Thursday, July 28, 2011

No debt limit increase vote on Thursday, July 28

Washington – After hours of postponement, summoning “reluctant” Republicans to the Speaker's office, and other forms of stalling, the leadership passed the word at 10:30 p.m. ET.

There will be no vote on a plan to raise the debt limit by almost a trillion dollars while at the same time cutting federal spending by an equal amount over the course of ten years – at least not during this 24-hour time perio.

“The Speaker does not have the votes,” a laconic message displayed at the bottom of the House of Representatives' C-Span screen announced.

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