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Senate Rejects Boehner's Bill to Raise Debt Ceiling

By: CBS
By: CBS

The Senate rejected House Speaker John Boehner's bill Friday night to raise the debt ceiling and cut spending by 917 billion dollars.

It comes just two hours after the House narrowly passed the plan. Not a single vote came from a democrat.

"It is time for the administration to put something on the table," said Rep. Boehner. "Tell us where you are."

Boehner held the vote after nearly 24 hours of closed-door arm-twisting with conservative republicans who wanted a measure to raise the debt ceiling at the end of the year only if Congress passes a balanced budget amendment.

It's a poisoned pill for democrats.

"Are we going to pass an amendment to the U.S. constitution that literally holds a gun to the head of the economy of the United States of America? We ought to be ashamed of ourselves for legislating this way," said Rep. Mel Watt, D-NC.

But the way the Senate rejected Speaker Boehner's proposal allowing them to use the framework of the bill to reach a compromise.

"The last train is leaving the station," said Senate Majority Leader Harry Reid. "This is our last chance to avert default."

With time running out, the white house is urging the public to get involved.

"Make a phone call," said the President. "Send an email. Tweet. Keep the pressure on Washington, and we can get past this.''

Congress is expected to work through another weekend to try. The date for default on the nation's debt is now just four days away.


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