Tags: Reid | balanced | budget | amendment

Reid: I'm Open to Vote on Balanced Budget

Friday, 29 Jul 2011 04:01 PM

Senate Majority Leader Harry Reid is open to allowing a vote on a balanced budget amendment as long as the GOP compromises on taking a debt default off the table through 2012, Roll Call reports.

“If people want a vote on that, fine,” Reid said of the balanced budget amendment Friday.

Yet it's clear that the House's plan of a short-term debt increase and the requirement for the actual passage of an amendment to the Constitution — not just a vote — are likely to kill any deal, Democrats said.

“It’s really time they legislate,” Reid said.

Charles Schumer  said the GOP bill would “guarantee” a default because it is unlikely to pass the Senate, and Majority Whip Dick Durbin accused Republicans of turning the Constitution into a “bargaining chip.”

Reid, meanwhile, repeated his call on Senate Minority Leader Mitch McConnell to meet with him and help find a solution later today.

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