Senate GOP Rejects Harry Reid’s Latest Debt Ceiling Plan To Extend Limit Through 2014 Elections
Nice try Harry.
Check it out:
Senate Republicans on Saturday blocked a bid by Senate Majority Leader Harry Reid (D-Nev.) to extend the nation’s debt limit until after the 2014 midterm elections.
In an 53-45 vote, the Senate failed to win the 60 votes necessary to advance the debt-limit measure to a floor debate. The bill would increase the federal debt by an estimated $1.1 trillion.
Every Democrat supported the measure, though Reid switched his vote at the end to preserve the right to bring the motion up for another vote later.
Republicans criticized the legislation as politically transparent. Sen. Susan Collins (Maine) and two other centrist GOP senators have instead proposed raising the debt-limit only until Jan. 31, 2014.
During the vote, a large number of Democratic senators huddled around Collins (R-Maine). Sens. Lisa Murkowski (R-Alaska) and Kelly Ayotte (R-N.H.), the other two GOP centrists backing the Collins plan, joined her.