The tantrum continues

 Posted by at 14:20  Politics, Republicans
Jul 302011
 

And so the temper tantrum continues…

Congressional leaders struggle to work out bipartisan debt deal

With just three days to go before Congress’s deadline to raise the debt ceiling and avoid sending the country into default, leaders continued to struggle Saturday to work out a bipartisan deal that can pass both chambers and be signed into law by President Obama.

Senate Minority Leader Mitch McConnell (R-Ky.) delivered a letter Saturday afternoon to Majority Leader Harry M. Reid (D-Nev.), signed by 43 Republicans, declaring that Reid’s debt-limit legislation was unacceptable.

Needing 60 votes to clear a filibuster hurdle, Reid’s current draft is assured of failure in a 1 a.m. vote Sunday. McConnell demanded that President Obama re-engage in negotiations. “It isn’t going to pass,” McConnell said Saturday in a floor speech. “Let’s get talking to the administration.”

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UPDATE: The Senate vote that had been scheduled for 1 a.m. Sunday morning has now been moved to 1 p.m. Sunday afternoon. The clock is ticking.
 

  One Response to “The tantrum continues”

  1. No Deal will be reached… I hope that you’re prepared for A Debt Default! The United States Dollar should be pretty close to dead [ or worthless ] by Spring.

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