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Senate rejects dollar-for-dollar
offsets to debt ceiling increases

The Hill [Washington, DC], by Ramsey Cox

Original Article

Posted By:KarenJ1, 1/31/2013 12:58:59 PM

The Senate rejected an amendment to the House debt-ceiling suspension bill that would have required a dollar in spending cuts for every dollar increase in future the debt ceiling extensions. Sen. Rob Portman (R-Ohio) introduced the amendments, which was tabled on a 54-44 vote. He said the amendment “assures that every time we raise the debt limit we cut spending by the same amount over a 10 year period.” Portman said his amendment would have saved the country $3 trillion.

Comments:
Of course they did. This obviously is proof that 0bama and the rest of his merry band of Marxists want to drive us into bankruptcy. As if we needed further proof. It´s exhausting living in a state of anxiety about what will happen to us.

      


Post Reply  

Reply 1 - Posted by: Jonr, 1/31/2013 1:42:14 PM     (No. 9150788)

The most irresponsible and corrupt Senate ever! I am sick of these in-for-life eleteists!

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Reply 2 - Posted by: LanieLou, 1/31/2013 3:01:05 PM     (No. 9150935)

Why Why Why can´t they just execute a 5% accross the board budget cut over 2012?

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