The Crimson Cyclone wrote:so when does this get voted on?

The Nightman Cometh wrote:Who gives a #$!&@ about defense sequestration.

RichmondPhilsFan wrote:

The Nightman Cometh wrote:Who gives a #$!&@ about defense sequestration.

People who live in areas that depend heavily on defense spending.

td11 wrote:from the politico summary of the reid-mcconnell deal:

The plan includes a proposal offered by McConnell in the 2011 debt ceiling crisis that allows Congress to disapprove of the debt ceiling increase, which means lawmakers will formally vote on whether to reject of the debt ceiling increase until Feb. 7. Obama can veto that legislation if it passes. If Congress fails as expected to gather a two-thirds majority to override the veto, the debt ceiling would be raised.

Read more: http://www.politico.com/story/2013/10/g ... z2htzprCbL

so they want to change it so you have to actively vote to NOT raise the debt ceiling. we're still at sequestration level funding, but this is good

The surrender terms negotiated by Harry Reid and Mitch McConnell have an interesting provision, which would change the way Congress votes on the next debt-limit increase:
The plan includes a proposal offered by McConnell in the 2011 debt ceiling crisis that allows Congress to disapprove of the debt ceiling increase, which means lawmakers will formally vote on whether to reject a debt ceiling increase until Feb. 7. Obama can veto that legislation if it passes. If Congress fails as expected to gather a two-thirds majority to override the veto, the debt ceiling would be raised.
If that’s confusing, the gist is that it changes the mechanics of the vote to make failure nearly impossible. Instead of needing Congress to approve a debt-ceiling increase, Congress has to override an Obama veto in order to prevent it. So now it would take a two-thirds vote to trigger the kind of terrifying failure that before could have been triggered by a 50 percent–plus–one vote.
That mechanism would utterly defang the debt ceiling, returning it to its historical place as an opportunity for ineffectual posturing rather than extortion. Alas, it only applies to the next debt-ceiling vote.

td11 wrote:from the politico summary of the reid-mcconnell deal:

The plan includes a proposal offered by McConnell in the 2011 debt ceiling crisis that allows Congress to disapprove of the debt ceiling increase, which means lawmakers will formally vote on whether to reject of the debt ceiling increase until Feb. 7. Obama can veto that legislation if it passes. If Congress fails as expected to gather a two-thirds majority to override the veto, the debt ceiling would be raised.

Read more: http://www.politico.com/story/2013/10/g ... z2htzprCbL

so they want to change it so you have to actively vote to NOT raise the debt ceiling. we're still at sequestration level funding, but this is good

The surrender terms negotiated by Harry Reid and Mitch McConnell have an interesting provision, which would change the way Congress votes on the next debt-limit increase:
The plan includes a proposal offered by McConnell in the 2011 debt ceiling crisis that allows Congress to disapprove of the debt ceiling increase, which means lawmakers will formally vote on whether to reject a debt ceiling increase until Feb. 7. Obama can veto that legislation if it passes. If Congress fails as expected to gather a two-thirds majority to override the veto, the debt ceiling would be raised.
If that’s confusing, the gist is that it changes the mechanics of the vote to make failure nearly impossible. Instead of needing Congress to approve a debt-ceiling increase, Congress has to override an Obama veto in order to prevent it. So now it would take a two-thirds vote to trigger the kind of terrifying failure that before could have been triggered by a 50 percent–plus–one vote.
That mechanism would utterly defang the debt ceiling, returning it to its historical place as an opportunity for ineffectual posturing rather than extortion. Alas, it only applies to the next debt-ceiling vote.

Phan In Phlorida wrote:The shutdown took $24 billion out of the US economy, cut yearly fourth quarter GDP growth, and has led to a downgraded economic growth estimate from S&P.

td11 wrote:

td11 wrote:That mechanism would utterly defang the debt ceiling, returning it to its historical place as an opportunity for ineffectual posturing rather than extortion. Alas, it only applies to the next debt-ceiling vote.

damn

but baby steps ¯\_(ツ)_/¯

Roger Dorn wrote:House passes vote, Obama to sign bill immediately