House Passes Debt Ceiling Suspension

Written by Larry Crippen. Posted in Local News, News

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House Passes Debt Ceiling Suspension

Published on January 24, 2013 by Larry Crippen

Wednesday, the House of Representatives voted in favor of a bill to suspend the debt ceiling through May 18th. The bill had bipartisan support and passed 285 to 144.

There is a provision in the bill focused on forcing Democrats in the Senate to adopt a budget for the first time in four years. If they do not come up with a budget, the provision witholds pay for members.

Senator John Cornyn commented on the bill previous to its passage in the House . . . .

CORNNOBUDG1-23-13

The next steps involve the Senate’s passage and the president signing it into law.

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