Tuesday, August 2, 2011

Senate Preparing to Vote on the Debt Deal at Noon

Senate is preparing to vote on a bill, having said so much about it, the deal is bounded to be passed and I do not think that failure is an option at this point, so just interesting to see how each side going to vote.


Update: Senate ha successfully approved the deal(72-26), which moves the bill to the White House, where Obama will need to sign it.

16 comments:

  1. This is interesting but I'm not understanding what the potential outcome of this bill is. I googled after I first read your post but I can't find any information. Could you clarify what this bill is for?

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  2. What an awful deal. Another example of democrats caving in to extreme republicans.

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  3. The ceiling has been raised 70 times since kennedy, it will be raised again

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  4. What exactly happens if they pass this bill though?

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  5. what's the bill? Can you provide more info regarding it?

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  6. The bill is to raise the debt ceiling. Basically "the agreement calls for up to $2.4 trillion in savings over the next decade, raises the debt ceiling through the end of 2012 and establishes a special congressional committee to recommend long-term fiscal reforms."

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  7. Thanks for the update, kind of nice getting some form of news from a blogger not the main stream media, haha.

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  8. Raising the debt ceiling is absolute idiocy. It doesn't help anything.

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  9. This is great! Loved reading it, thanks for updating

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  10. Welp, glad they delayed global economic collapse for a little while longer -_-

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  11. gotta keep borrowing money to make payments on our huge debt

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  12. Thanks for the update, damn this is getting ridiculous...

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