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BREAKING: Reid And McConnell Reach Agreement To Reopen Government, Raise Debt Ceiling – Update: Boehner To Pass It In House With Dem Votes…
Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell will soon announce an agreement to reopen the government and avert default on U.S. debt, according to several sources familiar with the talks.
The House plans to move on the Senate’s bill first, sources say, a move that would clear a path to end the first government shutdown in 17 years and avoid the first potential economy-shaking default on U.S. debt. It remains unclear when a final vote would occur in the Senate.
If the House passes the bill first and sends it to the upper chamber, it would eliminate some burdensome procedural hurdles in the Senate and require just one procedural roll call with a 60-vote threshold needed to advance the bill toward final passage in the Senate.
Update: Boehner sealing his fate as House speaker?
(Hot Air) — The endgame will arrive a little sooner than expected, thanks to a deal cut with John Boehner to take the first plunge on a bipartisan plan to end the budget standoff before the theoretical debt-ceiling limit gets breached. Instead of the Senate taking up the proposal from Harry Reid and Mitch McConnell first, Boehner will allow a vote — without amendments — and have it pass with Democrats making up the difference from expected opposition from conservatives