House leader says no debt ceiling increase without spending cuts

[Guns Guns Guns]

Even with every Democrat voting “yes,” the bill would fail, as all Republicans are expected to vote against the legislation, which needs a two-thirds majority for passage.







House Minority Whip Steny Hoyer is advising Democratic colleagues to not support a Republican bill that would raise the federal debt limit without accompanying spending cuts.




http://www.politico.com/news/stories/0511/55945.html#ixzz1NxmLUSeg

 

[Damocles]

There are Democrats who will vote against it as well. It will be a bipartisan rejection of increasing the cap without a serious discussion of reducing spending. It really is about the spending.

 

[Guns Guns Guns]

Republicans dealt defeat to their own proposal for a $2.4 trillion increase in the nation's debt limit Tuesday, a political gambit designed to reinforce a demand for spending cuts to accompany any increase in government borrowing.



Political maneuvering on legislation to raise the debt limit has become common in recent years, as federal deficits have soared, and presidents of both political parties have been forced to seek authority to borrow additional trillions of dollars.



http://www.foxnews.com/politics/2011/05/31/house-rejects-raise-debt-limit/