WAMU 88.5 : News

Filed Under:

House Republicans Pass 'Plan B' For Debt Ceiling

Play associated audio
http://www.flickr.com/photos/nostri-imago/3063022330/

Remember when the federal government lost its Triple-A credit rating? That was because of partisan bickering over raising the debt ceiling.

While the two parties haven't even started serious negotiations over raising it again, House Republicans already passed their plan B. The bill allows the government to pay Social Security beneficiaries and foreign governments if Congress fails to raise the debt ceiling.

Rep. Chris Van Hollen, D-Md. says the bill picks winners and losers instead of dealing with the entire budget.

"In this bill, our veterans are not a priority," says Van Hollen. "Our troops risking their lives in Afghanistan, they're not a priority. China is a priority. They're not."

Republicans argue they aren't preparing for the U.S. to default on its debt for the first time in history. They say they're merely giving the government wiggle room if Congress fails to reach a deal. But Rep. John Delaney, D-Md. argues even passing the bill sends a signal to other countries that the U.S. is weak.

"To try to impose that on the United States, which is a fabulous credit, can always repay its debts, is really I think not only silly, but reflects a lack of understanding as to what credit, debt, and finance really means."

The bill isn't expected to even come up for a vote in the Senate, and even if it did President Obama has threatened to veto it. Still, the bill reignites a contentious debate that's not going away anytime soon.

NPR

Once Outlaws, Young Lords Find A Museum Home For Radical Roots

Inspired by the Black Panthers, the Young Lords were formed in New York City by a group of Puerto Rican youth in 1969. Their history is now on display in a new exhibition.
NPR

Europe's Taste For Caviar Is Putting Pressure On A Great Lakes Fish

Scientists say lake herring, a key fish in Lake Superior's food web, is suffering because of mild winters and Europe's appetite for roe. Some say the species may be at risk of "collapse."
WAMU 88.5

A Congressional Attempt To Speed The Development Of Lifesaving Treatments

Earlier this month, the House of Representatives passed the 21st Century Cures Act in a rare bi-partisan effort. The bill is meant to speed the development of lifesaving treatments, but critics warn it may also allow ineffective or even harmful drugs onto the market.

NPR

Some Google Street View Cars Now Track Pollution Levels

Google's already tested three of the pollution-sensor equipped cars in Denver, and is currently trying them out in the Bay Area.

Leave a Comment

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