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Re: 3xBuBu post# 70816

Wednesday, 10/16/2013 9:36:08 PM

Wednesday, October 16, 2013 9:36:08 PM

Post# of 72997
Senate passes bill to end shutdown, raise debt limit
By an overwhelming vote, the Senate passed a budget compromise Wednesday night that would reopen federal agencies and allow the Treasury to continue borrowing to pay the nation’s bills, averting the possibility of a default.

The legislation now goes to the House, which was expected to follow suit later Wednesday night. Federal agencies could begin reopening in the morning, although full operation in some cases could take longer.

The vote, 81-19, approved an agreement negotiated by Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.). It ends a political standoff that shut down federal programs for 16 days and led to the furlough of hundreds of thousands of federal workers.

The deal makes no significant changes in President Obama’s healthcare law, which Republicans had previously demanded.

The deal represents a bruising political defeat for Republican conservatives who had demanded changes to President Barack Obama's healthcare law before they would agree to fund the government.

Several House Republicans said Boehner's leadership position would not be at risk in the fallout. The speaker earned a standing ovation at an afternoon meeting of House Republicans, and Republican Representative John Fleming of Louisiana, a Tea Party activist, said Boehner's stock had risen because he "hung in there with us."

"Our drive to stop the train wreck that is the president's healthcare law will continue," Boehner said in a statement, adding the House had fought Obama "with everything it has" and he would not block the bipartisan Senate agreement.

But opinion polls show Republicans have taken a heavy political beating in the showdown as they head into next year's congressional elections.


http://www.chicagotribune.com/news/chi-government-shutdown-20131016,0,1118789.story



As-of-10-16-2013





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