on a balanced budget amendment and only if a balanced budget amendment was ratifieded could there be an ex-tense of it s $2.4 trillion debt limit. no chance of going through the senate, which is democratly controlled. today president obama issue add veto threat, he will dismiss legislation if it ever made it to his desk. allows house republicans specifically 87 freshmen member, many of whom are tea party backed to be on the record saying they did not want to voted to increase the debt limit unless there was a massivality of spending cuts. what s going on, a march to august 2nd an some variation of this plan we ve heard that comes from mitch mcconnell worked on with harry reid allowing president obama to raise the debt ceiling three times between now and the end of 2012, $1.5 trillion in spending cuts we re told. some variation of that plan is looking like what the final deal will be. the challenge will be for speaker john boehner to get to 218 votes, the united states house of presenta