Friday, July 29, 2011

Even Closer to Default

Another day has passed. Another day closer to default. Another day with nothing done.

House Republican leaders delayed until at least Friday a white-knuckle vote on legislation designed to ease the nation’s debt crisis, after hours of scrambling in vain to lock down the last votes needed for passage.

Majority Whip Kevin McCarthy (R-Calif.) told reporters shortly before 10:30 p.m. that there would be no vote Thursday night on the bill, which would increase the federal debt limit in two stages in exchange for major spending cuts.

The vote had been scheduled for around 6 p.m. Thursday, but as that hour neared, GOP leaders realized they didn’t have the 217 votes needed to send the measure on to the Senate.

Another day that we are told once again by the Tea Partiers that nothing will happen on August 2. Things will just go along as usual. This in the face of opinions from every possible political and economic spectrum of the disaster this will cause to our economy. Like all zealots, the Tea Parties dismiss any opinion other than their own as being wrong and lies.

It also shows how little control the Republican establishment especially Speaker Boehner has over them. Even after the get you ass in line comment.

Time is running out. And I don't see how there is enough time left on the clock to get this done.

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