? No Boehner plan, no Reid plan and president messiah never has a plan, Aug 2 is in two days, so what now?

    I stocked up on gold, food, and ammo, so i guess I am ready for anything.

  • I’ve reached the conclusion that the dems have decided that the best outcome FOR THEM is a default.  They can hardly run on their record next year: Hope and Change has turned into Misery and Things-Have-Gotten-Even-Worse.  So, they are setting the GOP up to take the fall.

    Jebus, these people are scum.

  • Let me suggest something…. it may be just a bit of a stretch, but I’ve been considering this idea for several days now, and I have yet to come up with anything to counter it:

    I have long since begun to suspect that the reason we are in crisis mode right now is the Clintonian axiom, about how one should never waste a good crisis.  I suggest that the left has created this crisis, because it will provide them cover for increasing taxes ; an action which they would never be able to do without such cover as a crisis would provide.  It would certainly explain all of their actions in this matter to date.

    What say you?