Crisis, averted: Senate to take up House debt ceiling bill, says Reid

posted at 3:11 pm on January 23, 2013 by Erika Johnsen

And when I say “crisis, averted,” …just know that I don’t actually mean that.

The major players are now more or less on board with the House GOP’s plan for a temporary debt ceiling extension, which suspends the political time crunch through July/August-ish and threatens to withhold Senators’ pay without a signed, sealed, and delivered official budget. The White House indicated their assent to the approach on Tuesday, and the “ayes” had it on the House floor on Wednesday afternoon (285 — 144, with 86 Democrats making up for 33 Republican defections):

House Republicans are advancing a novel plan to suspend enforcement of the federal debt limit through May 18, a move that would lift the threat of a government default and relieve the air of crisis that has surrounded their budget battle with President Obama. …

The White House tacitly endorsed the proposal Tuesday, issuing a statement that said Obama “would not oppose” the temporary respite. …

Under the proposal, the legal limit on government borrowing — now set at $16.4 trillion — would remain intact, but its enforcement would be suspended until May 18. In the meantime, the Treasury could continue borrowing to cover the cost of Social Security checks, the military payroll, interest payments to the nation’s creditors, and other obligations.

Of course, the vote couldn’t go down without some of the requisite opposition from the House Minority Leader hoping for still more concessions for a “clean hike” from the GOP, but Speaker Boehner’s promise to put forth a House budget that would balance the budget within ten years reportedly helped to put off the inter-divisiveness for which Pelosi was no doubt hoping.

Nancy Pelosi privately urged House Democrats this morning to vote against the House GOP’s plan for a temporary suspension of the debt ceiling, a House Dem aide says. The Dem game plan: Dems are still holding out for the possibility that they can force Republicans to agree to a clean debt limit hike, possibly even one that lasts a year. …

According to a Dem aide, Pelosi privately told House Dems this morning that this will set a bad precedent for more GOP debt ceiling game playing. The mere fact that any conditions are attached to it will open the door to the possibility that the GOP could try to attach more conditions to the next extension of the debt limit, which will come up soon, because this one is temporary.

But with Republicans’ relative unity, that was nothing doing; and over on the Senate side, Majority Leader Harry Reid is fine with what he’s titling a debt ceiling victory:

“We’re going to move to work on this legislation,” Reid told reporters. He also said the Senate will move through the regular process to approve a budget.

Reid cast the legislation as a victory for Democrats, calling it a “clean debt ceiling” and saying it “surrenders the hostages” Republicans were holding by insisting for cuts in exchange for a debt ceiling increase. …

Senate Democrats quickly beat the drums that the debt ceiling bills is a win, saying that folded to President Barack Obama’s insistence that he won’t negotiate on the debt limit.

“This is the president’s second big victory in a row,” said Sen. Charles Schumer (D-N.Y.).

I’d think Sen. Rand Paul would basically agree, but there you have it. Barring any other political theatrics (which I won’t dismiss just yet — the remaining month before we hit the ceiling is still plenty of time for shenanigans), the extension will likely make its way up to the president’s desk and defer this particular showdown. And hey, maybe we’ll even get a legitimate, lawful budget out of it. Fancy that.


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Shiny.

onomo on January 23, 2013 at 3:12 PM

Can, meet down the road. But eventually, we’re going to run out of road.

rbj on January 23, 2013 at 3:14 PM

The major players are now more or less on board with the House GOP’s plan for a temporary debt ceiling extension

Party at Morrissey’s House!!

Bohener’s bringing the scotch and cigs!!

Tim_CA on January 23, 2013 at 3:16 PM

Just goes to show ya, it’s easy to light a fire under someone’s butt by threatening to withhold their paycheck.

UltimateBob on January 23, 2013 at 3:17 PM

Am I the only one who thinks that picture of Nance is…I don’t know…erotically charged?

CorporatePiggy on January 23, 2013 at 3:19 PM

Only in the minds of a libtard would adding several trillion more to the national debt = big win.

HumpBot Salvation on January 23, 2013 at 3:21 PM

Say it…

$20 Trillion Dollar Debt

Say it again…

$20 Trillion Dollar Debt

… Fun, isn’t it?

