House Approves ‘Cut, Cap and Balance’ Plan

FoxNews.com:

The House of Representatives has approved the GOP’s ‘Cut, Cap and Balance’ plan with a vote of 234 to 190.

Let’s hope the other half of congress has enough sensibility to follow suit.

UPDATE: Since when does ‘Cut, Cap, and Balance’ raise the debt ceiling by $2.4 trillion?

The only good thing about this plan is that nobody gets to raise the debt ceiling unless a balanced budget amendment is passed. I do appreciate that. It’s just that we should not even entertain raising the debt ceiling. It’s gone on long enough.

UPDATE 2: I just want to point out that this bill is not the same as the Cut, Cap & Balance pledge linked to yesterday. You should still sign that, if you haven’t already. The pledge does not condone raising the debt ceiling. The corresponding bill does.