House Passes Boehner Debt Ceiling Plan, Action Moves To The Senate
After seemingly endless lobbying by Speaker John Boehner (R-OH), the House passed his plan to raise the debt ceiling for the United States government by a vote of 218 to 210.
The measure would raise the debt ceiling by $900 billion, a short-term solution to the government's need to borrow more money. It would also cut over $900 billion in federal spending over the next 10 years.
As Frank James reported earlier on It's All Politics, the Boehner plan finally got the votes it needed when a balanced-budget amendment provision was added to the legislation.
The proposal now goes to the Senate, where Leader Harry Reid (D-NV) has promised it will be defeated. Assuming that happens, Washington is left looking for answers where it has so far found none.
Ron Elving, however, has some well-educated guesses about where things go from here in another post over at It's All Politics.
