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xchrom

(108,903 posts)
Wed Oct 16, 2013, 08:03 AM Oct 2013

A Deal To Raise The Debt Ceiling And Reopen The Government Is 'Back On Track' And 'Very Close'

http://www.businessinsider.com/budget-deal-to-raise-debt-ceiling-reopen-government-very-close-2013-10

WASHINGTON (Reuters) - The U.S. Senate prepared for a last ditch effort Wednesday to avoid a historic lapse in the government's borrowing authority, a breach that President Barack Obama has said could lead to default and deliver a damaging blow to the global economy.
After a day of stop-and-go negotiations, the top Democrat and Republican in the U.S. Senate were said to be close to agreeing on a proposal to raise the debt limit - and reopen the partially shuttered government - for consideration by the full Senate on Wednesday.

The measure's fate remained uncertain in the fractured Republican-controlled House of Representatives, which failed twice Tuesday to produce its own plan.

The Senate was scheduled to meet at noon (1600 GMT) on Wednesday, and the House at 10:00 a.m. (1400 GMT).



Read more: http://www.businessinsider.com/budget-deal-to-raise-debt-ceiling-reopen-government-very-close-2013-10#ixzz2hsyc8CTE

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A Deal To Raise The Debt Ceiling And Reopen The Government Is 'Back On Track' And 'Very Close' (Original Post) xchrom Oct 2013 OP
Who is going to keep Lee and Cruz busy long enough that they can pass an UC without objection. Mass Oct 2013 #1
Maybe McCain lead a team of ninja's in to hog-tie and gag them until the vote. n/t woodsprite Oct 2013 #3
We'll see, in the mean time B Calm Oct 2013 #2
I'm getting sick of popcorn. Laelth Oct 2013 #4
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