U.S. House votes on the debt - WRCBtv.com | Chattanooga News, Weather & Sports

U.S. House votes on the debt

Posted: Updated:

GOP pushes through debt measure

WASHINGTON (AP/WRCB) - Republicans have muscled legislation to extend the government's borrowing authority and cutting spending through the House over solid Democratic opposition.

The 218-210 vote sets up a confrontation with the Democratic-controlled Senate and President Barack Obama, who say the GOP-written measure, will die in the Senate. They say the bill would wreak economic havoc because it would force lawmakers to vote on another extension of the debt ceiling early next year, in the heat of presidential and congressional campaigns.

Congressman Chuck Fleischmann voted yes and Congressman Scott DesJarlais voted no.

DesJarlais was the only Republican member of the Tennessee congressional delegation to vote against the bill Friday. DesJarlais said after the vote that substantial and immediate cuts are needed in the budget.

Administration officials say Congress must find a compromise to raise the debt ceiling by Tuesday or the government will run out of cash to pay its bills. That could prompt an unprecedented federal default, which could rattle the economy with shocks such as higher interest rates.

Powered by Frankly