Friday, July 29, 2011

CNN Breaking News

The Republican-controlled House of Representatives voted to pass Speaker John Boehner's plan to raise the nation's debt ceiling and implement sweeping cuts in government spending.

The plan now goes to the Democratic-controlled Senate, where Majority Leader Harry Reid has said he has the votes to table the measure, effectively killing it. Reid is planning to spend the weekend pushing what top Democrats insist is a more centrist piece of legislation.

Boehner had scheduled a vote on the bill on Thursday but canceled it after he was unable to line up enough GOP votes. On Friday, Boehner tried to make the plan more appealing to conservatives by including a provision requiring congressional passage of a balanced budget amendment to the Constitution before the debt ceiling is extended through 2012.

The federal government will hit its debt ceiling on Tuesday and without congressional action will be unable to meet some of its financial o bligations.

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