House Votes Wednesday To Raise Debt Limit

Posted by | January 21, 2013 11:16 | Filed under: Top Stories


This would prevent the first-ever government default.

The vote marks a change in strategy for House Republicans who run the chamber and who remain adamant about reducing government spending but decided not to use the debt limit to trigger a confrontation with President Barack Obama.

Instead, they have said the debt increase measure will require the House and Senate to approve budgets that call for spending cuts, with pay withheld for lawmakers in either house that failed to do so.

 

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By: Alan

Alan Colmes is the publisher of Liberaland.