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House to vote on plan allowing gov't to suspend debt limit

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    Doug McKelway reports from Washington, D.C.

  • Duration 2:39
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Hi back to DC now at -- house majority leader says that they will have a vote.

Tomorrow on the debt is still guess -- -- edited out it would allow them to keep borrowing money.

Through May nineteenth now I even if they're gonna hit that debt ceiling probably mid February so this pushes -- whole thing back another couple of months.

Deadly Kelly is live in Washington -- this story dad -- surprise surprise right.

Surprise surprise -- the good morning to you this is the bill that this -- but no budget no pay bills and it would suspend the debt limit until May nineteenth upon which time.

The debt limit would automatically be increase beyond its present sixteen point four trillion dollars to accommodate whatever the US had borrowed at that time.

But it makes that extra borrowing contingent upon this and it's very important.

If either chamber of congress fails to pass a budget by April 15.

All income earned by members of that respected chamber would be set -- side so no no budget no pay.

From operatives have been frustrated by the Senate's failure to pass a budget in the last four years and in his inaugural address -- today.

Some say the president set up not so conciliatory tone about the debt ceiling and other impasse is.

With the GOP controlled house.

We cannot mistake absolutism for principal.

Results -- spectacle for politics.

-- name calling as reasoned debate.

A couple blocks away at a breakfast a restaurant he told me this morning that there has been no communication with the White House.

Over this debt ceiling bill again that will be voted on.

Tomorrow and house one.

Playing on the face of it does it appears that if you're not doing your job -- really shouldn't be paid for it.

And they haven't done the job when it comes to the budget for almost four years now.

But Republicans do appear to be suspicious.

Of this plan why.

Well you know Democrats have been sitting very strong signals that they want more tax increases or at least revenue enhancements through closing loopholes and deductions.

Majority leader cantor respond to that yesterday let's not.

Well I you know I just fundamentally disagree -- and I don't think most Americans would say to give more money in the Washington.

To have Washington spend their money is a way to help -- anybody.

Also yesterday the president strongly defended Social Security Medicare and Medicaid.

And with an apparent jab at his defeated opponent Mitt Romney said those entitlements do not make as a nation takers.

Republicans have long held that those entitlements are on the road to insolvency unless they are fundamentally.

Restructured mother.

-- thank you that in Callaway house report.

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