Senate Leaders Strike Deal to Raise Debt and End Government Shutdown

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http://www.alternet.org/senate-leaders-strike-deal-raise-debt-and-end-government-shutdown?akid=11047.277129.zCaar-&rd=1&src=newsletter910968&t=3




Republican leaders conceded defeat in their two-week battle to derail Barack Obama's healthcare reforms on Wednesday, agreeing to a series of votes that were likely to re-open the government and avert a looming debt default.

With just hours until a deadline set by the US Treasury for extending the debt limit, House speaker John Boehner signalled he was ready to accept a Senate-drafted peace deal that contained almost no concessions to conservatives who had driven the country the brink of a new financial crisis.

Harry Reid, the Senate majority leader, announced the deal on the the floor of the Senate just after midday. He called for all sides to work together to implement the deal. "Now is not the time for pointing fingers," he said.

Mitch McConnell, the Republican minority leader, acknowledged the fight was over and said the shutdown and debt crisis should be over later on Wednesday.

[djean111]

1. "almost" no concessions to conservatives.......

I believe that Shock Doctrine requires that we embrace the concessions. This is a shot at the Dems in Congress, by the way.
We still are knee deep(er) in austerity.