Senate Dems kill Cut, Cap & Balance Bill – leave nation with no plan // Update: Reid tells Senate to take weekend off
The Senate, on a motion to table brought by Harry Reid, just killed the Cut, Cap & Balance Bill passed in the House without any floor debate.
Unlike a motion for cloture, which would have required a day of floor debate, Harry Reid managed to kill the bill without any television clips of Senators staking out their positions.
Since there is no other plan proposed by anyone, including Senate Democrats and Obama, this leaves the nation with no plan to deal with the debt ceiling.
Mark Knoller of CBS News tweets that having killed the bill, Harry Reid has decided that the Senate should take the weekend off:DONATE
Donations tax deductible
to the full extent allowed by law.