1. How long will $3trillion last?
2. I grew up thinking a filibuster was a sandwich. I still think it should be.
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Previously on "Yanks more optimistic about raising debt ceiling"
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There's a nicely informative 1-page article in the current New Yorker about this.
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Senate Blocks Reid’s Debt Ceiling Plan; Talks Continue
FAIL
http://www.nytimes.com/2011/08/01/us...L.html?_r=1&hp
WASHINGTON — Last-ditch budget talks between top Congressional Republicans and President Obama continued on Sunday, as the top Senate Republican and Democrat both expressed optimism that a $3 trillion deal could be reached to avert the economic and political calamity of a potential federal default. But without a compromise in hand, the divided Senate could not break a filibuster and went wearily into recess while the leaders resumed their search for something that could pass.
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Originally posted by OwlHoot View PostThe latter, if the announcement isn't just "moral pressure" on dissenters to toe the line.
Republicans should force the issue to a head, to curb Obama's megalomanic spending plans.
If so is Obama their Gordon Brown?
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The latter, if the announcement isn't just "moral pressure" on dissenters to toe the line.
Republicans should force the issue to a head, to curb Obama's megalomanic spending plans.
Leave a comment:
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Yanks more optimistic about raising debt ceiling
Linky
US political rivals are cautiously optimistic about the chances of raising the $14.3tn (£8.7tn) debt limit by Tuesday and averting possible default.
Republican Senate leader Mitch McConnell said the sides were "very close" to a $3tn deal after talks with Vice-President Joe Biden.
Senior Senate Democrat Richard Durbin spoke of "a more positive feeling".Tags: None
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