US House passes Republican debt plan

The Republican-dominated House of Representatives has passed a vote to raise America’s debt ceiling and to cut spending. But the Democratic-controlled Senate is likely to put a block on the bill. Meanwhile the clock ticks toward the deadline.

­Republicans pushed their deficit-cutting plan proposed by Speaker John Boehner through by a vote of 218-to-210. But Democrats in the Senate have vowed to vote against the Republican legislation, which was sharply criticized by President Barack Obama, later on the day.

The final decision on how to prevent America from defaulting must be made by Tuesday, August 2, or America will default on its debt. And while lawmakers still cannot agree on how to stop America’s massive debt from falling off a cliff and into default, the military money’s firing on all barrels to fund its overseas campaigns.

Former US Congresswoman and 2008 presidential candidate Cynthia McKinney told RT that all presidents let the war profiteers win, leaving struggling citizens to foot the bill.

“It is the same old story that the powers inside the United States can find money for war, but they can’t for the poor. And so unfortunately the many wars of President Obama, of both Democrat and Republican parties, have been taken off the table,” Cynthia McKinney said. “In the different values of the policy priorities of the republicans versus the democrats, we have clear winners and we have clear losers. But under both of the political parties the people are the clear losers. If you look at any of the statistics, whether it is family income, wealth, jobs, employment, underemployment, access to healthcare, access to quality education…the statistics that indicate the quality of life of the people of the United States…and there are very real winners in this economic arrangement of the chairs. The winners happen to be war profiteers and that is why war dollars have been taken off the table.”

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