Senate Majority Leader Harry M. Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) announced a bipartisan deal today to raise the debt limit through February 7th and end the two week old plus government shutdown. “The compromise we reached will provide our economy with the stability it desperately needs,” said Senator Reid. With the GOP’s intentions always on his mind, Speaker of the House, John Boehner tried to steer the powers that be clear of this compromise in order to advance a GOP alternative. But he failed, so Reid and McConnell quickly met earlier this week to come to one accord.
The House and Senate leaders are still in negotiations on how to maneuver this deal in order to get to President Obama’s desk by the October 17th cutoff date so that the debt ceiling can be raised. However, reports are claiming there is a level of of certainty on Capitol Hill now that a formal deal is at hand. The government through January 15th, therefor delaying the next threat of a shutdown until after the holidays.
According to the Washington Post, passage of the bill would mean that the federal government can reopen and hundreds of thousands of federal employees can return to work. It also means that the Treasury can continue to borrow money in order to pay the government’s bills. Remember, we’re $16.7 trillion dollars in debt. To say we need to borrow money is an understatement. However, the timeline of the passage of this bill sets us up for yet another showdown over spending cuts and entitlement programs, like welfare, unemployment and retirement funding.
It’s being reported that Republicans who shut down the government in a bid to undermine President Obama’s health-care program would win no major changes to the law. But they would get additional safeguards to ensure that people who receive subsidies to buy health insurance are in fact eligible. The House and Senate tried for over two weeks to use the threat of a government shutdown and potential debt default to force change in the implementation of Obama’s Affordable Care Art, to no avail. Obamacare is here.
LIKE HelloBeautiful On Facebook!
Also On HelloBeautiful:
Celebs Tweet Their Thoughts About #JusticeForSandraBland
1. Jesse Williams
#SandraBland's treatment while attempting to travel freely on HER public roadways has been acknowledged as unlawful. She is already dead.
2. Taraji P. Henson
"SAY HER NAME #SandraBland"
3. Ava DuVernay
"'Why are you arresting me?' Because you know your rights. Because I can. Because no one'll believe you. #SandraBland"
4. Kim Kardashian
#WhatHappenedToSandraBland We need answers!!!! This is NOT ok! This is all shady! They need to own up to this & tell the truth!
5. Jussie Smollet
"A loss 4 words. #SandraBlandMatters #BlackLivesMatter 👈🏿tell me this should change once the nation shows that we do. "
6. Snoop Dogg
🙏🌹. Sandra. Rip. 🌹🌹
7. K. Michelle
R.I.P to this queen. This could've been any of us. My prayers go out to her family. #sandrabland https://instagram.com/p/5fvlO_AhCf/
8. Gabrielle Union
SAY HER NAME!!! #SandraBland #SandraBland #SandraBland #SayHerName
"We must get to the cause of #sandrabland death because this CANNOT happen again #deathorfreedom"
10. David Banner
"When will we fight back. A man's duty on earth is to protect women and children. Where are the gangsters? Preachers? We need you. Please."
11. Nicki Minaj
"Rest In Peace #SandraBland"
12. Talib Kweli
"We the people ask @LorettaLynch to investigate #SandraBland #KimberleeRandleKing RETWEET "
Signs. Signs. Signs all around us. The Message is Here. #SandraBland
14. Missy Elliot
"When I look at the #SandraBland traffic video it brings so many emotions😳😢😡😡😤!"
15. Jessie J
"God bless your soul Sandra | #sandrabland | Change needs to come |Justice needs to be served | Heart… https://instagram.com/p/5fV79mQ0aw/ "
16. Jackee Harry
"It's time y'all, it's time.." #SandraBland #BlackLivesMatter
"In memory of #SandraBland these things don't make no kinda sense "
18. Holly Robinson Peete
I really don't look forward to having ANOTHER difficult conversation w my kids tonight...but here we go again😧💔 #SandraBland #SayHerName 😢
19. Jeffrey White
Sadly, doesn't matter by whose hand she died. Unjustified arrested set the outcome in motion. The state murdered her. #JusticeForSandraBland
Sandra could have been your mother, sister, aunt, friend or if she wasn't killed the community outreach advisor A&M. #SandraBland
21. Joan Smalls
"My heart is broken. Sending my deepest condolence to her family and friends. May you find Strength, Peace and Justice. When will this stop? #EqualityForAll #RIP #Why #SayHerName
22. Gladys Knight
Sandra Bland.... #SayHerName #SandraBland
23. Cara Delevigne
Things need to change NOW #SANDRABLAND #Justice #Equality
24. Meek Mill
"Rip to that young lady that lost her life about a traffic stop! 🙏 ima make sure I pray for her and her family! 🙏😄😄😄"