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Does Cut Cap and Balance raise the debt limit?

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Hamlette Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 12:26 PM
Original message
Does Cut Cap and Balance raise the debt limit?
Mike Lee was on the teevee saying the GOP had solved the problem with that bill. If so, by how much?

(I'm too lazy, sick too look it up so am hoping someone knows the answer.)
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asjr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 12:40 PM
Response to Original message
1. It just may be Cut, Crap, and Unbalance.
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onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 12:42 PM
Response to Original message
2. On condition that a balanced budget amendment is passed and sent to the States
In other words, as a practical matter,no.
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Hamlette Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 12:57 PM
Response to Reply #2
3. thanks, that makes sense (from what Lee was saying)
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 01:02 PM
Response to Reply #2
4. I would bet good money that some of them believe if they pass an
Amendment today it would be added to the Constitution.
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Hamlette Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 01:28 PM
Response to Reply #4
5. Well, Matthews got Senator Lee to admit if the balanced budget amend was in effect now it would be
disasterous
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 01:30 PM
Response to Original message
6. Mike Lee needs to get a brain. He's the sponsor of CCB.
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Evasporque Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 01:38 PM
Response to Original message
7. should be the Duck and Cover Balancing Act....nt
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