Acid Trip
12-14-2011, 07:17 PM
Read the bold. Democrats wanted to make it so the rich could never have their taxes lowered, ever. Republicans instead proposed that taxes could not be increased (on anyone) without a 2/3 majority. Gee, I wonder which party like to raise taxes.
Senate Democrats bill Balanced Budget Amendment
By Josiah Ryan - 12/14/11 12:01 PM ET
The Senate on Wednesday defeated each party’s version of a constitutional amendment that would have required a balanced federal budget.
The rival proposals would have prohibited Congress from spending more each year than it receives in revenue.
But each one fell well short of the two-thirds majority needed to send them to the states for ratification.
Republicans of every stripe, from Tea Party favorite Sen. Rand Paul (Ky.) to centrist Sen. Olympia Snowe (Maine), came down to the floor throughout Tuesday and Wednesday to express support for Sen. Orrin Hatch’s (R-Utah) plan, arguing it represented the last chance to keep the United States from falling into the sort of crisis in which Europe is currently embroiled.
“We must prevent what’s happening in Europe from happening here,” said Senate Minority Leader Mitch McConnell (R-Ky.) prior to the party-line 47-53 defeat of the GOP bill. “That’s just what our balanced-budget proposal would do.”
Although both proposals possessed characteristics associated with balanced-budget amendments, they differed by including rules regarding taxation designed to alienate members across the aisle.
The Democratic proposal, S.J.Res 24, would have prohibited Congress from lowering taxes on millionaires and would have created a “lock box” for the Social Security Trust Fund.
Republicans dismissed it, prior to its 21-79 defeat, as a “cover” to allow Democrats to say they supported a balanced-budget amendment when they did not.
It is a “weak alternative to the Republicans’ amendment,” concluded Sen. Jim DeMint (R-S.C.).
The Republicans’ plan, S.J.Res.10, meanwhile, drew fire from Democrats for its provision to ban Congress from raising taxes without a two-thirds majority and for attempting to implement a cap on government spending of 18 percent of the gross domestic product.
Democrats said those riders turned the amendment into an unpalatable political document.
“Balancing the books is a simple equation, yet Sen. Hatch’s proposal goes a number of steps further and seemingly tries to shrink government altogether,” said Sen. Mark Udall (Colo.), the author of the Democratic plan.
Several Democrats also voted against both bills, decrying the attempts to tamper with the Constitution over budgetary matters.
“I have never seen the solemn duty of protecting the Constitution treated in such a cavalier manner as it is today,” said Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.). “I wish those who so often say they revere the Constitution would show it the respect it deserves rather than treating it like a blog entry.”
The votes were called by Democratic leadership to fulfill the mandate from the summer’s debt-ceiling accords that both chambers debate and vote on a balanced-budget amendment.
The House in November voted 261-165 for a version of the amendment — a clear majority, but also short of the two-thirds needed to send the amendment to the states for ratification. The amendment was supported by 236 Republicans and 25 Democrats, while four Republicans and 161 Democrats opposed it.
http://thehill.com/blogs/floor-action/senate/199353-senate-defeats-rival-balanced-budget-amendments
Senate Democrats bill Balanced Budget Amendment
By Josiah Ryan - 12/14/11 12:01 PM ET
The Senate on Wednesday defeated each party’s version of a constitutional amendment that would have required a balanced federal budget.
The rival proposals would have prohibited Congress from spending more each year than it receives in revenue.
But each one fell well short of the two-thirds majority needed to send them to the states for ratification.
Republicans of every stripe, from Tea Party favorite Sen. Rand Paul (Ky.) to centrist Sen. Olympia Snowe (Maine), came down to the floor throughout Tuesday and Wednesday to express support for Sen. Orrin Hatch’s (R-Utah) plan, arguing it represented the last chance to keep the United States from falling into the sort of crisis in which Europe is currently embroiled.
“We must prevent what’s happening in Europe from happening here,” said Senate Minority Leader Mitch McConnell (R-Ky.) prior to the party-line 47-53 defeat of the GOP bill. “That’s just what our balanced-budget proposal would do.”
Although both proposals possessed characteristics associated with balanced-budget amendments, they differed by including rules regarding taxation designed to alienate members across the aisle.
The Democratic proposal, S.J.Res 24, would have prohibited Congress from lowering taxes on millionaires and would have created a “lock box” for the Social Security Trust Fund.
Republicans dismissed it, prior to its 21-79 defeat, as a “cover” to allow Democrats to say they supported a balanced-budget amendment when they did not.
It is a “weak alternative to the Republicans’ amendment,” concluded Sen. Jim DeMint (R-S.C.).
The Republicans’ plan, S.J.Res.10, meanwhile, drew fire from Democrats for its provision to ban Congress from raising taxes without a two-thirds majority and for attempting to implement a cap on government spending of 18 percent of the gross domestic product.
Democrats said those riders turned the amendment into an unpalatable political document.
“Balancing the books is a simple equation, yet Sen. Hatch’s proposal goes a number of steps further and seemingly tries to shrink government altogether,” said Sen. Mark Udall (Colo.), the author of the Democratic plan.
Several Democrats also voted against both bills, decrying the attempts to tamper with the Constitution over budgetary matters.
“I have never seen the solemn duty of protecting the Constitution treated in such a cavalier manner as it is today,” said Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.). “I wish those who so often say they revere the Constitution would show it the respect it deserves rather than treating it like a blog entry.”
The votes were called by Democratic leadership to fulfill the mandate from the summer’s debt-ceiling accords that both chambers debate and vote on a balanced-budget amendment.
The House in November voted 261-165 for a version of the amendment — a clear majority, but also short of the two-thirds needed to send the amendment to the states for ratification. The amendment was supported by 236 Republicans and 25 Democrats, while four Republicans and 161 Democrats opposed it.
http://thehill.com/blogs/floor-action/senate/199353-senate-defeats-rival-balanced-budget-amendments