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October 16, 2013
breakingnews:

Senate passes debt deal; House votes next
NBC News: The Senate voted 81-18 to reopen the government and raise the debt ceiling. 
President Barack Obama spoke from the White House after the Senate’s vote, saying he will sign the bill as soon as it arrives on his desk. The House is expected to vote on the measure tonight.

“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.”
After a long and tedious process, the Senate compromise is only a short-term deal allowing the federal government to operate through January 15, and conservatives who fought to de-fund or delay Obamacare have had to concede defeat. NBC’s Kelly O’Donnell reports.

The House is expected to approve the bill and send it to the president’s desk for signature within hours.

Follow updates on Breaking News. 
Photo: President Barack Obama speaks after the Senate vote. (NBC News)

With the President confirming he’d sign the deal as soon as he received it, the House will bear the full weight of this weeks-long political crisis when they vote on the Senate bill later tonight. We’ll update with any news on that vote as it occurs.

breakingnews:

Senate passes debt deal; House votes next

NBC NewsThe Senate voted 81-18 to reopen the government and raise the debt ceiling. 

President Barack Obama spoke from the White House after the Senate’s vote, saying he will sign the bill as soon as it arrives on his desk. The House is expected to vote on the measure tonight.

“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.”

After a long and tedious process, the Senate compromise is only a short-term deal allowing the federal government to operate through January 15, and conservatives who fought to de-fund or delay Obamacare have had to concede defeat. NBC’s Kelly O’Donnell reports.

The House is expected to approve the bill and send it to the president’s desk for signature within hours.

Follow updates on Breaking News

Photo: President Barack Obama speaks after the Senate vote. (NBC News)

With the President confirming he’d sign the deal as soon as he received it, the House will bear the full weight of this weeks-long political crisis when they vote on the Senate bill later tonight. We’ll update with any news on that vote as it occurs.

21:05 // 9 months ago
October 15, 2013

Treasury Department’s “extraordinary measures” are running out

  • $35Bcash on hand remaining for the U.S. Treasury Department, an amount they’ve been directing through so-called “extraordinary measures” (accounting tricks with government funds, essentially) to try to keep paying the bills. That maneuvering and wrangling is expected to run out of steam soon, however — the Treasury estimates they’ll run out of ways to pay on Thursday. source

18:56 // 9 months ago
October 14, 2013
The Democrats, they better understand something. What goes around comes around. And if they try to humiliate Republicans, things change in American politics, and I know what it’s like to be in the majority and in the minority, and it won’t be forgotten…we’ve got to turn this around. And the Democrats had better help us.
John McCain, being rather petulent on “Face The Nation” yesterday. He admitted earlier in the interview that the quest to defund Obamacare was “a fool’s errand” to begin with, yet stood firm that Democrats have a responsibility to help the GOP save face. Because vowing revenge against the guys you tried unsuccesfully to screw over after your plan blows up in your face—that’s true leadership. source
18:07 // 9 months ago
October 10, 2013
10:32 // 9 months ago
October 8, 2013
Seems some poor fan had a frustrating last night, as his Atlanta Braves crashed in the 8th-inning and were knocked out of the playoffs by the Los Angeles Dodgers. So, seemingly also frustrated by the advent of shutdown politics, he authored this tongue-in-cheek plea to his member of congress. When will baseball finally bend to the will of the people and defund Juan Uribe? (via Craig Calcaterra) source

Seems some poor fan had a frustrating last night, as his Atlanta Braves crashed in the 8th-inning and were knocked out of the playoffs by the Los Angeles Dodgers. So, seemingly also frustrated by the advent of shutdown politics, he authored this tongue-in-cheek plea to his member of congress. When will baseball finally bend to the will of the people and defund Juan Uribe? (via Craig Calcaterra) source

19:01 // 9 months ago
12:08 // 9 months ago
October 4, 2013
Obama’s view, which I share, is that the debt ceiling fight is far more important not only than the specific policies on the table, or even the catastrophic economic consequences of a debt breach. It’s a fight to preserve the Constitutional order. And conservatives have resolutely refused to grapple with that fact…If the conservative goal is to create the illusion of winning something for the debt ceiling, then they’ll come back next time to win more, and Democrats can’t allow that.
Jon Chait’s take on why the Democrats are, in the words of the GOP, “refusing to negotiate.” Republicans would reply that Democrats have used the debt limit as a bargaining chip in the past, and it’s thus unfair to excoriate the GOP for “suddenly” attempting to upend the constitutional order. This is a disingenuous argument, though, as Dave Weigel has pointed out; the House GOP’s conduct now truly is unprecedented. source
14:34 // 9 months ago
October 1, 2013
I shouldn’t have to offer [the Republicans] anything. They’re not doing me a favor by paying for things that they have already approved for the government to do. That’s part of their basic function of government; that’s not doing me a favor. That’s doing what the American people sent them here to do, carrying out their responsibilities.

President Obama to NPR’s Steve Inskeep  [full transcript here] (via npr)

President Obama spoke to Inskeep yesterday, hours prior to the government shutdown. The above passage isn’t a departure from what he’s said so far — he’s been openly critical of ‘hostage-taking’ behavior by the House GOP. But the above statement represents the core standoff the President finds himself in, one that the GOP may suspect, rightly or wrongly, they can find some leverage on. Given Obama’s past willingness to wheel and deal in situations when his side can claim a high-ground of responsibility and adulthood, even liberal supporters do have feasible, credible reasons to fear an extracted compromise on delaying or weakening the ACA. If you’re taking him at his word, though, and the words are stern enough to stake his authority on, no such negotiation seems pending.

20:22 // 9 months ago
It’s not just Twitter accounts. Entire websites are shutting down. This is insane. (ht @antderosa)

It’s not just Twitter accounts. Entire websites are shutting down. This is insane. (ht @antderosa)

0:22 // 9 months ago
0:00 // 9 months ago