Possible Senate Debt Limit Deal In The Works?   2 comments

While I’m skeptical as to whether anything passed by the Senate at this point in time can get through the fevered swamps of the House, anything’s possible in this world but reports out of Washington are that a possible debt limit deal could emerge from the Senate before the Thursday debt limit deadline…outlines of the deal are as follows:

  • the government would re-open for business until mid-January 2014
  • the debt ceiling would be raised and extended until an as-yet undetermined point in Feb. 2014
  • as-yet undecided changes to the sequester cuts
  • requiring HHS to verify income levels of those buying insurance through the ACA’s Healthcare Exchanges
  • delaying for 1 yr.(from 2014 to 2015) a medical re-insurance tax that would collect funds to be used as a pool for covering insurance company losses

…sounds like a halfway decent framework, but as with everything, the devil’s still in the details…let’s just hope they can get something done before Oct. 17th and the debt ceilingin limit deadline.

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Posted October 14, 2013 by Matthew in Uncategorized

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2 responses to “Possible Senate Debt Limit Deal In The Works?

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  1. Pingback: Senators Continue Ironing Out Possible As Debt Ceiling Deadline Approaches | Carolina Mountain Blue

  2. Pingback: No House Vote Likely Tonight | Carolina Mountain Blue

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