11 Updates
With debt deal done, US shutdown set to end
Photo Credit: , Getty Images

With debt deal done, US shutdown set to end

Oct 16 2013, 11:38pm CDT | by IANS

Washington, Oct 17 (IANS) In a major victory for President Barack Obama, the the US Congress voted to reopen the government and raise the debt ceiling ending a 16-day stand off that had put America at risk of its first ever debt default.

Washington, Oct 17 — In a major victory for President Barack Obama, the the US Congress voted to reopen the government and raise the debt ceiling ending a 16-day stand off that had put America at...

Filed under: news

YouTube Videos

 
 
 

50 weeks ago

With debt deal done, US shutdown set to end

Oct 16 2013, 11:38pm CDT | by IANS

Washington, Oct 17 (IANS) In a major victory for President Barack Obama, the the US Congress voted to reopen the government and raise the debt ceiling ending a 16-day stand off that had put America at risk of its first ever debt default.

Washington, Oct 17 — In a major victory for President Barack Obama, the the US Congress voted to reopen the government and raise the debt ceiling ending a 16-day stand off that had put America at risk of its first ever debt default.

The Republicans, who had engaged in a bitter budget battle to derail Obama's healthcare law nicknamed Obamacare conceded defeat as the Oct 17 debt ceiling deadline approached when the Treasury had warned US would run out of cash to pay its bills.

The eleventh hour deal with only minor concessions from Democrats hammered out earlier by Democratic Senate Majority Leader Harry Reid his Republican counterpart Mitch McConnell received broad bipartisan support in both chambers.

The vote was 81-18 in the Democratic led Senate with only 18 of the 45 Republicans opposing it and 285- 144 in the Republican controlled House. As many as 87 Republicans joined all 198 Democrats in supporting the measure.

Shortly after the Senate vote Wednesday night, Obama said once the House passes the deal, "I will sign it immediately. We'll begin reopening our government immediately."

"There's a lot of work ahead of us, including our need to earn back the trust of the American people that's been lost over the last few weeks," he said. "And we can begin to do that by addressing the real issues that they care about."

As the bill headed for the President's desk, the White House asked federal workers to be ready to return to work Thursday morning.

"Now that the bill has passed the United States Senate and the House of Representatives, the President plans to sign it tonight and employees should expect to return to work in the morning," director of the office of management and budget, Sylvia Mathews Burwell, said.

The deal funds the government through Jan 15, raises the debt limit until Feb 7 and includes a provision in the deal that strengthens verification measures for people getting subsidies under Obamacare, the only concession that the Republicans were able to wrest.

It also sets a mid December deadline for completing budget negotiations between the House and the Senate for a long-term spending plan.

Democrat Senate Budget Committee Chairwoman Patty Murray and House Republican Budget Committee Chairman Paul Ryan plan to have a breakfast meeting Thursday to start the ball rolling on budget negotiations.

The deal also gives the Treasury Department the ability to borrow beyond the debt ceiling.

"Because of today's efforts, we will continue to honour all of our commitments - a core American value - and preserve the full faith and credit of the United States," Treasury Secretary Jack Lew said in a statement Wednesday night.

Welcoming the "important and necessary step" taken by the US Congress, IMF Managing Director Christine Lagarde said: "Looking forward, it will be essential to reduce uncertainty surrounding the conduct of fiscal policy by raising the debt limit in a more durable manner.

"We also continue to encourage the US to approve a budget for 2014 and replace the sequester with gradually phased-in measures that would not harm the recovery, and to adopt a balanced and comprehensive medium-term fiscal plan," she said.

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

IANS

Source: IANS

 
Update
11

10 hours ago

Republicans don't deserve to win election

Oct 1 2014 7:20pm CDT | Source: WND

No one is rooting harder for a big Republican victory in the 2014 midterm election than I am. But it’s not because I like Republicans. In fact, with a few notable individual exceptions, I don’t even know what they stand for. I suspect it’s something like this: “We’re not as bad as the other guys.” And that’s a problem. It’s a problem that needs solving. I’m convinced it will only be solved through a chan ...
Source: WND  Full article at: WND
 

 
Update
10

16 hours ago

Thom Tillis Slams Obama, Hagan: 'If You Can't Secure The White House, How Can You Secure America?'

