Federal lawmakers finally approved a proposal that will
stop the nation from hitting its debt ceiling limit — at least through May 18.
The legislation would allow the government to borrow money
to meet its obligations until that time and resets the debt limit to reflect
that change.
President Barack Obama is expected to sign
the bill that passed by a 64-34 vote in the U.S. Senate.
Among those who voted against the measure was U.S. Sen. Rob Portman,
R-Ohio.
Portman said that no one was arguing that the country must
pay its bills, but rather the debate should be about how to shrink those bills
moving forward.
The senator said it would be irresponsible to merely pay
past obligations without having a real debate about Washington’s spending
habits and how to avoid the situation in the future.
Voted down prior to the bill’s passage were two amendments
offered by Portman that he said would ensure one dollar in savings for every
dollar in new debt and end the threat of a government shutdown and artificial
cliffs.
However, Portman said he was pleased that Senate Democrats
have promised to move forward passing a budget.
Now that the debt ceiling has been averted for a few
months, can Washington leaders move forward and work together and resolve this
issue permanently?
There are other potential topics on the agenda for
Congress and the president to work on such as immigration reform, gun control
and what to do about entitlement programs such as Social Security and Medicare
to name just a few.
Kasich unveils school funding plan
Gov. John Kasich believes his school funding plan to overhaul
educational funding will be pass constitutional muster as the Ohio Supreme
Court years ago ruled the state relies too much on property taxes for school
funding.
“I think you’ll be surprised by the depth, the content of
the plan,” Kasich said, according to the Associated Press.
The governor said his plan would “strip all the politics
out,” and focus on directing dollars to classrooms and resources for districts
that need the most help.
Early criticism by the Ohio Democratic Party said Kasich
unveiled a disappointing new formula.
The state Democratic Party said while the Governor’s
proposal was short on specifics and lacked a district-by-district breakdown, it
was clear Kasich does not intend to fully restore the historic $1.8 billion
taken from the state education budget in 2011.
Democrats said a recent independent study found that due
to the governor’s education cuts, more than $1 billion in new tax levies have
been on the ballot across the state, and Kasich’s plan ensures that number will
only increase.
LaTourette next Transportation Secretary?
With U.S. Transportation Secretary Ray LaHood
leaving his post, among the names mentioned for a possible appointment is
former U.S. Rep. Steven C. LaTourette.
LaTourette, a Bainbridge Township Republican, served for
years on the U.S. House of Representatives Transportation and Infrastructure
Committee.
LaHood, a Republican, is the only member of the GOP on
President Barack Obama’s cabinet.
LaTourette recently retired from his 18-year career as a
congressman and now heads a new subsidiary of McDonald Hopkins, a business
advisory and advocacy law firm in Washington D.C.
He told the Columbus Dispatch this week it would be a
“huge honor” to be picked but that the White House had not contacted him about
the possibility.
Picked up petitions
Recently taking out petitions with the Lake County
Elections Board are Joshua Pennock for Painesville Township trustee, Dan Hill
for Timberlake Council, Desirea Thompson for Mentor-on-the-Lake Council, and Ken Hoefle
for Eastlake Council.
Fundies
n Lake County Commissioner Daniel P. Troy
hosts his annual Mardi Gras Party from 5:30 to 7:30 p.m. Feb. 12 at Holiday Inn
Express LaMalfa Centre in Mentor. See Kip Molenaar.
n Concord Township Trustees Paul Malchesky
and Christopher
Galloway re-election fundraiser is 5 to 7 p.m. March 4 at Harry Buffalo
in Painesville Township. See Malchesky, Galloway or Connie Luhta.
n Re-election kickoff party for
Mentor Municipal Court Judge John Trebets, 5 to 8 p.m. March 7 at Holiday Inn Express
LaMalfa Centre in Mentor. See Ed or Cindy Hughes.
John Arthur Hutchison
Labels: Barack Obama, Christopher A. Galloway, Daniel A. Dunlap, John Kasich, John Trebets, Paul R. Malchesky, Ray LaHood, Rob Portman, Steve LaTourette