Blog Archive

Blog Archive

Tuesday, August 2, 2011

postheadericon Boehner: I got â98 percentâ of what I wanted in debt deal

House Speaker John Boehner (R-Ohio) said he got "98 percent" of what he wanted in the final deal to raise the debt ceiling.

"When you look at this final agreement that we came to with the White House, I got 98 percent of what I wanted. I'm pretty happy," Boehner said in an interview with CBS News on Monday evening.

He also said he expected to remain Speaker of the House.

Some political observers speculated Boehner's speakership was on the line as he sought Republican support for a compromise agreement congressional leaders negotiated with the White House.

The measure passed the House Monday 269-161 with 174 Republicans backing the bill. Sixty-six Republicans voted against the plan.

The deal is expected to pass the Senate on ! Tuesday, just barely ahead of the deadline when the Treasury Department projects the U.S. economy will default unless it raises the debt limit.

According to the Congressional Budget Office, the deal cuts federal deficits by $2.1 trillion over ten years while also raising the debt limit by an equal amount. The deal also creates a joint, bicameral committee of legislators charged with finding additional cuts.

The compromise includes no added revenues and the House and Senate to vote on a balanced budget amendment at some point in the last quarter of 2012 Both a bill without revenues and a balanced budget amendment had been a sticking point for conservatve Republicans throughout the negotiations. 


0 ความคิดเห็น: