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Sunday, October 13, 2013

Reports: Some Progress on Deal to Open Government, Still discussing Length of Agreement, Senate Adjourned until Monday

by Calculated Risk on 10/13/2013 05:02:00 PM

From Kasie Hunt of NBC News:

Senate is adjourned until 2 p.m. Monday.
From John Harwood of CNBC:
Aide: Senate D leaders optimistic of deal after "productive" Reid-McConnell talk. Haggling over length of CR/debt hike but expect to resolve
Currently the Democrats want a shorter deal (like 6 weeks) for both a continuing resolution (CR) and to pay-the-bills (aka raise "debt ceiling").    The reason for a shorter deal is the Democrats are concerned about sequestration cuts in the Budget Control Act of 2011 (BCA) that will take effect in 2014.