FireCat
Oh Shi.. Don't wake the tiger!
- Reaction score
- 535
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.”
www.weku.org
Hmm So, what's the "deal" exactly?
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.”
Governor Critical Of McConnell As Debt Deal Maker
Just before the federal government declared default, the U.S. Senate announced Wednesday afternoon it reached a deal to avoid the fiscal cliff and get the…
www.weku.org
Hmm So, what's the "deal" exactly?
Last edited by a moderator:
