Senate Democratic Leader Harry Reid says he will call for a vote Friday on his plan to cut government spending by $2.4 trillion while raising the legal limit on borrowing enough to fund the government through the end of 2012. President Obama is scheduled to make remarks on the issue within the hour. U.S. stock […]
US Senate to Vote on Democrat Debt/Deficit Plan
US Republican Leaders Looking for New Debt Plan
Republicans in the U.S. House of Representatives are meeting Friday to once again revise their plan to raise the U.S. borrowing limit and cut government spending, just four days before the government faces a possible default on its financial obligations. Republican leaders were forced to delay on a vote Thursday night on a plan crafted […]
US Congressional Vote on Debt Issue Postponed
Republican leaders in the U.S. House of Representatives will attempt to hold a vote Fridy on their plan to raise the U.S. borrowing limit and cut spending after they were forced to postpone the vote due to opposition in their party. The Republican-led House was scheduled to vote Thursday on a plan crafted by Speaker […]
US Congressional Vote on Debt Issue Postponed
Leaders of the U.S. House of Representatives announced late Thursday night that they will not hold a vote on a Republican plan to raise the U.S. borrowing limit and cut spending. The vote was scheduled to be held earlier Thursday, but news outlets said the vote was delayed because Republican leaders are seeking more support […]
US Congressional Vote on Debt Issue Delayed
A vote in the House of Representatives on a Republican plan to raise the U.S. debt ceiling and cut spending has been postponed. U.S. media, quoting congressional sources, say the vote was delayed because Republican leaders are seeking more congressional support to pass a plan put forth by House Speaker John Boehner. It is not […]
US Congressional Vote on Debt Issue Delayed
U.S. congressional sources say a vote in the House of Representatives on a Republican plan to raise the debt ceiling and cut spending has been postponed. U.S. media quoting the sources say the vote has been delayed because Republican leaders are seeking more congressional support to pass a plan put forth by House Speaker John […]
US Congress Set to Vote On Debt Issue
The U.S. House of Representatives is to vote late Thursday on a plan by Republican House Speaker John Boehner to raise the debt ceiling and cut spending. Boehner’s plan calls for raising the country’s $14.3 trillion borrowing limit, in exchange for billions of dollars in spending cuts. Before the vote, House Minority Whip Steny Hoyer […]
US Congress Set to Vote On Debt Issue
The U.S. House of Representatives is to vote Thursday on a plan by Republican House Speaker John Boehner to raise the debt ceiling and cut spending. Boehner’s plan calls for raising the country’s $14.3 trillion borrowing limit, in exchange for billions of dollars in spending cuts. But Senate Majority Leader Harry Reid said on his […]
US Congress Set To Vote On Debt Issue
The U.S. House of Representatives is to vote Thursday on a plan by Republican House Speaker John Boehner to raise the debt ceiling and cut spending. Boehner’s plan has attracted criticism from the ultra-conservative Tea Party faction of the Republican party, and opposition from Democrats. Conservatives say it cuts too little spending, Democrats complain Boehner’s […]
US Congress Set To Vote On Debt Issue
The U.S. House of Representatives is to vote Thursday on a plan by Republican House Speaker John Boehner to raise the debt ceiling and cut spending. Boehner’s plan has attracted criticism from the ultra-conservative Tea Party faction of the Republican party, and opposition from Democrats. Conservatives say it cuts too little spending, Democrats complain Boehner’s […]