House passes Republican deficit plan, July 29 2011, Congress to pass a balanced budget amendment to the Constitution

House passes Republican deficit plan, July 29 2011, Congress to pass a balanced budget amendment to the Constitution

From the Chicago Tribune July 29, 2011.

“The House of Representatives approved a Republican deficit plan on Friday that has no chance of becoming law but could pave the way for a last-ditch bid for bipartisan compromise to avert a crippling national default.

With time running short ahead of a Tuesday deadline to raise the debt ceiling, the Republican-controlled House pushed the deficit-cutting plan through by a vote of 218-to-210 after the party’s leaders reworked the bill to appease anti-tax conservatives in their ranks.

The legislation, denounced earlier by President Barack Obama who had admonished lawmakers to stop wasting time and find a way “out of this mess,” was doomed to defeat in the Democratic-led Senate where all of Obama’s Democrats have vowed to vote against it later on Friday.

But the House vote broke weeks of political inertia and opened the door to talks on a compromise that could pass Congress before Tuesday. That is the deadline to lift the $14.3 trillion U.S. debt limit or else render the world’s largest economy unable to pay all of its bills.

Delays and procedural hurdles will now make it all but impossible for Congress to strike a deal and send it to Obama’s desk until the 11th hour, injecting a dangerous level of uncertainty into already rattled global financial markets. A late deal also raises the prospect of the United States losing its top-notch AAA credit rating.

Both sides have been at impasse for weeks with lawmakers locked in a blame game that has brought the country to the brink of an unprecedented default, which could plunge America back into recession and trigger economic turmoil globally.

World leaders have been stunned by the dysfunction in Washington. World Bank President Robert Zoellick on Friday said the United States was playing with fire.

America’s largest foreign creditor, China, has repeatedly urged Washington to protect its dollar investments and its state-run news agency on Friday said the United States had been “kidnapped” by “dangerously irresponsible” politics.”

Read more:

http://www.chicagotribune.com/business/sns-rt-us-usa-debttre7646s6-20110705,0,7498607.story

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21 responses to “House passes Republican deficit plan, July 29 2011, Congress to pass a balanced budget amendment to the Constitution

  1. truthbetold11

    This is like my kid who says look dad i got a D i passed.

  2. This is like my kid who says look dad i got a D i passed. these are useless need throw them all out. they have reach the tipping point

  3. OBAMA MUST STAND UP NOW OR STEP DOWN
    http://www.newswithviews.com/Vieira/edwin84.htm

  4. GBAmerica | July 29, 2011 at 9:05 pm |

    Hi GB,

    That article was from 2008 and we’re still stuck with him; he hasn’t exactly stepped down!

  5. Big showdown….Orly Taitz headed to Hawaii with 2 document experts.

    She will have a subpeona to see the original….all eyes should be
    on this event 8/8….

    Alert the media, facebook friends, etc

  6. Funny that obots would re invent the meaning of the 14th a to cast BHO as NBC. Now they come up with a new interpretation of the 14a to give him athourity to bypass congress. Judge Nap shoots this down,
    http://weaselzippers.us/2011/07/29/judge-andrew-napolitano-obama-using-the-14th-amendment-is-a-canard/

  7. Jay | July 30, 2011 at 12:17 am |

    Donate to Orly so she can stay at the Moana Surfrider !

  8. Doug Hagmann Interviews Steve Eichler Of Tea Party Dot Org On The Eligibility Of Obama – 7/28/11

  9. OT, but maybe not so much either. I’ve always liked hearing and reading about the noted Will Rogers, who was, as you know, not much for politicians and the antics of our government leaders, although he himself was very patriotic.
    For a change of pace I was reading his famous quotes and decided to share some of them with you.
    I wonder what he would say if he were alive today?

    Alexander Hamilton started the U.S. Treasury with nothing, and that was the closest our country has ever been to being even.
    Will Rogers

    An economist’s guess is liable to be as good as anybody else’s.
    Will Rogers

    Anything important is never left to the vote of the people. We only get to vote on some man; we never get to vote on what he is to do.
    Will Rogers

    Be thankful we’re not getting all the government we’re paying for.
    Will Rogers

    Everything is changing. People are taking their comedians seriously and the politicians as a joke.
    Will Rogers

    I don’t make jokes. I just watch the government and report the facts.
    Will Rogers

    I have a scheme for stopping war. It’s this – no nation is allowed to enter a war till they have paid for the last one.
    Will Rogers

    If I studied all my life, I couldn’t think up half the number of funny things passed in one session of congress.
    Will Rogers

    If you ever injected truth into politics you have no politics.
    Will Rogers

    Last year we said, ‘Things can’t go on like this’, and they didn’t, they got worse.
    Will Rogers

    There ought to be one day – just one – when there is open season on senators.
    Will Rogers

    There is nothing so stupid as the educated man if you get him off the thing he was educated in.
    Will Rogers

    This country has come to feel the same when Congress is in session as when the baby gets hold of a hammer.
    Will Rogers

    What the country needs is dirtier fingernails and cleaner minds.
    Will Rogers

  10. Ardith O'Rourke

    I think the people of Nevada should recall Harry Reid. What a disgrace the Democrats in Congress are. They have had 800 days to get this done.

