Community | July 22, 2011 | 3 comments

Harry Reid: "Cut, cap and balance worst piece of legislation ever"

source: http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and-balance-pla...

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congoboy
The Senate on Friday voted to "table," or kill, a House Republican proposal to "cut, cap and balance" the budget that Majority Leader Harry Reid called the single worst piece of legislation ever to hit the Senate floor.

The House Republican "Cut, Cap and Balance" (measure) is now over. It's done, dead," Reid said after the 51-46 vote.

With its defeat, lawmakers are still looking for a deal to cut federal spending while raising the nation's $14.3 trillion debt ceiling. The Obama administration says the limit must be increased by Aug. 2 or the country could default on its loans or otherwise be forced to shut down services.

The Democratic criticism of the plan, which would require a Balanced Budget Amendment to be voted on after cutting federal spending and capping the amount Congress could increase future expenses without corresponding cuts, infuriated GOP members who say it is exactly what President Obama asked for in a debt deal.

Read more: http://www.foxnews.com/politics/2011/07/22/senate-votes-to-set-aside-cut-cap-and...
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    Harry Reid,  CAP,  Cut,  and balance
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3 comments // Harry Reid: "Cut, cap and balance worst piece of legislation ever"

  • congoboy
    • 0
      congoboy  

    • hmmm...even worse than the legislation that interned the japanese during world war 2? or the legislation that kept slave holding alive? or errr ahhh the legislation that kicked native americans off their own land? sounds like ol harry's grabin at straws. if we all ran our households the way the government runs the country we'd be living in poverty or be in jail

    • 10 months ago
  • Schnookums
  • congoboy
    • 0
      congoboy  
    • Schnookums:

      actually your country is failing under democratic out of control spending. its not a debt problem its a spending one. obama has increased the national debt by 40% in 2 years. now thats change we can all believe in beautiful!

    • 10 months ago
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