US News Senate leaders announce deal to end shutdown and avoid default

FireCat

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On the brink of a national default, the leaders of the Senate struck a deal Wednesday to reopen the federal government and extend its power to borrow money. The House appeared ready to go along — and end, at least for now, the crisis in Washington.

Sen. Harry Reid, the Democratic leader, said on the Senate floor at midday that his party and Republicans had found their way to a compromise to “provide our economy with the stability it desperately needs” and avert financial disaster. His Republican counterpart, Sen. Mitch McConnell, offered his blessing: “This is far less than many of us had hoped for, frankly, but is far better than what some had sought.”

There was no sign that Republicans had extracted any major concessions on President Barack Obama’s signature health care law, as they had hoped, other than possibly tighter scrutiny on who gets federal subsidies for insurance.

Speaker John Boehner confirmed to WLW radio in Ohio that he would allow a vote in the House, suggesting it would pass with overwhelming Democratic support and enough Republicans to win a majority.

“We fought the good fight,” he said. “We just didn’t win.”


Hmm So, what's the "deal" exactly?
 
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Accname

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[...] the leaders of the Senate struck a deal Wednesday to reopen the federal government and extend its power to borrow money.
So what? The solution to having borrowed too much money is to borrow more money? Seems legit.
 

FireCat

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Oh Yeah.... Possibly "the best solution" I've ever heard!
 

Varine

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That's too bad. I was hoping they would keep it going until the system collapsed.
 

The Helper

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It would not have collapsed. Just set off a shockwave and been a very bad thing for the US. The US is already starting to lose its grip on the Dollar being currency of choice in the world and China is just waiting on the sidelines with ass loads of cash just biding time. The balance of power in the World is shifting but these dumbasses in congress are speeding it up. They have managed to put the whole thing off for a few more months anyway.
 

Varine

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Barely, it's going to be the same issue come January. I think they're goal is to fuck as much shit up before the next election.
 

The Helper

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Barely, it's going to be the same issue come January. I think they're goal is to fuck as much shit up before the next election.


Or trivialize it like the bullshit it is. I talked to a girl today who did not even know the government was shut down.
 

Varine

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Or trivialize it like the bullshit it is. I talked to a girl today who did not even know the government was shut down.

Duh, she's a girl. They shouldn't concern themselves with politics, it never ends well.

I'm drafting a letter declaring my couple acres to be a sovereign state. After which, I shall harbor those in support of my country and develop nuclear capabilities.
 

Varine

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This system needs a major overhaul...

System? I'm pretty sure they've just been jury rigging their way through everything for the past seventy years.

Oh that doesn't work? Well, let's just ignore it and raise the amount of debt we can have until it fixes itself.
 

Accname

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The US is already starting to lose its grip on the Dollar being currency of choice in the world
The dollar? You mean that currency thats not worth anything anymore?
I was thinking about going on vacation in the USA because everythings so cheap there now, lol!
Maybe I can buy a house for 13.75€
 

Varine

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The dollar? You mean that currency thats not worth anything anymore?
I was thinking about going on vacation in the USA because everythings so cheap there now, lol!
Maybe I can buy a house for 13.75€

It'll come back. We just have to start the right war.
 

Zerocaliber

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Anyone with me for developing Rapture over in Oceania? I hear the guy who founded PayPal has been pushing for the ability for people to start their own nations.
 

Varine

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Government shutdown does not affect sandwich prises, does it?

I believe it lowers them, as there are less federal workers to pay, therefor they don't need as much in taxes.
 

Accname

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I believe it lowers them, as there are less federal workers to pay, therefor they don't need as much in taxes.
You dont really think they will lower taxes just because they have to pay less to people. They never lower taxes. Thats the thing with taxes, you can just hope they stay as they are.
 

Varine

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You dont really think they will lower taxes just because they have to pay less to people. They never lower taxes. Thats the thing with taxes, you can just hope they stay as they are.

Oh my god, you're an idiot if you're taking that seriously.
 
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