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Senate Leaders Finalizing Deal (Democrat Victory)

From a cheering Politico:

Senate leaders finalizing deal

By MANU RAJU and BURGESS EVERETT | October 15, 2013

Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell are finalizing a deal to avert a debt default and reopen the government, capping a frantic day that had Washington bracing for an economic crisis of its own making.

The deal is essentially done, sources say, as aides for the two leaders finished drafting the legislative language Tuesday night…

That’s what we were told yesterday.

Reid and McConnell are expected to brief their respective caucuses Wednesday, hours before the country could fail to pay its bills for the first time in history…

Repeating this lie in every article does not make it true.

Cooperation will be needed from members of both parties in order to avoid default as well as to end the first government shutdown in 17 years. And a Senate plan will need to clear the House, which has struggled to pass any bill to raise the national debt limit.

It remains to be seen whether Washington can end a growing national crisis that has alarmed world leaders and spooked financial markets…

Another lie. No financial markets have been spooked. Much to the news media’s dismay.

But the fact that the two deal-making Senate leaders have restarted negotiations lifted the spirits of senators after the House shelved plans to move its own proposal that had drawn the scorn of the White House…

Lest we forget, none of Mr. Obama’s budgets have ever gotten a single vote from anyone in Congress. Not even one Democrat.

Under the plan, a $986 billion government funding bill would reopen federal agencies until Jan. 15, and the debt ceiling would be lifted until Feb. 7.

Thank goodness it’s not a trillion dollars. That would be a lot of money.

The two parties would be given the opportunity to cut a larger-scale budget agreement to slash future deficits as a bicameral conference committee would have until Dec. 13 to finalize such a deal.

Because Obama and the Democrats just can’t wait to slash future deficits.

Democrats won a major White House priority to ensure that the Treasury Department would still have the ability to use “extraordinary measures” to pay its bills in case Congress does not lift the debt ceiling by Feb. 7. Republicans would win a provision ensuring that recipients of Obamacare subsidies meet the required income levels.

Wow, what a win for the GOP. Needless to say, there is nothing about taking away Congress’s taxpayer funded 70% Obama-Care premium subsidy. Or forcing Obama and the rest of the White House into Obama-Care.

And several sources said the deal drops a Democratic priority: No delay of an Obamacare reinsurance tax sought by labor unions, known as the “belly-button tax.” Back pay for federal workers furloughed by the government shutdown will also likely be included in the agreement, according to a Democratic aide familiar with the talks.

But the deal punts many of the major issues over deficits and spending, including over whether to lock in 2014 funding levels at $967 billion once the next round of sequestration cuts take effect in January.

And if it is not ‘locked in’ it will soon go away.

Overall, though, the deal marks a major concession for Republicans, given that the initial fight over the shutdown was started due to demands from conservatives that any government funding bill also gut Obamacare. Under the emerging agreement, Obamacare would escape largely unscathed…

And by ‘largely’ they mean totally. This is an unmitigated disaster for the Republicans. They have gotten bupkis. But this is what happens when you send people like Susan Collins to the Senate.

This article was posted by Steve on Wednesday, October 16th, 2013. Comments are currently closed.

4 Responses to “Senate Leaders Finalizing Deal (Democrat Victory)”

  1. GetBackJack says:

    (long a complicated Chinese curse)

  2. Enthalpy says:

    McConnell has shown himself to be the worthless POS we’ve always known him to be. $2 billion for liberty: What a deal!

  3. captstubby says:

    Senate passes bill to re-open the government and raise the debt ceiling
    The Republican-led House is planning to vote on the measure later Wednesday night, and it is expected to pass. ( Note;Historians will use the term Republican only as a reference point)

    President Barack Obama said Wednesday evening soon after the Senate vote that he would “immediately” sign the legislation.

    “Once this agreement arrives on my desk, I will sign it immediately, we’ll begin reopening our government immediately, and we can begin to lift this cloud of uncertainty and unease from our businesses and from the American people,” Obama said.

    The Outstanding Public Debt as of 17 Oct 2013 at 01:00:36 AM GMT is:

    so the Media will hail the Democratic Senate and The One s “Long March.”

    to stop the House from preventing us from getting the Nation deeper in Debt.

    the American People have been rescued from the “Terrorist”

    can’t you see it now.
    tomorrows news will have the Democrat Munchkins singing,
    “ding dong we have more Debt…”

    but we can’t click Ruby Slippers together and wish “theres no place like home…”
    and its not a dream.

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