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House to vote on three-month debt limit hike
MarketWatch ^ | 1/18/13 | Robert Schroeder

Posted on 01/18/2013 10:19:28 AM PST by illiac

WASHINGTON (MarketWatch) -- The House of Representatives will vote next week to authorize a three-month increase in the debt ceiling, House Majority Leader Eric Cantor said Friday. "Next week, we will authorize a three month temporary debt limit increase to give the Senate and House time to pass a budget,"

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: budget; economy; government
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To: illiac

what a joke...


21 posted on 01/18/2013 10:42:18 AM PST by pgkdan ( "Those who hammer their guns into plows will plow for those who do not." ~Thomas Jefferson)
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To: illiac

So, once again, the gutless wonders in Congress kick the can down the road.

And, we pay these people nearly $200K per year for doing what!??


22 posted on 01/18/2013 10:42:33 AM PST by DustyMoment (Congress - another name for anti-American criminals!!)
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To: DustyMoment

I’m surprised these leeches even know what a can is....


23 posted on 01/18/2013 10:44:44 AM PST by illiac (If we don't change directions soon, we'll get where we're going)
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To: Cboldt

Classic propaganda. Rather than say they increased it $400 billion or whatever it is we overspend in 3 months, they phrase it so the public won’t freak out by the huge number. So we get “3 month increase”. That’s a lot more palatable according to the reactions from the test subjects polled.


24 posted on 01/18/2013 10:48:00 AM PST by lwd
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To: circlecity; Lurkina.n.Learnin; Seattle Conservative
RE :”This is a good idea. Each time it comes up just increase it enough for a couple of month so Obama has to come back over and over begging to borrow more money while never offering to cut a thing. It will keep the focus on the tab the progressive socialists keep running up.”

I wouldnt call it ‘begging’ but it does force him to take time away from whatever his is selling Americans (on TV) to complain about it, demand, and accuse Rs, argue for more debt, etc, and the more often the better.

I would think at some point O demands a larger extension through the 2014 race as he did in 2011, but that is a tougher play for him.

I don't join in on the ritual wailing ("Oh, Boher sold us out again, rats') here because most of these things are so predictible. the whining is just boring now.

25 posted on 01/18/2013 10:48:09 AM PST by sickoflibs (Losing to O is NO principle!)
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To: illiac

I keep thinking of the alcoholic who keeps saying “ just enough money for one more drink, then I’ll quit for good”


26 posted on 01/18/2013 10:56:57 AM PST by bestintxas (Anyone who votes for Obama after these 4 miserable years needs to take a mandatory citizenship test.)
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To: circlecity
I agree. Gives us time for Obama to get over his inauguration honeymoon.
27 posted on 01/18/2013 11:10:57 AM PST by what's up
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To: circlecity; Lurkina.n.Learnin; Seattle Conservative; Arthurio; mike_9958; Perdogg; Longbow1969; ...
I posted the three month idea here myself, not long ago,

If they tried the big stand now (debt for entitlement cuts) there is no doubt they would given in anyway (because they would get all the blame) and by then it would be total humilation and the same standard circular firing squad we saw after the tax deal. It would be Christmas again for Dems and civil war again for Rs.

If they pass the three month extension with any luck O will reject it, as he did the plan B,and the shorter term extension in 2011 , and then House Rs can make him defend that, make him argue that a 3 month is not big enough. That would be a tough sell now.

Rs have to try to win some.

28 posted on 01/18/2013 11:13:01 AM PST by sickoflibs (Losing to O is NO principle!)
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To: illiac
Someone please tell me again why we have a Republican party, because I can't seem to remember.
29 posted on 01/18/2013 11:22:21 AM PST by Deo volente (God willing, America shall survive this Obamanation.)
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To: Lurkina.n.Learnin

3 months also gets past the Inaugural speech.

While Obama will still take some gratuitous pot shots at republicans and congress, they will look more like the gratuitous pot shots that they will be.


30 posted on 01/18/2013 11:22:50 AM PST by glorgau
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To: illiac

The GOP icon needs to be changed from an elephant to a folding lawn chair.


31 posted on 01/18/2013 11:27:12 AM PST by jeffc (The U.S. media are our enemy)
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To: illiac
note to republican:
"TOO LATE!....the horses / livestock have ALREADY left the Barn..."
the barn is in horrible disrepair and starting to burn.

32 posted on 01/18/2013 11:28:36 AM PST by skinkinthegrass (who'll take tomorrow,spend it all today;who can take your income,tax it all away..0'Bozo man can :-)
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To: jeffc

How perfect....LOL


33 posted on 01/18/2013 11:29:14 AM PST by illiac (If we don't change directions soon, we'll get where we're going)
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To: jimbo123

This is a total capitulation again by the republicans. Spineless and worthless. I will never vote for another republican unless they are Tea Party again. This cowardice is sickening to watch. None of them are worth anything. Terrible. But the sheeple are snoozing. It’s friday.


34 posted on 01/18/2013 11:54:11 AM PST by willardwx
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To: circlecity; Lurkina.n.Learnin; Seattle Conservative; Arthurio; mike_9958

One more thought on this,
what if Bohner cant get a three month passed because O demands more, so all Dems vote NO, and a bunch of House Rs vote no too? Kind of like what happened with plan B.

Just a thought.


35 posted on 01/18/2013 12:27:55 PM PST by sickoflibs (Losing to O is NO principle!)
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To: sickoflibs

These ( Can Kickers) need to be retired. Remember ( Not to decide is to decide)


36 posted on 01/18/2013 12:34:35 PM PST by BooBoo1000 (Some times I wake up grumpy,,, other times I just let her sleep.)
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To: sickoflibs

These ( Can Kickers) need to be retired. Remember ( Not to decide is to decide)


37 posted on 01/18/2013 12:34:58 PM PST by BooBoo1000 (Some times I wake up grumpy,,, other times I just let her sleep.)
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To: sickoflibs

These ( Can Kickers) need to be retired. Remember ( Not to decide is to decide)


38 posted on 01/18/2013 12:35:16 PM PST by BooBoo1000 (Some times I wake up grumpy,,, other times I just let her sleep.)
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To: sickoflibs

These ( Can Kickers) need to be retired. Remember ( Not to decide is to decide)


39 posted on 01/18/2013 12:35:27 PM PST by BooBoo1000 (Some times I wake up grumpy,,, other times I just let her sleep.)
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To: sickoflibs

These ( Can Kickers) need to be retired. Remember ( Not to decide is to decide)


40 posted on 01/18/2013 12:35:36 PM PST by BooBoo1000 (Some times I wake up grumpy,,, other times I just let her sleep.)
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