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标题: [基础分析] House rejects Senate Dems debt-limit bill [打印本页]

作者: tfmegatron 时间: 2011-7-30 15:44 标题: House rejects Senate Dems debt-limit bill

本帖最后由 tfmegatron 于 2011-7-30 15:48 编辑

WASHINGTON (AP) -- The Republican-led House on Saturday rejected a Senate Democratic bill to raise the nation's debt limit just three days before the deadline to avert an unprecedented U.S. financial default. President Barack Obama and lawmakers remained at loggerheads on any possible compromise.

With tensions high at a rare weekend session, the legislation failed on a 246-173 vote that was largely symbolic. The Senate has yet to vote on the bill.

Saturday's result, however, could pave the way for negotiations on a compromise with Tuesday's deadline on the government's ability to pay its bills fast approaching. Senate Democratic Leader Harry Reid, D-Nev., and House leader Nancy Pelosi, D-Calif., were heading to the White House late Saturday.

Obama, in his weekly radio and Internet address, warned that "there is very little time" and pleaded with both Republicans and Democrats to stop political gamesmanship.

"The time for compromise on behalf of the American people is now," Obama said.

Pelosi, for her part, told the House it was "time to end this theater of the absurd. It's time for us to get real."

Resolution remained elusive. Some 43 Senate Republicans said they opposed the Democratic bill by Reid. His alternative measure would raise the debt limit by $2.4 trillion while cutting spending by $2.2 trillion.

In a letter to Reid, they wrote that the bill "fails to address our current fiscal imbalance and lacks any serious effort to ensure that any subsequent spending cuts are enacted." The 43 are enough to block passage of Reid's bill.

Setting the stage for the high-stakes weekend, Senate Democrats late Friday killed a House-passed debt-limit increase and budget-cutting bill less than two hours after it squeaked through the House. Reid set up a test vote for the wee hours of Sunday morning to break a GOP filibuster on his own legislation.

Saturday's debate in the House was heated and sometimes nasty, with occasional efforts to shout down speakers. Rep. Sander Levin, D-Mich., railed against the "pernicious nonsense" from Republican Rep. David Dreier of California.

Freshman Rep. Alan Nunnelee, R-Miss., said, "This Harry Reid plan offers no real solutions to the out-of-control spending problems."

Countered Rep. Jim Clyburn, D-S.C.: "The clock is ticking and Republicans are continuing to play political games."

Rep. Jerry Lewis, R-Calif., read a statement that then-Sen. Barack Obama had delivered years ago against raising the debt limit.

House Democrats said they would put aside their resistance to legislation that makes deep spending cuts and back the measure in a show of strength that could improve Reid's leverage in negotiations.

"There are some misgivings, but it's the only game in town," said Rep. Gerald Connolly, D-Va., as he emerged from an hour-long closed door meeting.

Democrats, Republicans and the White House, meanwhile, were expected to be deep in conversation in hopes of a potential compromise. Senate GOP leader Mitch McConnell of Kentucky was likely to play a pivotal role.

The outcome of the weekend endgame was anything but clear as Democrats and Republicans remained at odds over how to force lawmakers to come up with additional budget savings later this year beyond the almost $1 trillion in agency budget cuts over the coming decade that they basically agree on.

At the start of the Senate's session Saturday, Reid appealed to Republicans to work with him on his proposal, particularly McConnell.

"We're willing to listen to Republican ideas to make this proposal better, but time is running short," Reid said.

McConnell said the Reid plan wasn't "going anywhere. Senate Republicans refuse to go along with this transparently political and deeply irresponsible ploy to give the president cover to make our debt crisis even worse than it already is."

After a brutal week on Wall Street -- investors lost hundreds of billions of dollars as the markets lost ground every day -- pressure is intense to produce an accord before the Asian markets open on Sunday afternoon.

The House measure squeaked through on a 218-210 vote, with 22 Republicans joining united Democrats in opposing the GOP measure, which pairs an immediate $900 billion increase in U.S. borrowing authority along with $917 billion in spending cuts spread over the coming decade.

Friday's roll call came after Boehner had been forced to call off a vote slated for Thursday in the face of tea party opposition to the measure. He added a provision requiring that a second, up to $1.6 trillion debt increase be conditioned on House and Senate passage of a balanced-budget amendment to the Constitution, which would require an unrealistic two-thirds vote by each chamber to send it to the states for ratification.

Boehner's move only cemented Democratic opposition to the measure and complicated prospects for a weekend compromise that could clear both houses and win Obama's signature by next Tuesday's deadline. And by appeasing the tea party by adding the balanced-budget amendment poison pill, Boehner seemed to hand endgame leverage to Reid and Obama.

