It looks like the House Republican leadership may have found a way to get their members to vote in favor of their debt limit plan: By adding a Balanced Budget Amendment requirement that makes the bill even more toxic to Senate Democrats and the White House.
Members say the bill is being changed to tie a second debt ceiling increase roughly six months from now to successfully sending a Balanced Budget Amendment to the states, which would require a 2/3 majority in both the House and the Senate.
They say a vote on the new version of House Speaker John Boehner's plan will be held today between 5:00 and 6:00 p.m. Eastern Time - and the bill will pass.
In reality, however, there is no chance that a Balanced Budget Amendment will get the two-thirds majority necessary for passage in both chambers. (To go into effect, it would also need to be ratified by three-fourths of the states.)
If Congress ends up passing some sort of compromise legislation between the Senate and House plans, the Balanced Budget Amendment will almost surely be stripped out.
http://www.cbsnews.com/8301-503544_1...91-503544.html
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