Tags: BNTEAMS | BON | BUD | BUSINESS | CBO | CNG | CNG

Senate Fails to Take Up Republican Debt-Disapproval Resolution

Thursday, 08 Sep 2011 09:28 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The Senate refused to take up a Republican resolution that would bar a $5 billion increase in the U.S. debt limit.

Senators voted 52-45 today not to consider the measure. Senate Minority Leader McConnell offered the resolution under a procedure set up by legislation approved last month to raise the debt limit by at least $2.1 trillion.

The procedure allows Congress to try to avert phased-in rises in the limit through disapproval resolutions. Even if Congress approved the resolution, there would be little chance of it mustering the two-thirds majority in both chambers needed to override a veto by President Barack Obama.


© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Vikings Bring Back Peterson Despite Child Abuse Charge

Tuesday, 16 Sep 2014 06:57 AM

Adrian Peterson was back at Minnesota Vikings headquarters on Monday, and the first thing fullback Jerome Felton did whe . . .

Rutgers Professor: Guest Workers Are Stealing High-Tech Jobs

Tuesday, 16 Sep 2014 06:51 AM

Will borrowed workers make up the workforce of the future in the United States? One sociologist and professor is suggest . . .

Northern California Wildfire Burns 100 Homes

Monday, 15 Sep 2014 22:38 PM

A fire driven by fierce winds raced through the small town of Weed, Calif., near the Oregon border on Monday, burning a  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved