JUST IN: The House approves legislation that will set up a new, one-time process to allow Democrats to raise the debt ceiling. The measure now goes to the Senate.
The House took the first step to implement the plan on Tuesday by voting to pass new legislation that will set up the debt limit process. The measure would next need to be taken up by the Senate. The new legislation, if advanced with 60 votes in the Senate, would create a temporary fast-track process to allow Senate Democrats to act on their own to increase the debt limit with 51 votes.
Moreover, there was criticism that the plan will be folded into a bill to stave off automatic cuts to Medicare, so voting against the plan could be characterized as a vote to impose steep cuts to the popular entitlement program."There's a lot of concern ... that 'no' is a bad vote and 'yes' is a bad vote," said Republican Sen. Kevin Cramer of North Dakota.
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