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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1 year 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

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On Thursday’s broadcast of “CNN Tonight,” former White House press secretary Jay Carney, now a CNN contributor, warned that his party is facing a bad election year with the midterm elections under a month away. “I think the Democratic candidates have to sort of thread this needle very carefully because it is true that when you have an unpopular president of your party, you don’t want to be associated with him. You know, your opponents are running ad ...
Source: Big Government   Full article at: Big Government
 

 
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1 week ago

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Source: Big Government   Full article at: Big Government
 

 
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1 week ago

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2 weeks ago

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Could the rise of ISIS in Iraq have been prevented if the U.S. had left troops in the country in 2011? That question has been a subject of debate in Washington for years. So why do members of the Obama administration seem so utterly unprepared to discuss it? Last night State Department spokesperson Jen Psaki agreed to discuss it with Megyn Kelly and her apparent lack of preparation cost her. The interview was a bloodbath. Not the kind of fake victory that John Oliver and Jon Stewart reg ...
Source: Big Government   Full article at: Big Government
 

 
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3 weeks ago

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

Sep 22 2014 7:16pm CDT | Source: WND

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Source: WND  Full article at: WND
 

 
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4 weeks ago

AZ Sheriff: Obama Flat Out Lying About Releasing Criminal Illegal Immigrants

Sep 19 2014 3:07pm CDT | Source: Big Government

Friday on "Newsmax TV's "MidPoint," Pinal Co., AZ Sheriff Paul Babeu said President Barack Obama has flat out "lied" to the American public because not only is he not doing anything to secure the border, he is releasing dangerous criminal illegals over and over again. Babeu first gave the example of a Mexican drug cartel member who his officers have arrested 17 times and then said of Obama and former White House spokesman Jay Carney, "You have to drag t ...
Source: Big Government   Full article at: Big Government
 

 
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4 weeks ago

IRS chief wants 'closure' on missing emails

Sep 17 2014 2:05pm CDT | Source: WND

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Source: WND  Full article at: WND
 

 
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4 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 Majori ...
Source: Big Government   Full article at: Big Government
 

 
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4 weeks ago

Jay Carney: Barely Holding on to Senate Great for Dems

Sep 15 2014 8:21am CDT | Source: Newsmax - Politics

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 ...
Source: Newsmax - Politics   Full article at: Newsmax - Politics
 

 
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4 weeks ago

Carney: Midterms to be tough for Democrats

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 f ...
Source: POLITICO   Full article at: POLITICO
 

 

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