Kent Conrad’s Deficit Reduction Panel Doesn’t Have The Votes
For a while now self-styled “deficit hawk” Senator Kent Conrad has been saying that he’ll withhold his vote from any attempt to raise the debt ceiling (outside of the relatively modest hike done late last year as a hold-over to this year) unless the creation of a congressional deficit-reduction panel is also passed.
As it turns out, that panel (which would actually make it harder to reduce deficits) apparently doesn’t have the votes to pass. Which puts Conrad in an ugly position of having to follow through on his promise to gum up any attempt to raise the national debt ceiling on a more permanent basis.
There are not enough votes in the Senate to create a bipartisan commission to cut the federal debt, according to a key lawmaker.
Sen. Judd Gregg (R-N.H.) told The Hill on Monday that the proposal he’s pushing with Senate Budget Committee Chairman Kent Conrad (D-N.D.) doesn’t have the 60 Senate votes necessary to pass. An amendment creating the fiscal commission will get a full Senate vote next week during a debate over a bill raising the debt limit.
So what’s Senator Conrad going to do? When he voted for the modest increase in the national debt ceiling to tide things over until this year Conrad said the vote was necessary to show the world that we wouldn’t be default on our national debt. Will he use that same excuse again? Or will he follow through on his promise not to vote to raise the national debt limit?
My guess is that Conrad will cave. Because the whole “deficit hawk”, debt reduction routine is just a show he puts on for the benefit of his constituents.



