Meet the Senators Who Voted Against the U.S.'s 'Full Faith and Credit'
NEW YORK (TheStreet) -- The U.S. Senate voted Thursday afternoon to extend the limit of debt that the government can incur until May 19, when it must vote again whether to raise the ceiling.
The measure, which had already passed the House, won by a 64-34 margin, with two senators abstaining.
Simply put, there were 34 senators -- 33 of them Republicans -- who did not agree that temporarily extending the debt limit was the best choice at this time. The decision not to delay a longer-term agreement on the amount of debt the government can accrue likely would have forced Congress to act swiftly to avoid a potential default, or allow for the country to hit the debt limit and struggle to pay its bills.
A potential default could have put investors at risk as it likely would have sent markets into turmoil.Here are the senators who voted against the extension of the debt limit: Lamar Alexander (R., Tenn.), John Barrasso (R., Wy.), John Boozman (R., Ark.), Richard Burr (R., N.C.), Saxby Chambliss (R., Ga.), Dan Coats, (R., Ind.), Tom Coburn (R., Okla.), Bob Corker (R., Tenn.), John Cornyn (R., Texas), Mike Crapo (R., Idaho), Ted Cruz (R., Texas), Mike Enzi (R., Wy.), Deb Fischer (R., Neb.), Jeff Flake (R., Ariz.), Chuck Grassley (R., Iowa) and Orrin Hatch (R., Utah). The rest were: Jim Inhofe (R., Okla.), Johnny Isakson (R., Ga.), Mike Johanns (R., Neb.), Rob Johnson (R., Wisc.), Mark Kirk (R., Ill.), Mike Lee (R., Utah), Joe Manchin (D., W.V.), Minority Leader Mitch McConnell (R. Ky.), Jerry Moran (R., Kan.), Rand Paul (R., Ky.), Rob Portman (R., Ohio), Jim Risch (R., Idaho), Pat Roberts (R., Kan.), Marco Rubio (R., Fla.), Tim Scott (R., S.C.), Jeff Sessions (R., Ala.), Pat Toomey (R., Pa.) and David Vitter (R., La.). Sen. John Kerry (D., Mass.) didn't vote as the Senate just confirmed his nomination as the next secretary of state. Patty Murray (D., Wash.) also didn't vote. -- Written by Joe Deaux in New York. >Contact by Email. Follow @JoeDeaux
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV