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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49 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

 
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1 week ago

Arizona sheriff calls for U.S. troops on Rio Grande

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Source: WND  Full article at: WND
 

 
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Source: Big Government   Full article at: Big Government
 

 
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Source: WND  Full article at: WND
 

 
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8

2 weeks ago

Obama Headlines $100K-Per-Person 'Grassroots Victory' Fundraiser for Senate Dems

Sep 15 2014 7:39pm CDT | Source: Big Government

On Monday evening, President Barack Obama headlined a "Grassroots Victory Project" event for Senate Democrats that cost a whopping $100,000 per person.  According to pool reports, "the $100,000-per-person evening event" for the Democratic Senatorial Campaign Committee (DSCC) was closed to the press, and the "DSCC declined to answer how many Democratic supporters contributed/attended." Obama, Sen. Michael Bennet (D-CO), the DSCC chair, and Senate Majority Leader Harr ...
Source: Big Government   Full article at: Big Government
 

 
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Jay Carney: Barely Holding on to Senate Great for Dems

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Regardless of New York Times statistician Nate Cohn's claim in The Upshot blog that the Democrats' path to retaining a Senate majority is looking brighter, former White House Press Secretary Jay Carney begs to differ. ...
Source: Newsmax - Politics   Full article at: Newsmax - Politics
 

 
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Sep 14 2014 9:25am CDT | Source: POLITICO

Former White House Press Secretary Jay Carney said on Sunday that November's elections are going to be tough for De ...
Source: POLITICO   Full article at: POLITICO
 

 
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4

2 weeks ago

On the 'Good Guys' in Syria, John McCain Ain't Got a Clue

Sep 13 2014 4:52pm CDT | Source: Politics - The Huffington Post

On May 27, 2013, Senator John McCain secretly drove into Syria from Turkey and spent a few hours meeting with leaders of the so-called "moderate" Free Syrian Army (FSA), including Gen. Salem Idris, who was chief of staff of the FSA's Supreme Military Council (SMC). Gen. Idris was replaced on February 16, 2014 by Col. Abd al-Ilah al-Bashir reportedly due to his "ineffectiveness" as a commander. According to a Wall Street Journal article ti ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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3

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Sep 12 2014 12:59pm CDT | Source: POLITICO

A conversation on Obama's prime time address on his strategy to combat ISIL, Jay Carney's on-air fight with Sen. John McCain, the changing business of political consulting and Ted Cruz's less than warm welcome at ...
Source: POLITICO   Full article at: POLITICO
 

 
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2 weeks ago

White House: Jay Carney 'Acquitted Himself Quite Well' in CNN Debut

Sep 11 2014 7:28pm CDT | Source: Big Government

White House press Secretary Josh Earnest was asked by a CNN reporter during Thursday's press briefing about his former boss Jay Carney’s performance on CNN Wednesday night during a debate on Iraq and Syria with Sen. John McCain (R-AZ). “I’m tempted to defer all questions about Sen. John McCain and his views to my former colleague,” Earnest said, referring to his predecessor at the White House. “He acquitted ...
Source: Big Government   Full article at: Big Government
 

 
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2 weeks ago

Fact Checker: Refereeing the John McCain-Jay Carney spat over Iraq

Sep 11 2014 11:57am CDT | Source: Post Politics: - The Washington Post

The fierce debate on CNN between Sen. John McCain (R-Ariz.) and former White House press secretary Jay Carney after President Obama’s speech is an excellent examples of how Republicans and Democrats in Washington frequently live in parallel universes. Earlier this year, The Fact Checker took a deep dive into the issues surrounding the politics of leaving a residual force in Iraq—and the fact are certainly complicated. In fact,  the issue is so comple ...
Source: Post Politics: - The Washington Post   Full article at: Post Politics: - The Washington Post
 

 

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