So lets get this straight? They are close to a deal to reopen the Federal Government through Jan 15, 2014 and suspend the debt ceiling until Feb 7. OK and how do they plan on doing this? Fire up them thar printing presses boys we are back in business! Yippi Yi Yi key yey! Great, stall it off for a few months longer, then in January February we are right back to square one with more debt! Great minds we have out there! Stall it long enough, maybe by then it will be the problem of someone else! They ever think that nobody wants our Fiat Dollar any longer or our Bonds? Gesshhhh where do these people come from! When will this madness end? Never fear though they are working on a plan! ROTFLMAO, maybe start the plan by how none of these people in office gets paid for the next year or two with no Insuarnce and no perks! I feel bad about anything I ever said about Sara Palin! A whole lot smarter than I gave her credi for! Bring on the mineral backed currency with the Revalue of the Iraqi Dinar, imo our only hope to get out of this Huge mess that should have never happened! Senators say debt/shutdown deal is near Susan Davis and David Jackson, USA TODAY 7:22 p.m. EDT October 14, 2013 Senate leaders are hoping to secure a deal that can pass the House. The Treasury Department has said the national debt ceiling must be raised by Thursday. Senate Minority Leader Mitch McConnell, R-Ky., has been engaged in intensive talks with his counterpart, Majority leader Harry Reid, D-Nev., over how to raise the debt ceiling and reopen government agencies. (Photo: Andrew Burton, Getty Images) Story Highlights President Obama postponed meeting with congressional leaders Senators are discussing deal to raise debt ceiling, end government shutdown Senate Majority Leader Harry Reid, D-Nev., said a deal was possible Tuesday SHARE 2617 CONNECT 165 TWEET 329 COMMENTEMAILMORE WASHINGTON — Senate leaders said Monday they are close to an agreement to reopen government and avoid an unprecedented U.S. debt default before the Thursday deadline. We hope with good fortune and the support of all you (senators)—recognizing how hard this is for everybody—that perhaps tomorrow will be a bright day, Senate Majority Leader Harry Reid, D-Nev., said Monday evening on the Senate floor. A flurry of negotiations occurred throughout the day as Reid and his GOP counterpart, Senate Minority Leader Mitch McConnell, R-Ky., engaged with each other, their own members, House Speaker John Boehner, R-Ohio, and White House staff on the terms of a deal to end the budget impasse, which has kept the government partially shutdown since Oct. 1. McConnell said Monday morning, I share his optimism that we will get a result that is acceptable to both sides. The draft proposal still under negotiation would approve a stopgap funding bill to reopen government through Jan. 15; suspend the debt ceiling until Feb. 7; and create the framework for formal budget negotiations to conclude by Dec. 15 with long-term recommendations for funding levels and deficit reduction. The proposal does not include any significant reforms to the Affordable Care Act, which is what House Republicans were originally seeking in the budget stand-off. House Republicans initially refused to approve a stopgap spending bill unless it delayed or defunded President Obamas signature health care law. Democrats have said they are willing to discuss ways to reform the law -- including the repeal of a 2.3% tax on medical devices enacted to help pay for Obamacare -- in the budget negotiations but not in the short-term spending/debt deal. It is unclear whether Boehner can support the proposal, or if he will allow a vote on it if a majority of House Republicans oppose it. However, House Republicans ceded negotiations to Senate leaders after Obama rejected Boehners most recent terms for a short-term debt ceiling increase. Boehner met with McConnell on Monday and House GOP leaders met privately afterward, but they have not weighed in publicly on the talks. House Republican leaders are scheduled to meet Tuesday morning with their members. There appears to be more support among Republicans in the Senate to end the shutdown and raise the debt ceiling. Senators in both parties have raised concerns of possible economic upheaval if the U.S. breaches an Oct. 17 deadline to raise the nations $16.7 trillion debt limit so the nation can continue to borrow money to pay for spending Congress has already approved. Ive talked to several billionaires who used to be Republican supporters that have said they believe the markets will act in a very negative fashion unless we act, said Sen. John McCain, R-Ariz., Im urging all of our Republicans to recognize reality as to where we are in this situation. Congressional leaders had planned a mid-afternoon meeting with Obama at the White House Monday, but it was postponed so that the Senate could continue negotiations. Instead, White House deputy chief of staff Rob Nabors came to Capitol Hill to meet with lawmakers. I think we are (close). I really do. Im very encouraged and well see. Were just waiting for this evening and well see what comes about and see if theres a process to get this thing done, said Sen. Joe Manchin, D-W.Va., who has been part of a bipartisan group of senators trying to find compromise. Obama on Monday visited Marthas Table, which serves low-income families in Washington, where he spoke with furloughed federal workers affected by the shutdown who have volunteered at the food bank. Obama denounced what he called Republican brinkmanship. There are going to be differences between the parties, Obama said. There are going to be differences in terms of budget priorities. But we dont need to inflict pain on the American people, or risk the possibility of Americas full faith and credit being damaged just because one side is not getting its way. usatoday/story/news/2013/10/14/obama-reid-mcconnell-boehner-pelosi/2980695/
Posted on: Tue, 15 Oct 2013 00:04:45 +0000
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