Tuesday, July 26, 2011

House GOP revolts against Boehner plan

House Republicans do not have enough support to pass their debt-ceiling increase plan on their own, a top conservative said Tuesday as his party’s leaders tried to cobble together a coalition of Republicans and Democrats to put the bill over the top. - Washington Times

“There are not 218 Republicans in support of this plan,” Rep. Jim Jordan, an Ohio Republican who heads the powerful conservative caucus in the House, told reporters Tuesday morning....

Mr. Boehner’s bill would reduce future discretionary spending by $1.2 trillion, grant an immediate debt increase of $1 trillion, and set up a committee to work on trillions of dollars in future deficit reduction either through more spending cuts or tax increases, which would then earn another future debt increase. It would also require both the House and Senate to hold votes on a balanced budget amendment to the Constitution.

But conservative Republicans in the House, many allied to the tea party movement, said they don’t just want votes on the amendment, they want an assurance it will be sent to the states. Mr. Jordan and other conservatives said they would prefer the Senate vote on the debt increase the House passed last week, that includes deeper spending cuts and requires both chambers approve a balanced budget amendment and submit it to states for ratification before any debt increase happens.