$20 Trillion Dollar Debt

Don’t worry, someone else will have to pay it back… with interest…

$20 Trillion Dollar Debt

Did you catch Michelle’s new dress…?

$20 Trillion Dollar Debt

Seven Percent Solution on January 23, 2013 at 3:22 PM

All this BS! Suspending the Constitution! Really rinos? You know what you are doing is illegal and should get you arrested!So, the Propaganda Ministry will be in full shrieking hysteria over Hitlery’s Benghazi BS! Tomorrow they will be Hysterical about the Assault Weapons Ban Legislation proposed by DiFi!
The rinos are in a tizzy, doing anything they can to cover, not only the TREASON by the Regime, but also the fact that they knew about the Gun Running to arm Al-Qaeda, the muslim brotherhood and other Terrorist groups, and they Approved it!

http://www.paratisiusa.blogspot.com

God Bless America!

paratisi on January 23, 2013 at 3:22 PM

Am I the only one who thinks that picture of Nance is…I don’t know…erotically charged?

CorporatePiggy on January 23, 2013 at 3:19 PM

I just threw up a little.

Tim_CA on January 23, 2013 at 3:23 PM

I’d think Sen. Rand Paul would basically agree

It will be interesting to see if Paul does agree that temporarily suspending the US Constitution is a good idea.

If he does, then it would be reasonable to see him vote for a temporary suspension of the 2nd ammendment as well.

In fact, why not suspend the first ammendment to appease Muslims?

Maybe suspend the 4th and 5th ammendments as they just get in the way of fighting ‘crime’.

Then there is that pesky appointment clause. Maybe Obama can just ‘temporarily suspend’ that one as well.

Maybe it would be quicker to just go ahead and ‘temporarily suspend’ the entire US Constitution ‘for the good of the people and their children’!

Freddy on January 23, 2013 at 3:24 PM

It is the best we can do when the democrats control the Senate and the Presidency… The Republicans should repeat this every 3 months… In fact increasing the debt would be one of the major causes of the economic collapse and hence the best way for Republicans to win in 2014 and 2016.

mnjg on January 23, 2013 at 3:26 PM

Am I the only one who thinks that picture of Nance is…I don’t know…erotically charged?

CorporatePiggy on January 23, 2013 at 3:19 PM

Yes…

(and eeeewwwwwwwwwwwww!)

fisting fisters fist furiously

Seven Percent Solution on January 23, 2013 at 3:26 PM

I finally see the logic of it all.

The plan is to hand the Democrats “victory” after “victorY’ until the recession in Europe is here in the US. At that point, it will be hard for the Democrats to blame the Republicans, when they have had all those “victories”.

J_Crater on January 23, 2013 at 3:31 PM

Now that’s (photo!) an attractive visage. NOT!
@Freddy 3.24 PM. Many on the left would just love to suspend the constitution. They hate it, and -all- its amendments, as it was written by a bunch of white men 250 years ago. They want something new and communist and anti-American that also enshrines the de-industrialization called for by the climate change proponents. They use big sounding words to try to make their ideas sound respectable, like “I don’t believe in the immutability of the US constitution.”

anotherJoe on January 23, 2013 at 3:32 PM

I can’t believe the number of my friends that are complaining about their tax increase.

The American people now KNOW that taxes have been raised. They will support Republican pushes to cut spending.

blink on January 23, 2013 at 3:31 PM

Excellent… and how many of them voted for the parasite class President?…

mnjg on January 23, 2013 at 3:36 PM

OT: I tried to be a US Marine, so I’m all for women serving in the military. I am NOT for THIS!!!

annoyinglittletwerp on January 23, 2013 at 3:38 PM

Am I the only one who thinks that picture of Nance is…I don’t know…erotically charged?

CorporatePiggy on January 23, 2013 at 3:19 PM

That was a pic used in Obama’s School Czar’s new book “Fisting for First Graders”.

HumpBot Salvation on January 23, 2013 at 3:39 PM

And hey, maybe we’ll even get a legitimate, lawful budget out of it.

I’ll believe it when I see it.

