House Speaker John Boehner
July 26, 2011 by USA Post
House Speaker John Boehner, President Obama and House of Representatives, John Boehner, fought in the directions of back-to-back to the nation on Monday in primetime, after House Republicans and Senate Democrats emerged with plans competence to address the U.S. debt roof.
One of the biggest obstacles: the size of the increase in debt limit. House Republicans want a one trillion and rising – enough to last about six months, with future increases linked to more cuts and a vote in the House and Senate in a balanced budget amendment. The Senate wants and 2.4 billion dollars, enough to through the 2012 elections. NTAuMTYuOTcuOTY=
“Based on what we have seen in recent weeks, we know what to expect six months from now,” Obama said during a primetime speech to the nation, asking Americans to urge Congress to make concessions.
HISTORY: The deadline for the discussion of the debt may be later than expected
House of Representatives, John Boehner, said he tried to work with Obama, but the president “would be yes for an answer.”
“The sad truth is that the president wanted a blank check for six months and wants a blank check today,” said Boehner.
With a House vote scheduled for Wednesday on the Boehner plan and no timetable in the Senate a slower pace, a few days would be up to reconcile the two before the government faces the possibility of default.
However, there is a movement: Both plans have tax increases off the table, the Democrats had insisted on something as part of a great deal of deficit reduction. Republicans also have softened their demand for an increase in the debt limit subject to an immediate vote on a balanced budget amendment.
Both sides have settled on an immediate vote of at least $ 1.2 billion and in spending cuts. They also agreed that it should be a process to propose cuts to come, and give an up or down vote.
The House Republican plan is a modified version of the bill passed the House but rejected by the Senate last week. The vote of a balanced budget amendment would be delayed, and many of the spending cuts would be up to a congressional committee.
Some conservatives said they would not support anything less than the original House position. “Washington wants an agreement. Americans want a solution,” said Rep. Jim Jordan, R-Ohio.
The Senate plan, by Majority Leader Harry Reid, D-Nev., Proposes to 2700 billion in cuts over 10 years without the right to reduce benefits like Social Security or Medicare.
Reid said he also meets two Republican demands: No tax increases and spending cuts, at least as large as the increase in the debt limit.
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