The Hill's Alex Bolton: So Many Debt Limit Plans, So Little Time | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

The Hill's Alex Bolton: So Many Debt Limit Plans, So Little Time

Play associated audio

House Speaker John Boehner (R-Ohio) is waiting to see if his colleagues will vote for his plan, which includes a phased approach to increasing the debt limit as well as cutting spending. Boehner's plan would implement a $1 trillion debt limit increase and $1.2 trillion in spending cuts now, and then add another $1.6 trillion increase in the debt limit and $1.8 trillion in spending cuts later.

It's unclear at this time whether Tea Party members and other conservatives will line up behind the plan, however.

"Conservatives aren't happy with this plan; they want passage of a balanced budget amendment," Bolton says. "And they're threatening to vote against it and kill it in the house."

House Majority Leader Eric Cantor (R-Va.) told a group of his conservative colleagues in a private meeting Tuesday to "stop their grumbling and whining," adds Bolton.

Prospects for an alternative plan from Senate Majority Leader Harry Reid (D-Nev.) seem just as murky. It would need 60 votes to pass the Senate, meaning it would have to garner some Republican votes. If Boehner's plan passes in the House, however, Bolton expect Republicans would likely line up behind that scheme and vote down Reid's proposal.

"It's hard to see at this point how the party leaders bridge this gap," Bolton says. Reid and Senate Minority Leader Mitch McConnell (R-Ky.) are reportedly working on a hybrid plan that would be a mix of Boehner and Reid's proposals, "but right now there is no path forward," says Bolton.

WAMU 88.5

Art Beat With Lauren Landau, July 22

This weekend you can see two classic operas about sex, jealousy and drama or sit down for a children’s theater performance that takes a lighter look at love.

WAMU 88.5

Two Chicken Megafarms Proposed In Delaware

Delaware is already a big state for the poultry industry, but proposals for two new megafarms could take things to the next level.

WAMU 88.5

Transportation Secretaries Past And Present Sign Open Letter To Congress

Congress keeps kicking the transportation funding plan down the road, which has prompted a group of 11 former federal transportation secretaries along with Secretary Anthony Foxx, to call for long-term investment in infrastructure.

NPR

North Korea Is Not Pleased: Dance Video Features Kim Jong Un

Citing a threat to the leader's dignity, North Korea reportedly asks China to block a video that inserts Kim Jong Un's image into bizarre situations, all set to a bouncy dance track.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.