UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Senate kills measure blocking debt hike

|
 
Published: Jan. 26, 2012 at 2:36 PM

WASHINGTON, Jan. 26 (UPI) -- The U.S. Senate voted Thursday to kill a measure that would have blocked President Obama from raising the national debt ceiling.

The Senate debated for more than two hours Thursday before voting 52-44 to block a motion to disapprove a $1.2 trillion increase that will cover borrowing needs through the November election. The House overwhelmingly approved the measure blocking the increase last week.

The national debt, now at $15.2 trillion, will rise to more than $16 trillion.

The Los Angeles Times said the Senate's decision was expected because the Democrat-led Senate was not likely to back the move to block the increase and risk default.

Two Democrats, Sen. Ben Nelson of Nebraska and Sen. Joe Manchin of West Virginia, voted with Republicans, while Sen. Scott Brown, R-Mass., voted with the Democrats. Four Republicans missed the vote, The Hill said.

The nation's debt held steady under the Clinton administration but nearly doubled under President George W. Bush to $11.3 trillion due to the wars in Iraq and Afghanistan and expanded Medicare prescription drug benefits, the Los Angeles Times said. The debt has continued to rise under the Obama administration from the federal stimulus and a decline in tax revenues.

Topics: Ben Nelson, Joe Manchin, Scott Brown, George W. Bush
Recommended Stories
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional U.S. News Stories
1 of 16
Tornadoes Devastate Moore, Oklahoma
View Caption
A damaged movie theater is seen in aftermath of a series of tornadoes in Moore, Oklahoma, May 21, 2013. On May 20 a series of tornadoes swept through severals towns south of Oklahoma City leaving a path of destruction and killing at least 24 people. UPI/J.P. Wilson
fark
"If you're going to act like Nellie Olsen, you're going to dress like Nellie Olsen." Mom punishes...
Real estate tip: Just because your house overlooks a golf course doesn't mean it will always be...
Man breaks into fortune teller's home to get his money back after love spell fails. Guess she didn't...
Marijuana bacon. Dude
You run out of gas along the interstate. Do you A: Call a friend for help? B: Call a tow truck?...
Thanks to generous donations a 91 year old WWII vet will not be evicted from his home of 56 years...