Tuesday 15 October 2013

US: No Progress in Negotiations of Both chambers

Negotiations in Congress to end the fiscal impasse sputtered on Tuesday, leaving both chambers grasping for a way to reopen the government and raise the country's borrowing authority with a Thursday deadline drawing near.

The Senate halted discussions on its own plan, as it waited for the fractious Republican-controlled House of Representatives to come up with an alternative proposal ahead of the October 17 deadline, when the U.S. Treasury says the government will reach its borrowing limit.
Senate leaders had been close to a deal that would reopen the government and raise the debt limit until early 2014, while the initial alternative plan proposed by House Republican leaders failed to gain enough support in a closed-door meeting for the House to proceed.
"There are a lot of opinions about what direction to go. There have been no decisions about exactly what we will do," House Speaker John Boehner told reporters after the meeting.
"We're going to continue to work with our members on both sides of the aisle to try to make sure that there is no issue of default, and to get our government reopened," he said.
The disarray among House Republicans raised questions about what the House will be able to pass. Conservative House members, driven by support from Tea Party small-government activists, have demanded changes to Obama's signature healthcare law as part of any budget deal.

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