| inbluevt | Date: Wednesday, 2013/08/14, 8:44 PM | Message # 1 | DMCA |
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The political and finance worlds are abuzz with "September angst."
And in Washington, the angst is looking like it will be pushed back — but it could be much more daunting than originally thought. That's because House Republicans and aides are signaling — according to The Washington Examiner's Conn Carroll and National Review's Robert Costa — that they will shift focus from using a potential government shutdown as leverage to negotiations over the debt ceiling.
Here's the gist, via Costa:
Sources tell me the House GOP will probably avoid using a shutdown as leverage and instead use the debtlimit and sequester fights as areas for potential legislative trades. Negotiations over increasing the debt limit have frequently been used to wring concessions out of the administration, so there may be movement in that direction: Delay Obamacare in exchange for an increased debt limit.
Under this scenario, the GOP would pass a 60-day continuing resolution that keeps the government funded at existing levels under sequestration through the end of November — right around
the time the debt ceiling will need to be raised. Then, House leadership would use Democrats' wishes to get rid of sequestration levels to
extract concessions.
more
Message edited by inbluevt - Wednesday, 2013/08/14, 8:47 PM |
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