House Passes Final Debt Vote; 269-161

The House has passed their final debt vote at 269-161. There are many peopel who would argue that this is not a good bill, and there are those who say it is much needed. Some however have chosen not to say their opinion until the day of the final vote. Namely, the Republican frontrunner Mitt Romney.

AssociatedPress

Mitt Romney said Monday he opposes the compromise to raise the nation’s debt ceiling, becoming the second Republican presidential contender to oppose a deal backed by President Barack Obama and congressional leaders in both parties.

The plan, which supporters say is needed to avert a looming fiscal crisis, opens the door to tax increases and defense cuts, the former Massachusetts governor said in a statement.

“President Obama’s leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute,” Romney said. “While I appreciate the extraordinarily difficult situation President Obama’s lack of leadership has placed Republican members of Congress in, I personally cannot support this deal.”

The statement represents the most substantive comment to date from Romney, the early front-runner in the Republican presidential field, who has largely avoided weighing in on daily developments in the high-stakes debate. The issue, as the nation’s economy in general, is likely to dominate the 2012 contest.

 

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