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Posts Tagged ‘no budget…no pay’

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More spending and no spending cuts = more deficits and national debt = Greece!

From The Hill:

The House on Wednesday approved a bill extending the nation’s debt limit, raising pressure on the Senate to pass its first budget in nearly four years. The House approved the No Budget, No Pay Act, which also includes a measure withholding senators’ pay until they complete that work, in a 285-144 vote. Among Republicans, 33 voted against it to protest the absence of specific spending cuts alongside suspending the nation’s borrowing limit. But they were more than offset by the 86 Democrats who voted for the measure. The bill extends the debt ceiling through May 18, and requires each chamber to pass a budget by April 15 or have its members face a suspension of pay. Republicans are hoping the bill gives Congress a few months to find a longer-term debt-ceiling agreement that includes significant spending cuts.

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Hopefully the House Republicans will grow a set and actually go through with this and if the Democrats refuse to pass a budget, shut down the government until they’re ready to follow the law. Democrats want no budget, no debt ceiling while demanding more taxes on everyone.

From Speaker.gov:

To give Congress time to pass a budget, the House of Representatives will vote this week on a temporary three-month debt limit increase. But if the House or Senate fails to pass a budget in that time, Members of Congress will not be paid. Here are some facts to remember:

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