House hopes to move own debt plan, but may not have the votes



House Republicans said they hoped to vote Tuesday on a new fiscal plan, but doubts immediately sprouted up over whether they can muster the votes to pass it. 
The new House GOP plan would modify an emerging Senate fiscal deal that would end the government shutdown, fund the government through Jan. 15 and raise the debt ceiling until Feb. 7. 
It would do so by delaying ObamaCare’s medical device tax for two years and scrapping the law's tax subsidies for members of Congress and top Cabinet officials, lawmakers and aides said.
Republican leaders presented the plan to House members with just two days to go before a Treasury Department deadline for lifting the nation’s borrowing limit and avoiding a potentially catastrophic default on the nation's debts  Continue Reading.....

No comments:

Post a Comment