Reid Tries to Kick Debt Fight Past 2014 Elections

Discussion in 'News / Current Events' started by Revmitchell, Oct 9, 2013.

  1. Revmitchell

    Revmitchell
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    Senate Majority Leader Harry Reid is preparing legislation to lift the debt ceiling by $1.1 trillion, enough to cover borrowing through the end of 2014. The move would push the next debate over the debt limit until well after the mid-term elections. Congress enacted a similar measure in 2011, pushing the debate past the 2012 elections.

    Reid's legislation would be, in Washington parlance, "clean." It would contain no spending cuts or spending reforms and would preserve the spending status quo. GOP Leader Mitch McConnell blasted Reid's proposal.

    “What he proposes is to raise the debt limit by $1 trillion but not do anything about the debt,” McConnell said. “Not a single reform to get spending under control. We’ve got a debt close to $17 trillion."

    http://www.breitbart.com/Big-Journalism/2013/10/09/Reid-Tries-to-Kick-Debt-Fight-After-2014
     
  2. Revmitchell

    Revmitchell
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    Republicans need not to let this happen at all costs
     

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