House Passes GOP Debt Plan

    Speaker of the House John Boehner (R-OH) (C) leaves a press conference with House Majority Leader Eric Cantor (R-VA) (R), after a meeting at the Republican National Committee offices July 26, 2011 in Washington, DC.

    Win McNamee / Getty Images

    After a furious week of wrangling votes, Republican House Speaker John Boehner was finally able to get his debt-ceiling proposal through his chamber on Friday evening. The vote, which was initially scheduled for Thursday but axed due to insufficient support from his far-right caucus, passed by a narrow margin of 218 to 210. Republicans needed 216 votes for passage. Not a single Democrat voted for the proposal, which would slash the deficit by about $900 billion over 10 years. Now the bill, dubbed the Budget Control Act, heads to the Senate, where Democratic leaders have scoffed at its two-part plan to raise the debt-ceiling, and its mandate for action on a balanced budget amendment.

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