Oct 1 2014 12:51pm CDT | Source: Big Government

RALEIGH, North Carolina -- At a campaign stop here, at which Sen. Rand Paul (R-KY) gave him his endorsement, North Carolina’s GOP Senate nominee Thom Tillis ripped President Barack Obama and incumbent Democratic Sen. Kay Hagan for security failures, arguing that if Obama can’t keep intruders out of the White House, how can he secure the country? Tillis told a reporter as he walked around inside Big Ed’s City Market, a diner downtown, shaking hands and taking pictu ...
Source: Big Government   Full article at: Big Government
 

 
Update
9

18 hours ago

A sighting of the rare and elusive bipartisan attack ad

Oct 1 2014 11:26am CDT | Source: Post Politics: - The Washington Post

There are plenty of attack ads hitting Harry Reid. And quite a few aimed at Mitch McConnell, who’s running for re-election this year. But this may be the first spot to slam both in the same ad. Independent Kansas Senate candidate Greg Orman on Wednesday launched an ad hitting incumbent GOP Sen. Pat Roberts with a one-two punch, tying him to both Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell. Read full article ...
Source: Post Politics: - The Washington Post   Full article at: Post Politics: - The Washington Post
 

 
Update
8

1 day ago

Reid, Daschle feud erupts

Sep 30 2014 11:34pm CDT | Source: WND

(The Hill) Simmering tensions between Harry Reid and Tom Daschle are erupting into an all-out feud. Daschle is expressing frustration with the Senate majority leader (D-Nev.) for refusing to endorse Rick Weiland, a former Daschle aide who is running for the South Dakota seat held by retiring Sen. Tim Johnson (D). Reid last year declared Weiland was “not my choice” in the race, and this summer added, “We are going to lose in South Dakota, more than likely ...
Source: WND  Full article at: WND
 

 
Update
7

1 day ago

Rand in South Carolina: Obama Acting Like 'Third World Autocrat' Who Does 'Whatever the Hell He Wants'

Sep 30 2014 11:03pm CDT | Source: Big Government

COLUMBIA, South Carolina — Sen. Rand Paul (R-KY) heaped contempt on President Barack Obama’s executive overreach in a speech to University of South Carolina students here Tuesday morning, saying that Obama is behaving like a banana republic dictator. Paul’s harshest criticism of Obama came when he criticized the administration for launching airstrikes against the Islamic State of Iraq and Syria ...
Source: Big Government   Full article at: Big Government
 

 
Update
5

1 day ago

Democrats and deficits

Sep 30 2014 6:51pm CDT | Source: WND

The 2014 elections are nearly on us, and three of the most important topics have hardly been covered – at least not in a way voters can tell whom to vote for. Using the White House OMB Historical Table 1.1, we find we’ve only had five budget surpluses since 1965. Matching those results with who controlled the House when the budget was passed, we find the last time congressional Democrats were responsible for a surplus was 1969. They’ve ...
Source: WND  Full article at: WND
 

 
Update
4

1 day ago

RNC Chairman Reince Priebus: 'We're In A Battle For Freedom In This Country'

Sep 30 2014 8:37am CDT | Source: Big Government

IOWA CITY, Iowa—On the trail here with Joni Ernst, Republican National Committee Chairman Reince Priebus lit into President Obama, Harry Reid and Ernst's opponent, Democratic Rep. Bruce Braley (D-IA) while outlining what he says Americans are “starving for” in their political leaders. “We're in a battle for freedom in this country,” Priebus said at a campaign stop in Ankene. “That's where we're at. It's the same battle t ...
Source: Big Government   Full article at: Big Government
 

 
Update
3

2 days ago

Reid and Daschle Feud Over Senate Seat

Sep 30 2014 1:32am CDT | Source: Taegan Goddard's Political Wire

"Simmering tensions between Harry Reid and Tom Daschle are erupting into an all-out feud," The Hill reports. "Daschle is expressing frustration with the Senate majority leader (D-Nev.) for refusing to endorse Rick Weiland, a former Daschle aide who is running for the South Dakota seat held by retiring Sen. T ...
Source: Taegan Goddard's Political Wire   Full article at: Taegan Goddard's Political Wire
 

 
Update
2

2 days ago

Who says Obama's not transparent?

