Contact Us

House Passes Measure Suspending Debt Ceiling

John Boehner (left) and GOP agree to debt ceiling suspension
(Photo by Alex Wong/Getty Images)

The House of Representatives has effectively eliminated the U.S. government’s debt ceiling for spending.By passing House Resolution 325, the maximum amount of debt the U.S. government is allowed to carry is no longer capped. HR 325 suspends the ceiling until May 19, 2013, but critics say it may never be re-instated.

Americans for Limited Government, a large conservative political watchdog organization, blasted the move:

“This is a partial repeal of representative government. Through the elimination of the debt ceiling, even just until May 19, the American people now have no say in the amount of debt the government contracts. The only say whatsoever representatives had on the some 60 percent of the $3.7 trillion budget that operates on autopilot, which includes Social Security, Medicare, and other forms of so-called ‘mandatory’ spending, was the periodic vote on increasing the debt ceiling.

Now that it has been suspended, the debt ceiling may never be reinstated. All the Senate needs to do now come May 19 is again threaten default should the debt ceiling suspension not be indefinitely extended. Under those circumstances, House Republican leadership is likely to fold under even the slightest pressure.”

According to the National Review online, HR 325 is a sort of compromise to GOP House Speaker John Boehner who is pushing a Republican budget that he says will balance the budget in 10 years. Congressman Paul Ryan will lead the effort to get the budget through. However, due to the Democrat-controlled Senate and the White House, it is not likely to become law.

More from Newstalk 870

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalk870.am using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!