Capitol Hillbillies

It’s finally over. Congress approves debt, budget deal

It’s finally over.  Congress approves debt, budget deal

After weeks of wrangling, 16 days of partial shutdown, and less less than two hours before the deadline for the government to lose its borrowing authority, Congress approved a last-minute compromise bill that puts the government back to work and allows the U.S. Treasury to continue borrowing money — sending the legislation to President Barack […]

Senate approves debt, budget deal 81-18; sends bill to House

Senate approves debt, budget deal 81-18; sends bill to House

Up against a deadline, Congress raced to pass legislation Wednesday night to avoid a threatened national default and end the 16-day partial government shutdown in the culmination of an epic political drama that placed the U.S. economy at risk. The Senate passed the measure on a bipartisan margin of 81-18 at midevening. That cleared the […]

Boehner, other GOP House leaders, will vote for deal

Boehner, other GOP House leaders, will vote for deal

Speaker John Boehner and other top House Republican leaders intend to vote for the bipartisan agreement worked out in the Senate to avoid a financial default and reopen the government. Officials said Wednesday that the leaders made their intentions clear at a closed-door meeting of rank and file Republicans. Boehner in a statement said the […]

Congress racing to pass deal avoiding default, reopening government

Congress racing to pass deal avoiding default, reopening government

Up against one last deadline, Congress raced to pass legislation Wednesday avoiding a threatened national default and ending a 16-day partial government shutdown along the strict terms set by President Barack Obama when the twin crises began. “We fought the good fight. We just didn’t win,” conceded House Speaker John Boehner as lawmakers lined up […]

Senators announce last minute deal to avoid default, open government

Senators announce last minute deal to avoid default, open government

Senate leaders announced last-minute agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown. Congress raced to pass the measure by day’s end. The Dow Jones industrial average soared on the news that the threat of default was fading, flirting with a 200-point gain in morning trading. “This […]

Senate leaders reach deal to avoid debt default, reopen government

Senate leaders reach deal to avoid debt default, reopen government

Senate leaders reached last-minute agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown, according to a Republican senator who also said congressional leaders would push for passage as soon as possible. The New York Stock Exchange soared on the news that the threat of default was easing […]

Vote on House GOP debt bill scrapped for lack of support

Vote on House GOP debt bill scrapped for lack of support

A planned House vote Tuesday night on consideration of a controversial Republican proposal to reopen the government and extend borrowing authority was scrapped after it became clear Speaker of the House John Boehner didn’t have the votes to pass the bill. Republican leaders cancelled a meeting of the House Rules Committee to set up the […]

House vote on its unpopular debt proposal uncertain Tuesday night

House vote on its unpopular debt proposal uncertain Tuesday night

The House of Representatives, where Republicans threw a monkey wrench into efforts that were close to hatching a deal to reopen the government and extend the debt ceiling into next year, will vote Tuesday night on GOP proposal that has brought strong criticism to Speaker John Boehner and the conservative cult he allows to control […]

House votes exist to pass Senate deal but Boehner is stalling process

House votes exist to pass Senate deal but Boehner is stalling process

Aides to Republican members of Congress tell Capitol Hill Blue that they have the votes necessary to combine with Democrats to pass a proposed deal from the Senate that would reopen the government and stave off a debt default on Thursday but say that Speaker John Boehner is resisting bringing the measure to the floor […]