  11. Everything is changing. People are taking their comedians seriously and the politicians as a joke.
    Will Rogers…
    ———————————————————————————–
    Boy isn’t that the Truth. Just look at Obama, Reid, Maher, Stewart, Pelosi, and Colbert! People take all these jokers seriously.

  12. Mr. Bill(ms. helga)

    Cabby-AZ – My two great heroes – Mark Twain and Will Rogers. I once visited the Rogers home in the Los Angeles area. If he was alive today he might have said – “I’ve never met a man that I didn’t like, except for the USURPER.”

  13. I personally think that Orly Taitz is indeed a very conscientious American,irregardless of her Soviet heritage. If anything, her past life in the Soviet Union has taught her what freedom is worth, and apparently she is willing to PAY THE PRICE. Yet there are far too many Americans who are perfectly satisfied to sit on their hands,and WATCH,rather than help. In so doing they are a facet of the “I don’t have time” crowd who sit back and try to inhale the results of OTHER people’s efforts. To me they are parasites.

  14. SueK,
    Just wishful thinking!!
    God Bless!!!

  15. Mr. Bill(ms. helga)

    PS – Speaking of the USURPER. His Birthday(???) is coming up next week.
    Here is what we should do.

    ATTENTION – According to Wikipedia the USURPER’S Birthday is next week.
    August 4th
    Here Is The Plan

    THE BIRTHDAY CARD PROJECT
    Here is the plan –
    1. Go to your nearest grocery store and buy an inexpensive Birthday card.
    2. Go home and write a little note saying “I hope this is your correct Birthday”
    3. This is important – Address as follows –
    Mr. Barry Soetoro
    1600 Kendonesia Ave. NW
    Usurperville, D.C. 20500
    4. This is doubly important .
    Place on the front top corner or back the following return address-
    1600 Pa. Ave.,N.W.
    Washington, D.C. 20500
    Either Way it get’s there.
    PS – I forgot that you don’t put any postage on it and they will return to sender. HAHAHAHA

    Now yo know why the Post Office is going broke.

  16. Hotlanta Mike

    Appearing in today’s American Thinker website…

    ‘Confessions of a Birther Evangelist’

    http://www.americanthinker.com/2011/07/confessions_of_a_birther_evangelist.html

  17. bob strauss

    Pat 1789 | July 30, 2011 at 12:23 pm |

    Interesting ruling by Judge Lamberth

    http://www.msnbc.msn.com/id/43946712/ns/politics-more_politics/
    ************************************
    Maybe judge Lamberth will release the grand jury testimony of Obama after he is deposed, for it’s historical value.

  18. bob strauss

    oldsalt79 | July 30, 2011 at 10:31 am |

    I personally think that Orly Taitz is indeed a very conscientious American,irregardless of her Soviet heritage. If anything, her past life in the Soviet Union has taught her what freedom is worth, and apparently she is willing to PAY THE PRICE. Yet there are far too many Americans who are perfectly satisfied to sit on their hands,and WATCH,rather than help. In so doing they are a facet of the “I don’t have time” crowd who sit back and try to inhale the results of OTHER people’s efforts. To me they are parasites.
    ****************************************************
    oldsalt79, I think Orly Taitz deserves more assistance from the American people than what she has received. She has worked tirelessly in this fight against our corrupt judiciary. She has been sanctioned $20,000.00 dollars, because she was brave enough to go up against the crooks, and ask for an ID from the usurper. Now she is going after the “fraud’s” birth certificate in Hawaii, and his fraudulent Social Security number in DC district court, I hope she gets the damn thing, and I hope her experts can “shoot down” the forgery. Every patriot of this country should be sending her support, in what ever means possible, she is currently our best hope in disclosing this fraud, with cases before the courts at this time.

  19. Hotlanta Mike

    bob strauss | July 30, 2011 at 1:13 pm |
    Pat 1789 | July 30, 2011 at 12:23 pm |

    Interesting ruling by Judge Lamberth

    http://www.msnbc.msn.com/id/43946712/ns/politics-more_politics/
    ************************************
    Maybe judge Lamberth will release the grand jury testimony of Obama after he is deposed, for it’s historical value.

    ===========================================

    Perhaps a pre-emptive stirke against any race baiters that would dare to calling his rulings against the mulatto marxist usurper racist.

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