Boehner said the House bill -- before the addition of the balanced-budget amendment -- mirrored an agreement worked out with Reid last weekend.

Still, as soon as the measure reached the Senate side of the Capitol, Senate Democrats scuttled it. The vote was 59-41, with all Democrats, two independents and six Republicans joining in opposition.

Reid's alternative measure would raise the debt limit by up to $2.4 trillion, enough to meet a demand by Obama that the increase be sufficient so that Congress doesn't have to wrestle with it again until 2013.

Administration officials say that without legislation in place by the end of Tuesday, the Treasury will no longer be able to pay all its bills. The result could inflict significant damage on the economy, they add, causing interest rates to rise and financial markets to sink.

Executives from the country's biggest banks met with U.S. Treasury officials to discuss how debt auctions will be handled if Congress fails to raise the borrowing limit before Tuesday's deadline.

作者: 看彩云伴海鸥 时间: 2011-7-30 16:16

作者: 何鸿燊 时间: 2011-7-30 16:56

参议院少数党领袖麦康奈尔透露，他与总统奥巴马一个小时前已会面，相信将尽快就一个债务上限方案达成共识。众议院多数党领袖博纳表示，相信债务上限问题很快将获解决。\

作者: 看彩云伴海鸥 时间: 2011-7-30 17:56

怎么回事，连发了怎么多篇出来，不过还是先顶一下！

作者: 黄道吉日 时间: 2011-7-30 17:58

本帖最后由黄道吉日于 2011-7-30 18:00 编辑

参议院少数党领袖麦康奈尔透露，他与总统奥巴马一个小时前已会面，相信将尽快就一个债务上限方案达成共识。 ...
何鸿燊发表于 2011-7-30 16:58

你复读机啊。。。

作者: 西门吹雪 时间: 2011-7-30 19:31

作者: 何鸿燊 时间: 2011-7-30 20:12

wk。网站出错。上不去，结果成这个样子！

作者: 黄道吉日 时间: 2011-7-30 20:35

　　公交车上超挤，有一女人站在门口，
　　从车后面挤过来一个ＧＧ要下车，
　　跟那女的说了一句“让一下，下车”，那个女滴木有动。
　　ＧＧ挤过去时就踩到她了。
　　结果那女人好厉害的，不停的骂“神经病啊你！神经病啊你！~~”，还超大声，搞得全车都看呀。
　　ＧＧ一直木有说话，下车时忍不了了，回头对那女人说，“复读机呀你！”
　　全车人暴笑~！
　　后边有几个搞笑的小孩，不停的伴演刚才的一幕，
　　甲说“你神经病呀你！。。。。。乙说“你复读机呀你”。。。。。。
　　全车人暴笑~！
　　后来，有个小ＭＭ也要下车，挤过去怯怯滴说“偶~偶~偶想下去，偶不是神经病~！”
　　全车人再次暴笑~！
　　那个女人木有说话，可是从边上飘来一句话“你是不是没电了”
　　全车人暴笑不止~！

作者: 黄道吉日 时间: 2011-7-30 20:35

今天在公交车上，由于拥挤一男一女发生了碰撞。
时髦女郎回头飞眼道：“你有病啊？”
男子觉得莫名其妙回道：“你有药吗？”
车上人窃笑！
女子觉得生气回道：“你有精神病啊？”
男子冷面对道：“你能治啊？”
全车人爆笑！
公交司机停车，趴在方向盘上大笑！

作者: 黄道吉日 时间: 2011-7-30 20:37

wk。网站出错。上不去，结果成这个样子！
何鸿燊发表于 2011-7-30 20:12

你是不是没电了？。。。

作者: 何鸿燊 时间: 2011-7-31 00:09

according to ABC's Jonathan Karl, the White House and the GOP have just reached a tentative deal as follows...

Debt ceiling increase of up to $2.8 trillion
Spending cuts of roughly $1 trillion
Special committee to recommend cuts of $1.8 trillion (or whatever it takes to add up to the total of the debt ceiling increase)
Committee must make recommendations before Thanksgiving recess
If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare.

In other words, virtually the same as the Boehner deal in the actual cuts, which will likely be back-end loaded (we expect about $10-20 billion in 2012 cuts), but the Democrats get what they want in that it will not require a second debt ceiling hike before Obama's re-elecetion as $2.8 trillion should last well into 2013. As for "future cuts", well, that's easily what Congress is so very good at. Indefinite future cuts that is.

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