GarandFan on January 23, 2013 at 3:40 PM

“This is the president’s second big victory in a row,” said Sen. Charles Schumer (D-N.Y.).

That’s a funny way to describe Republican hostage taking during negotiations.

Lie much Chuckie?

antipc on January 23, 2013 at 3:47 PM

Am I the only one who thinks that picture of Nance is…I don’t know…erotically charged?

CorporatePiggy on January 23, 2013 at 3:19 PM

Remove the hand and she looks like Mrs Vorhees severed head.

Chuck Schick on January 23, 2013 at 3:49 PM

What difference does it make?!?!?

Let it burn.

LoganSix on January 23, 2013 at 3:55 PM

All this BS! Suspending the Constitution! Really rinos? You know what you are doing is illegal and should get you arrested!

paratisi on January 23, 2013 at 3:22 PM

Er… what? I am opposed to this bill too, but the debt ceiling is not anywhere in the Constitution. The Constitution just authorizes Congress to borrow money on the credit of the United States. The debt ceiling was imposed by legislation passed by Congress. That legislation can be modified or scrapped at any time by subsequent Congresses. It is no way requires “suspending the Constitution.”

Shump on January 23, 2013 at 3:57 PM

The Constitution just authorizes Congress to borrow money on the credit of the United States.

Shump on January 23, 2013 at 3:57 PM

Well….I see I’ve found your problem right there. Yup, doesn’t look you’re going to be able to get this thing running again. It’s used up all of its credit and then some.

LoganSix on January 23, 2013 at 4:04 PM

fisting fisters fist furiously

Seven Percent Solution on January 23, 2013 at 3:26 PM

lol…ya sick bastid!

Tim_CA on January 23, 2013 at 4:04 PM

No.

More.

Pelosi.

Pictures.

(Must bleach eyeballs…)

Bruno Strozek on January 23, 2013 at 4:24 PM

“This is the president’s second big victory in a row,” said Sen. Charles Schumer (D-N.Y.).

“Schumer wants a cracker…Schumer wants a cracker….baaaawwwkk baaawwwkk!”

If Schumer had been in the Senate on Dec 8, 1941 I’m convinced he would have said “Pearl Harbor is a big victory for the President”

BobMbx on January 23, 2013 at 4:28 PM

The plan is to hand the Democrats “victory” after “victorY’ until the recession in Europe is here in the US. At that point, it will be hard for the Democrats to blame the Republicans, when they have had all those “victories”.

J_Crater

The democrats argued for a decade that the Bush tax cuts were bad for the economy, and the Clinton tax rates were the key to prosperity, yet less than a month ago and during the election they argued that returning to the Clinton tax rates would destroy the economy, and the American people bought it. Trust me, they will have no problem blaming republicans after all those “victories”.

xblade on January 23, 2013 at 5:09 PM

No one is “suspending the Constitution” since “Constitution” has been declared null and void last summer by Roberts himself.

Nothing to see here.

riddick on January 23, 2013 at 5:12 PM

Under the proposal, the legal limit on government borrowing — now set at $16.4 trillion — would remain intact, but its enforcement would be suspended until May 18.

Ok, so this means the government is not restricted by the debt ceiling *at all* for several months.

Um, isn’t this like giving a crack addict an AMEX card that’s accepted at every crackhouse, liquor store, and whorehouse in the city? Without limit? For months?

Seriously – what is to prohibit them from borrowing and spending $10trillion dollars per month, if the Chinese will lend it to them?

Midas on January 23, 2013 at 5:40 PM

It is the best we can do when the democrats control the Senate and the Presidency…

mnjg on January 23, 2013 at 3:26 PM

Are you f*cking serious? Well, I suppose it is the best we can do, if the Republicans are as stone stupid as your comment, lol.

Midas on January 23, 2013 at 5:44 PM

Oh dear, the old harpy nan is upset? Well so what? Get with your d’s in the sentate and getter done sugar!
L

letget on January 23, 2013 at 5:56 PM

fisting fisters fist furiously

Seven Percent Solution on January 23, 2013 at 3:26 PM

… (:->) …

KOOLAID2 on January 23, 2013 at 8:11 PM