It was Wednesday and still no sign of a breakthrough in the current debt ceiling negotiations. Tea party Republicans had told Speaker of the House John Boehner, R-Ohio, that they would not support any debt limit raise without at least some provision for a balanced budget amendment, which Boehner, seeing that he would not have the votes without tea party support, immediately attempted to redress with a different version of his two-part plan.
The Democrats unveiled their nearly $3 trillion spending cuts plan and have simply allowed it to quietly gather support, if only from other Democrats. And while all of the posturing and demands were going on (mostly in the Republican portion of the House), Assistant Minority Leader James Clyburn, D-S.C., proposed again, according to the Huffington Post, that if the stalemate cannot be breached, then President Obama should invoke the little known clause in the 14th Amendment
Read More from the Article Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ac/20110731/us_ac/8884441_rep_clyburn_to_obama_invoke_14th_amendment_raise_debt_ceiling
