Breaking News: Boehner will not block the Senate Agreement

Color-Boehner-in-chargeHouse Republicans have just left a meeting with Leadership.  It appears we have an agreement of some kind.

BREAKING: Boehner surrenders: “Blocking the bipartisan agreement reached today by the members of the Senate will not be a tactic for us.”

http://mojo.ly/19RWajF

A vote on the bill to avert a default and reopen the government is expected as early as this evening.

Update 3: House Speaker John Boehner hasreleased a statement about the agreement, promising to support the Senate’s bill: “Blocking the bipartisan agreement reached today by the members of the Senate will not be a tactic for us. In addition to the risk of default, doing so would open the door for the Democratic majority in Washington to raise taxes again…our drive to stop the train wreck that is the president’s health care law will continue.  We will rely on aggressive oversight that highlights the law’s massive flaws and smart, targeted strikes that split the legislative coalition the president has relied upon to force his health care law on the American people.”

Senate leaders have forged an 11th-hour deal to end the government shutdown and raise the debt ceiling, and House Speaker John Boehner is expected to bring the bill up for a vote,Politico and other media outlets reported Wednesday morning. If the bill passes and arrives on President Obama’s desk by the October 17 deadline, the US government will reopen until January 15, and the debt ceiling will be raised until February 7, delaying the budgetary and debt ceiling crises and leaving President Obama’s signature health care bill largely intact.

Boehner: We fought the good fight, we just didn’t win.

In an interview on a local radio station, House Speaker John Boehner (R-Ohio) conceded that Republicans “didn’t win” the current budget debate.

“We’ve been locked into a fight over here, trying to bring government down to size, trying to do our best to stop Obamacare,” Boehner said. “We fought the good fight; we just didn’t win.”

Boehner also said he would “absolutely” allow a vote on the Senate plan even if a majority of House Republicans don’t support the bill.

“There’s no reason for our members to vote ‘no’ today,” Boehner said, adding that he expected the vote to happen Thursday.

Ryan Budget Plans Ignored as Lawmakers Craft Debt-Limit Deal

Representative Paul Ryan wanted big policy changes to lift the U.S. debt ceiling: a revamp of Social Security and Medicare, a framework for tax-code changes and approval of the $5.3 billion Keystone XL pipeline.

That’s all on hold now. Lawmakers are moving to adopt legislation to end the 16-day partial government shutdown and continue paying the nation’s bills. Ryan’s ideas for fixing the crisis weren’t included in a Senate compromise that may come up for votes today.

Instead, the Republican Party’s fiscal-policy leader and its 2012 vice presidential nominee will have to wait for budget negotiations in the coming weeks that are envisioned in an emerging Senate agreement to end the current impasse.

Ryan’s limited role in the immediate talks risks diminishing his credentials before 2016, when the Budget Committee chairman could be a White House contender, said Julian Zelizer, a professor of public affairs and history at Princeton University in New Jersey.

“There was a moment in recent days where it seemed like he would try to emerge in the spotlight, to help be the driver. But it didn’t happen,” Zelizer said. “He’s not a key figure.”

Tweets of Note:

IBTimes ‏@IBTimes16m

.@Newsweek scoop: S&P was minutes from downgrading US credit when the shutdown deal came through: http://ow.ly/pSXlt 

HuffPost Politics ‏@HuffPostPol1m

Boehner expects the government to reopen tomorrow http://huff.to/19QLdgo 

 

Talking Points Memo ‏@TPM1m

Freedomworks CEO: House GOP ‘yes’ votes on Senate deal should be ready for primary challengers http://bit.ly/19SrU8k 


64 Comments on “Breaking News: Boehner will not block the Senate Agreement”

  1. dakinikat says:

    Mark Rubio is on the Senate floor opposing the compromise.

  2. In addition to the risk of default, doing so would open the door for the Democratic majority in Washington to raise taxes again

    Ha, what an ass.

    And then that tweet about S&P being minutes from downgrading…I bet it was.

    • ANonOMouse says:

      “taxes” is really at the root of this fight. They try to put it off on ObamaCare or people “living large” on food stamps and Medicaid, or “welfare queens” too many seniors living on SS, Medicare , but the real goal is to keep taxes low on their rich cronies like the Koch boys. They use ObamaCare and Obama hate in a bait and switch game to divert attention away from the real wealth drain, unbridled capitalism sliding under the tax radar.

  3. Fannie says:

    Matt Kibbe is out making political whores out of what is left of the republican party. Something is wrong with that man, no good.

  4. Boo Radly says:

    Dak – OT I apologize for this link and question but it seems like it would set off a panic. My daughter is in International Shipping – would greatly effect business. Are they trying to crash the economy?

    http://www.economicpolicyjournal.com/2013/10/chase-bank-limits-cash-withdrawals-bans.html

    • dakinikat says:

      I think we’re in the grips of insanity and I think it’s so bad they don’t care what the results are

    • bostonboomer says:

      That’s from Alex Jones. Is anyone else reporting it? My mom banks at Chase, and they had announced they were going to credit people with their SS money if the checks were delayed.

      • Boo Radly says:

        This pertains to overseas wire transfers – business accounts only.
        Starting November 17, 2013:

        – You will no longer be able to send international wire transfers. You will still be able to send domestic wires and receive both domestic and international wires. We’ll cancel any international wire transfers, including recurring ones, you scheduled to be sent after this date.

        – Your cash activity limit for these accounts(s) will be $50,000 per statement cycle, per account. Cash activity is the combined total of cash deposits made at branches, night drops and ATMs and cash withdrawals made at branches (including purchases of money orders) and ATMs.

        These changes will help us more effectively manage the risks involved with these types of transactions.

        A commenter made this statement:
        Anyone really concerned that Cyprus-style account gouging could occur in America?

        The Automated Clearing House is adopting a new policy regarding “merchant customers” and “high risk transactions” on November 17 which is why the date is November 17 and why it only applies to business accounts. Chase apparently feels it is easier to not engage in these transactions rather than deal with a new regulation.

        I certainly agree insanity reigns and no one who could make a difference is coming forward and/or being clear and in the moment of this debacle except Robert Reich and Bernie Sanders. I have greatly limited access and do not watch TeeVee Media.

  5. bostonboomer says:
  6. bostonboomer says:

    Chuck Todd thinks both parties should apologize.

  7. bostonboomer says:

    Senate bill passes with 18 no votes– here they are:

    The 18 no votes: Coburn Cornyn Crapo Cruz Enzi Grassley Heller Johnson (WI) Lee Paul Risch Roberts Rubio Scott Sessions Shelby Toomey Vitter

    The usual suspects…

  8. Fannie says:

    40% republicans bared their asses, and every democrat enjoyed themselves.

  9. RalphB says:

  10. bostonboomer says:

    The House voted 285-144 to pass a bill to reopen the government until Jan. 15 and raise the debt ceiling until Feb. 7. House Speaker John Boehner (R-Ohio) relied on a bloc of Democrats to clear the legislation, which now heads to President Barack Obama for his signature.

    For more information… http://www.politico.com

  11. NW Luna says:

    What a kindergarten recess tantrum act this has been.

  12. RalphB says:

    For something completely different, I find these young people wonderfully inspiring.