The House And Senate Deficit Ceiling Plans

Update 8:40 pm:   House, Senate Democrats on Friday night tabled, 59-41, House Speaker John Boehner's bill to raise the debt limit.  Senate Majority Leader Harry Reid will now try to broker his own plan with Republicans and the White House before the debt ceiling expires on Aug. 2.

Update 7 pm: The Republican-controlled House voted 218-210 Friday passed Speaker John Boehner's plan to raise the federal debt ceiling, after it was revised to include a balanced-budget amendment. Meanwhile the Democratic majority in the Senate stood ready to reject the measure.

Senate Republican Leader Mitch McConnell responded to House bill: “The House has now passed its second bill in two weeks that would prevent a default and significantly cut Washington spending. . . . the Democrat majority here in the Senate has been wasting precious time rounding up ‘no’ votes. Rather than come up with a bill that can pass, they’ve been busy ginning up opposition to everything else. Now it’s time for them to act.”
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Today in Washington, D.C. - July 29, 2011:
Senate resumed consideration of S. 1323, the vehicle for Senate Majority Leader Harry Reid’s (D-NV) debt limit proposal. Reid filed his plan as an amendment to the bill and has filled the amendment tree, preventing further amendments.   Reid announced that he plans to move ahead with his bill today, regardless of what the House does.

House Republicans began a conference meeting - putting together votes for Speaker Boehner debt plan.

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