The debt ceiling is to rise initially by $900 billion under the Revised Budget Control Act of 2011. And then, the debt limit is to rise again by either $1.2 trillion or $1.5 trillion depending upon how successful the 12-member Joint Committee of Congress is in finding sufficient cuts in government spending to avoid a “trigger” that would do the cutting automatically. The committee will be made up of three Republicans and three Democrats from each chamber.
The Obama-Boehner debt limit increase bill passed the U.S. House of Representatives by a 269-161 vote August 1, principally as a result of Republican votes. But most of the GOP presidential candidates, perhaps smelling the will of the voters, voted against the so-called Budget Control Act of 2011, which would raise the debt limit as much as an additional $2.4 trillion. GOP congressmen overwhelmingly voted in favor of the bill with a 174-66 vote. Meanwhile, Democrats were evenly divided, 95-95, meaning that half the Democrats opposed their leadership while most Republicans supported their leadership.
President Obama announced his debt deal with House Speaker John Boehner with a dramatic quote about the intensity of the cuts in the deal:
"The result would be the lowest level of annual domestic spending since Dwight Eisenhower was President — but at a level that still allows us to make job-creating investments in things like education and research."
Americans have been paying closer attention to the United Nation’s Agenda 21, a plan for global management of people and resources, and rightfully so. The plan virtually micromanages every aspect of human life, violating several Constitutional rights in the process. A number of agencies in the United States have already signed on to efforts to enforce Agenda 21, including the Department of Transportation, which has recently proposed a rule change for farm equipment that exhibits greater government control.
New health insurance requirements announced by the Obama administration on Monday will force health insurance plans to cover birth control and voluntary sterilization — with no co-pays — as preventive care for women. The U.S. Department of Health and Human Service disclosed that the new guidelines, drafted by the Institute of Medicine, will take effect on or after August 1, 2012, and they are expected to apply to both individual and employer-based insurance plans.