Update on debt ceiling talks | Arkansas Blog

Friday, July 29, 2011

Update on debt ceiling talks

Posted By on Fri, Jul 29, 2011 at 12:56 PM

Slate is once again keeping up with the developments in the debate over whether to raise the debt ceiling. House Speaker John Boehner plans to go forward with his plan and hold a vote sometime this afternoon.

After failing to secure the needed support last night to move his bill, Boehner is at work tweaking the measure to include a constitutional amendment that would require lawmakers to balance the budget, Politico reports.

That change would further ensure the bill would be doomed in the Senate, but it nonetheless appears to be winning over the conservative lawmakers Boehner needs for passage in the House.

The balanced budget amendment would not have to be passed immediately, but sometime in the near future.

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