Sep 29 2014 6:25pm CDT | Source: WND

Random thoughts on the passing scene: What a non-judgmental society amounts to is that common decency is optional – which means that decency is likely to become less common. The biggest issue in this fall’s election is whether the Obama administration will end when Barack Obama leaves the White House or whether it will continue on, by appointing federal judges with lifetime appointments who share President Obama’s contempt for the Constitution. Whether such judges will be confirmed by the S ...
Source: WND  Full article at: WND
 

 
Update
1

2 days ago

Profiles In Cowardice

Sep 29 2014 6:17pm CDT | Source: Politics - The Huffington Post

The United States Congress is currently abdicating one of its most solemn duties: declaring when America is at war, and with whom. This is nothing short of disgraceful, and every member of Congress who didn't actively push their leadership to hold a vote should be ashamed of themselves right now. Because by completely abdicating their constitutional warmaking power to the executive branch, they are displaying nothing ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Seven killed in Pakistan blast
Islamabad, Oct 2 (IANS) At least seven people, including a Frontier Corps official, were killed and six injured in a blast in a passenger van in Pakistan Thursday.
 
 
Danish parliament approves sending fighter jets to combat IS
Copenhagen , Oct. Oct 2 (IANS) Denmark's parliament Thursday overwhelmingly approved plans to send seven F-16 fighter jets to join the fight against the Islamic State (IS) terrorist organisation in Iraq.
 
 
Pakistan appoints new navy chief
Islamabad, Oct 2 (IANS) Admiral Zakaullah has been named the next chief of the Pakistan Navy, Geo TV reported Thursday.
 
 
Air-dropped Iraqi leaflets warn of attack on Mosul city
Mosul (Iraq), Oct 2 (IANS/EFE) Warning of an impending attack, Iraqi military aircraft Thursday dropped thousands of leaflets on the northern city of Mosul urging residents to avoid strongholds and barracks of the Islamic State (IS) jihadi group, local officials said.
 
 
 

Latest from the Network

UN chief slams terror attacks in Syria
United Nations, Oct 2 (IANS) UN Secretary General Ban Ki-moon has condemned the twin bomb attacks near a school in Syria that killed 31 people. Several children were among those killed in the Wednesday attack in the...
Read more on Politics Balla
 
C.J. Spillman Being Investigated for Sexual Assault
Dallas Cowboys safety C.J. Spillman is being investigated for sexual assault.According to ESPN Dallas' Calvin Watkins and Todd Archer, the alleged incident took place at the Gaylord Hotel on Sept. 20, a day before the...
Read more on Sport Balla
 
Zach Braff defends Kickstarter project
Zach Braff has hit back at criticism of his Kiskstarter project. The multimillionaire actor and filmmaker - who is best known for playing the character of Dr. John Dorian on US sitcom 'Scrubs' - felt his the response to...
Read more on Movie Balla
 
Modi visit very successful: US think tank
Washington, Oct 2 (IANS) Prime Minister Narendra Modi's US visit was "very successful" on many counts as he reached out to various interest groups in the US in unprecedented ways, according to a leading US think tank...
Read more on Politics Balla
 
IOC 'satisfied' with Rio 2016 preparations
Rio de Janeiro, Oct 2 (IANS) The International Olympic Committee (IOC) said it was 'satisfied' with the state of preparations for the Rio 2016 Olympic Games. IOC representatives completed a three-day visit of Rio...
Read more on Sport Balla
 
Asian Games: Indian women paddlers Manika, Ankita ousted
Incheon, Oct 2 (IANS) Indian women paddlers Manika Batra and Ankita Das lost their respective matches and were knocked out of the women's singles table tennis event of the 17th Asian Games here Thursday. Manika was...
Read more on Sport Balla
 
With Modi momentum, US seeks enhanced energy collaboration
Washington, Oct 2 (IANS) With Indian Prime Minister Narendra Modi "providing a new momentum", the US has suggested four areas where India and the US can enhance collaboration in energy and sustainable development. "We...
Read more on Politics Balla
 
Indian women's kabaddi team in final
Incheon, Oct 2 (IANS) Defending champion India stayed on course for their second consecutive Asian Games gold medal in women's kabaddi as they marched into the final, beating Thailand 41-28 in the semi-final at the...
Read more on Sport Balla
 
Obama very pleased with Modi visit
Washington, Oct 2 (IANS) President Barack Obama was "very pleased" with and "enjoyed" Prime Minister Narendra Modi's visit as it reflected the depth of the strong relationship between the US and India, according to the...
Read more on Politics Balla
 
Leonardo DiCaprio won't have a joint birthday party with Kate Winslet
Leonardo DiCaprio refuses to have a joint 40th birthday party with Kate Winslet. The 'Divergent' star - who will celebrate the milestone in October 2015 - has been close friends with the actor for almost 20 years and he...
Read more on Celebrity Balla