debt limit neared, the stock market turned positive on bullish predictions from the two longtime antagonists at the center of the talks, Reid and McConnell.
Republican Leader Mitch McConnell and other lawmakers. "Perhaps tomorrow will be a bright day," he said, suggesting agreement could be announced Vans Era 59 Black
There was also an increasingly strong likelihood that any agreement would include a one year delay in a $63 fee imposed on companies by the health care law known as Obamacare for everyone covered under an employer Vans Era 59 Black And White sponsored plan. Also, individuals seeking subsidies under the health care law to pay for coverage would be subject to stronger income verification measures. The result has been a partisan showdown that polls show is alienating all sectors of the electorate except tea party supporters and has been a big political loser for Republicans. As a midweek deadline for raising the Vans For Men Blue
Though McConnell expressed optimism about an agreement, his words were Vans Gilbert Crockett Pro Shoes
not as strong as Reid "We made substantial progress, and we look forward to making more progress in the near future," he said as the Senate adjourned for the evening. Visiting a charity not far from the White House, President Obama blended optimism with a slap at Republicans. "My hope is that a spirit of cooperation will move us forward over the next few hours," he said. And yet, he added, "If we don start making some real progress both in the House and the Senate, and if Republicans aren willing to set aside some of their partisan concerns in order to do what right for the country, we stand a good chance o.
soon after weeks of stubborn gridlock. Officials said that under the discussion to date, the $16. 7 trillion federal debt limit would be raised enough to permit the Treasury to borrow normally until mid February if not a few weeks longer. The government would reopen with enough money to operate until mid January at levels set previously, and agencies would be given flexibility in adjusting to reduced funding levels imposed by across the board spending cuts.
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