Not only does Paul Ryan’s budget deal strip out the puny sequester spending cuts, it also gives Harry Reid the ability to pass tax hiking legislation with only a bare majority of votes.
Senate Republicans scrubbing the Ryan-Murray budget deal have come across a little-noticed provision that will limit the GOP’s ability to block tax increases in future years.
The bill includes language from the Senate Democrats’ budget that voids senators’ ability to raise a budget “point of order” against replacing the sequester cuts with tax increases.
The process is quite complicated, but in practice it grants Harry Reid the authority to send tax increases to the House with a bare majority, rather than the 60-vote threshold that would be required under a point of order.
The provision has angered key Republican senators. Reeling from Harry Reid’s unprecedented use of the “nuclear option” to end the filibuster on executive-branch nominations, they are dismayed that Paul Ryan would have backed another limit to their power. (Read More)
And Ryan calls this a “conservative” deal? Good grief.
Heritage has more on this deal – spend now, cut later.