360° Coverage : Last minute deal to end shutdown, avoid default (Third Lead)

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Last minute deal to end shutdown, avoid default (Third Lead)
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Last minute deal to end shutdown, avoid default (Third Lead)

Oct 16 2013, 3:40pm CDT | by IANS

Washington, Oct 17 (IANS) Hours before a looming midnight deadline, Democratic and Republican Senate leaders crafted a last minute deal to end the partial government shutdown, now in its 16th day, and avoid a possible US default.

Washington, Oct 17 — Hours before a looming midnight deadline, Democratic and Republican Senate leaders crafted a last minute deal to end the partial government shutdown, now in its 16th day, and...

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45 weeks ago

Last minute deal to end shutdown, avoid default (Third Lead)

Oct 16 2013, 3:40pm CDT | by IANS

Washington, Oct 17 (IANS) Hours before a looming midnight deadline, Democratic and Republican Senate leaders crafted a last minute deal to end the partial government shutdown, now in its 16th day, and avoid a possible US default.

Washington, Oct 17 — Hours before a looming midnight deadline, Democratic and Republican Senate leaders crafted a last minute deal to end the partial government shutdown, now in its 16th day, and avoid a possible US default.

Democratic Senate Majority Leader Harry Reid hailed the agreement he worked out with his Republican counterpart Mitch McConnell Wednesday as "historic", saying that "in the end, political adversaries put aside their differences".

President Barack Obama, praised Senate leaders for reaching a compromise, and urged Congress to act quickly, White House spokesman Jay Carney said. "As soon as possible is essentially the recommendation we have from here," he said.

Republican and Democratic members of the House are meeting separately in the afternoon to hear details of the proposal as well as weigh the next steps.

Reid said the Senate deal under discussion would reopen the government, funding it until Jan 15. It also would raise the debt limit until Feb 7 to avert a possible default on US debt obligations for the first time.

Also, the White House supports a provision in the deal that strengthens verification measures for people getting subsidies under Obama's signature health care law, nicknamed Obamacare, Carney said.

Carney called the change "a modest adjustment," and said it didn't amount to "ransom" for raising the federal debt ceiling because both sides agreed to it and the White House supported it.

In addition, the Senate agreement would set up budget negotiations between the House and Senate for a long-term spending plan.

With a key Republican conservative leader Senator Ted Cruz saying he wouldn't try to block the deal, it is now expected to proceed smoothly through both houses of Congress before it reaches Obama's desk.

"The timing of the vote will make no difference in the outcome so I don't intend to delay the timing of the vote," Cruz, who has been spearheading conservative strategy in the government shutdown fight, said after a meeting of the Senate Republicans.

(Arun Kumar can be contacted at arun.kumar@ians.in)

IANS

Source: IANS

 
Update
9

5 days ago

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In recent weeks, the general consensus among the political cognoscenti on the left and right alike has been that the president has "checked out."  As liberal MSNBC commentator Donny Deutsch noted last month, after his colleague Mika Brzezinski interviewed Obama on the subject of Iraq; "He feels like he almost wants to go home at this point.” It's a narrative that is not only building momentum among the punditry class - it's threatening to take hold among the ge ...
Source: Big Government   Full article at: Big Government
 

 
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Source: Big Government   Full article at: Big Government
 

 
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2 weeks ago

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Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
Update
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3 weeks ago

A Former Obama Aide's Revealing 'Rolling Stone' Article

Aug 9 2014 3:02pm CDT | Source: Politics - The Huffington Post

Reid Cherlin used to work for The Obama Administration. After the election of the new President in 2008, he worked in the Press Secretary's Office as one of its spokespeople. He left the gig a couple of years later. In a new piece for Rolling Stone magazine, he recounts his experiences from the inside. It has to be read to be believed. You see, Mr. Cherlin, as he readily admits in the middle of paragraph seven, is an unabashed Obama fan: I' ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
Update
5

4 weeks ago

Jay Carney Looks Back At All The Ways He Dodged Reporters' Questions

Jul 31 2014 8:29am CDT | Source: Politics - The Huffington Post

Jay Carney and David Letterman joked on Wednesday about the ways the White House press secretary can avoid answering reporters' questions. Carney left his post as the White House press secretary earlier this year, and appeared on "The Late Show" to discuss his experience as part of the Obama administration. Letterman presented a list of phrases that the former press secretary has used in lieu of giving a direct answer. They included: "I'm not going to tell you, ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
Update
3

4 weeks ago

Carney: Television changes briefings

Jul 31 2014 7:05am CDT | Source: USATODAY

Jay Carney talks about the nature of White House briefings.          ...
Source: USATODAY   Full article at: USATODAY
 

 
Update
2

6 weeks ago

Politico: Jay Carney Joins the $100,000-a-Speech Club

Jul 17 2014 9:32am CDT | Source: Newsmax - Politics

Former White House Press Secretary Jay Carney is already cashing in on his time with the Obama administration just weeks after he quit the podium, P ...
Source: Newsmax - Politics   Full article at: Newsmax - Politics
 

 
Update
1

6 weeks ago

Politico: Jay Carney Joins the $100,000-a-Speech Club

Jul 17 2014 9:32am CDT | Source: Newsmax - Politics

Former White House Press Secretary Jay Carney is already cashing in on his time with the Obama administration just weeks after he quit the podium, Politi ...
Source: Newsmax - Politics   Full article at: Newsmax - Politics
 

 

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