In response to:

House Raises the Debt Ceiling

PinkysBrain Wrote: Jan 23, 2013 3:04 PM
They're not LOSING their pay, it's just shunted over into an escrow account until there is a budget passed...and it doesn't need to be (read "won't be") a good one. I agree that we need to permanently separate the words "career" and "politician", and do it soon!

The House of Representatives has passed legislation known as the "No Budget, No Pay Act" to raise the debt ceiling, funding the government through borrowing until May. The legislation includes a clause that requires politicans pass a budget or receive no pay.

 The vote was 285 to 144, largely on the back of Republican support.

Most House Democrats spoke out against the bill. Minority Leader Nancy Pelosi called the salary provision a "joke" and Minority Whip Steny Hoyer called the bill a "political gimmick" that perpetuates uncertainty.

The Senate is expected to...

Wednesday, June 19 | 08:55 PM ET
Wednesday, June 19 | 08:55 PM ET
Wednesday, June 19 | 08:55 PM ET
Wednesday, June 19 | 08:55 PM ET