Senate quickly kills House debt bill

By Stephen Dinan-The Washington Times

The Senate late Friday rejected yet another House Republican proposal to stave off a looming debt crisis, acting just hours after the lower chamber had approved the measure and leaving the path to a deal still in doubt with just days to go before the Tuesday deadline.

Senators voted 59-41 vote to table the House bill, and vowed to vote on Democrats‘ own proposal early Sunday — though that has little chance of passing the chamber with Republicans and even some Democrats saying it doesn’t strike the right balance.

“There is a filibuster. This is something that shouldn’t be filibustered,” said Senate Majority Leader Harry Reid, Nevada Democrat.

SenateDemocrats have now rejected two different House proposals, but have yet to pass their own plan as the government prepares to bump up against its $14.29 trillion borrowing limit next week.

The House bill passed only after Republicans recovered from an embarrassing debacle Thursday, when they discovered in the middle of the debate they lacked the votes for passage, and had to pull their bill from the floor.

After rewriting the bill to make a future debt increase contingent on passing a balanced budget amendment to the Constitution, Republican leaders won enough support.

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