(Image source: Flickr)
 

BY MALLORY PERRYMAN

 

You're watching multisource politics video news analysis from Newsy. 


Some House Republicans call it their final compromise--

House Speaker John Boehner’s revised debt plan may squeeze through the House, just to get jammed up in the Senate.

Before the vote--MSNBC’s Kelly O’Donnell reports-- the bill was never a sure bet in the GOP-controlled House.

Kelly O’Donnell (MSNBC): “We can't presume what happens when the house votes, because they say that momentum is moving in their direction and take it for one step at a time and assume for the moment that it does in fact pass the house, and that is a big deal in and of itself, because there is a great deal of opposition as you know...”

House GOP freshman rallied around the plan in a press conference Thursday morning -- calling it less than perfect -- but...

 “We believe that it is consistent with our principles.”

But while Senate Minority Leader Mitch McConnell calls the bill... “the only piece of legislation that has any chance of preventing all of this from happening.”


--it looks dead on arrival in the Senate.

Sen. Harry Reid (D-NV): “It will be defeated. They know that...No Democrat will vote for a short-term band-aid approach...”

Meanwhile-- Politico reports -- McConnell and Vice President Joe Biden are looking for a way out -- saying the pair “....remain in conversation over how to defuse the building confrontation before the threat of default next week.”

With time running out-- those watching the standstill on Capitol Hill are getting fed up.

“In their latest public appearance, Republicans said time is up, urging Senate Democrats to pass their bill and get on with running the country, without ever recognizing that as both sides blame the other for not passing their own bill, they are both being equally stubborn.” (Forbes)

Senate Majority Leader Harry Reid has crafted his own debt bill- similar to Boehner’s. To look at the details of both those plans-- check out this story on CNN.

 

Transcript by Newsy. 

Politics News: Debt Crisis News

Debt Deadlock: Where Things Stand

July 28, 2011
(1:38)
The House will vote on House Speaker John Boehner’s revised debt plan- but is it DOA in the Senate?
   
TRANSCRIPT

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