Debt deal settled, Nebraska vote split
August 3rd, 2011
Omaha, NE – While Congress finally approved a compromise debt deal Tuesday that will raise the nationâ€™s borrowing limit, Nebraskaâ€™s delegation was split on the vote.
All four of Nebraskaâ€™s Republican Congressmen voted for the deal, which was, in large part, a compromise between the White House and House Republicans. Nebraskaâ€™s lone Democrat, meanwhile, Senator Ben Nelson, voted against it. In his weekly column, Nelson said the deal does not provide â€œcertaintyâ€ for businesses or the economy, and ensures the debt debate will continue into next year. Nelson said the plan â€œsets up a maze of convoluted procedures that will only continue chaos and political games.â€
In his weekly conference call with reporters, Senator Mike Johanns said the deal is a start in the right direction.
â€œFinally, two and a half years into my time here, I actually get to vote on a plan that has some significant reductions in spending,” Johanns said. “And, to me, thatâ€™s very, very important, but it canâ€™t stop here.â€
Johanns said the deal doesnâ€™t go far enough, and it wonâ€™t guarantee the nationâ€™s debt rating wonâ€™t be downgraded.
Representing Omaha in the House, Congressman Lee Terry, said he voted for the bill because the conversation in Washington has changed â€œfrom one of spending to one of cutting.â€ The deal was quickly signed into law by President Barack Obama. It cuts over $2.1 trillion in government spending â€“ primarily from defense and domestic programs â€“ not including entitlements. And it sets up a committee to make further deficit reductions later this year.
Watch this video for Obama’s briefing: