Straight Party-Line Vote Kills “Cut, Cap & Balance” In Senate
Not surprisingly, the Cut, Cap, and Balance plan that passed the House Tuesday died this morning in the Senate on a party line vote:
The Senate voted 51-46, along strict party-lines, on Friday to kill the House Republicans’ “cut, cap and balance” legislation.
The measure would have cut spending by $111 billion in 2012, capped spending over the next decade and prohibited more borrowing until Congress had passed a balanced-budget amendment to the Constitution.
President Obama had threatened to veto the bill, which was dead on arrival in the Senate.
Senate Majority Leader Harry Reid (D-Nev.) called the legislation “very, very bad” and said it was a waste of the upper chamber’s time.
Moving the measure through the House and holding a vote in the Senate, however, was seen as a way of making progress toward an overall deal to raise the $14.3 trillion debt ceiling and approve a deficit-reduction package.
Three Senators didn’t vote, Kristin Gillebrand, John Kerry, and John McCain.