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Title: Senate passes two-year budget deal (McConnel(R) gives Obama a blank check)
Source:
CNN
URL Source: http://www.cnn.com/2015/10/30/polit ... te-budget-agreement-rand-paul/
Published: Oct 30, 2015
Author: Ted Barrett
Post Date: 2015-10-30 14:40:05 by Hondo68
Keywords: vote was 64 to 35, now goes to Obama, susp. debt limit to 3-17
Views: 534
Comments: 6
Washington (CNN)The Senate early Friday morning gave final approval to a large fiscal package that would prevent a U.S. default next week and lower the risk of a government shutdown in December. The bill, already cleared by the House, now goes to President Barack Obama, who is expected to sign it. The vote was 64 to 35. The measure, which suspends the nation's debt limit through March 2017 and increases federal spending for domestic and defense programs by more than $80 billion over the next two years, had broad support from Democrats but limited support from Republicans, many of whom complained the deal, brokered by bipartisan congressional leaders, contained too much spending. GOP presidential candidate Sen. Rand Paul of Kentucky forced a rare overnight Senate session when he filibustered the bill. "The right's going to get more military money, the left's going to get more welfare money. The secret handshake goes on, and the American public gets stuck with the bill," he said in a speech on the floor Thursday afternoon. "This deal will do nothing but explode the debt." Sen. Pat Toomey, a conservative Republican facing a tough re-election campaign in Pennsylvania, said the bill "fails to address our overspending problem." Texas Sen. Ted Cruz, who helped force the last government shutdown in 2013, said the deal gives Obama a "diamond-encrusted, glow-in-the-dark AmEx card." "And it has a special feature," Cruz continued. "The President gets to spend it now, and they don't even send him the bill. They send the bill to your kids and my kids. It's a pretty nifty card. You don't have to pay for it. You get to spend it and it's somebody else's problem." Other Republicans -- including those who work regularly across the aisle -- complained too. "The agreement reached by the White House and congressional leaders is yet another example of what the American people hate about Washington," said Sen. Bob Corker of Tennessee, who criticized the deal for relying on budget "gimmicks." The concerns by Senate Republicans were consistent with those of House Republicans, most of whom voted against the deal when it passed the House on Wednesday. But it was never really in doubt that Senate Republicans, led by their leadership, would provide enough votes to clear the Senate to ensure the U.S. would not default on its debt. Democrats insisted the agreement was worthwhile. "The budget agreement is good for the middle class, good for the economy, and good for the country," said Senate Democratic Leader Harry Reid, who worked quietly with bipartisan leaders in the House and Senate to cut the deal. And Obama said Friday morning that he applauded both parties for the bill's passage. "It is paid for in a responsible, balanced way -- in part with a measure to ensure that partnerships like hedge funds pay what they owe in taxes just like everybody else. It locks in two years of funding and should help break the cycle of shutdowns and manufactured crises that have harmed our economy," Obama said in a statement. The vote came hours after former House Speaker John Boehner retired and turned over the top House position to Rep. Paul Ryan, R-Wisconsin. Passage of the bill means Ryan can begin his new job with a slate cleaned of some of the most controversial issues before the Congress. Poster Comment: A blank check to fund illegal aliens, baby killing, gun confiscations, etc., plus whatever executive orders Obongo can think up. Story highlights
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#1. To: hondo68 (#0)
http://thomas.loc.gov/cgi-bin/query/z?c114:H.R.1314: 114hr1314eah/pdf/BILLS-114hr1314eah.pdf H.R.1314 Bipartisan Budget Act of 2015 (Engrossed Amendment House - EAH) TITLE IX--TEMPORARY EXTENSION OF PUBLIC DEBT LIMIT SEC. 901. TEMPORARY EXTENSION OF PUBLIC DEBT LIMIT. (b) Special Rule Relating to Obligations Issued During Extension Period- Effective March 16, 2017, the limitation in effect under section 3101(b) of title 31, United States Code, shall be increased to the extent that-- (2) the face amount of such obligations outstanding on the date of the enactment of this Act. SEC. 902. RESTORING CONGRESSIONAL AUTHORITY OVER THE NATIONAL DEBT. (b) Prohibition on Creation of Cash Reserve During Extension Period- The Secretary of the Treasury shall not issue obligations during the period specified in section 901(a) for the purpose of increasing the cash balance above normal operating balances in anticipation of the expiration of such period.
yeah it sucks . Speaker Bonehead's parting shot at the people he allegedly represents . This deal lasts into the new President's 1st year so it means the emperor gets his massive spending increases and the GOP gets nothing in return .
Quis custodiet ipsos custodes?
Of course he did. Who expected anything else? Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
https://www.youtube.com/watch?v=vOwrxCMDPfo Sen. Cruz: The Budget Deal Is a Corrupt Betrayal of the American People youtube
I heard he talked for all of 18 minutes and shut up when the originally scheduled time came for the vote on the bill... Vegetarians eat vegetables. Beware of humanitarians!
No one can stop the GOPe from behaving stupidly so that they can get Hillary elected, and then blame her for everything. A blank check to fund illegal aliens, baby killing, gun confiscations, etc., plus whatever executive orders Obongo can think up.
(a) In General- Section 3101(b) of title 31, United States Code, shall not apply for the period beginning on the date of the enactment of this Act and ending on March 15, 2017.
(1) the face amount of obligations issued under chapter 31 of such title and the face amount of obligations whose principal and interest are guaranteed by the United States Government (except guaranteed obligations held by the Secretary of the Treasury) outstanding on March 16, 2017, exceeds
(a) Extension Limited to Necessary Obligations- An obligation shall not be taken into account under section 901(b)(1) unless the issuance of such obligation was necessary to fund a commitment incurred pursuant to law by the Federal Government that required payment before March 16, 2017.
#2. To: hondo68 (#0)
#3. To: hondo68 (#0)
(McConnel(R) gives Obama a blank check)
#4. To: hondo68, tomder55, sneakypete (#0)
Published on Oct 29, 2015
#5. To: hondo68 (#0)
GOP presidential candidate Sen. Rand Paul of Kentucky forced a rare overnight Senate session when he filibustered the bill.
#6. To: CZ82, *The Two Parties ARE the Same* (#5)
I heard he talked for all of 18 minutes and shut up
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
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