Thursday, 14 July 2011

McConnell's plan


McConnell’s plan would give President Barack Obama the power to raise the debt ceiling three times through 2012, unless Congress stops it with a two-thirds majority vote. Under that plan, Republicans could vote against raising the debt ceiling without risking default.
“What may look like something less of an optimal today, if we’re unable to get to an agreement, might look good a couple of weeks from now,” the Ohio Republican told reporters on Thursday.
When asked whether there are votes in the House for McConnell’s proposal, Boehner said: “I have no method."
His remarks came during a press conference when 10 House Republicans talked up the balanced-budget amendment that the House is scheduled to vote on July 20. During the conference, Boehner and House Majority Leader Eric Cantor (R-Va.) also tried to downplay notions of a rift between the leaders.

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