• Forecast
  • News Tip
  • Categories
Temperature Precipitation
Estimated read time
2m 18s

Senate announces deal to end government shutdown, lift debt ceiling

By Rebecca Kaplan / CBS News 4:35 PM October 16, 2013

Still unclear whether House or Senate will vote first; prospects for passage in House not assured

Alaska –

With hours left for Congress to finalize and pass legislation before the United States’ borrowing authority expires, Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., formally unveiled a plan Wednesday that will fund the government through Jan. 15 and lift the debt limit through Feb. 7.

The pair started negotiating earlier this week after attempted talks between President Obama and House Republicans failed to come together. After coming close to a deal on Monday evening, they stepped aside Tuesday to allow the House to attempt to negotiate a solution. When the GOP leadership failed to craft a plan that could win sufficient Republican support, Reid and McConnell were back in the spotlight.

Senate Republicans met at 11 a.m. to discuss the deal.

It is still unclear which chamber of Congress will vote first on a deal. If the House votes first, it will allow the Senate to avoid procedural hurdles that could force them to spend extra hours waiting to pass the bill.

“No decision made, just waiting on the Senate,” House Majority Whip Kevin McCarthy, R-Calif., said Wednesday morning.

But passage is still not a sure thing. For one, House Speaker John Boehner, R-Ohio, will need to round up enough Republican votes to join Democrats in voting for the Senate plan. It’s expected that most, if not all, of the 200 House Democrats will vote for the plan; 217 votes are needed for passage. Although Boehner has tried to stick to the so-called “Hastert Rule” by not putting a bill on the floor of the House that doesn’t have majority support within his own party, he has already had to do so several times this year and will likely have to do so again Wednesday.

The deal passed in January to avoid the fiscal cliff passed with 85 Republicans, A bill not long after that to provide billions in relief to the victims of Hurricane Sandy passed with just 49 Republicans. And a reauthorization of the Violence Against Women Act had just 87 GOP votes.

Additionally, it is uncertain whether Sens. Ted Cruz, R-Texas, or Mike Lee, R-Utah, will try to block the deal in the Senate. Cruz kicked off the battle that led to the shutdown last month when he gave a 21-hour speech on the Senate floor railing against Obamacare.

If the this latest deal somehow fails to clear either the House or Senate, and the debt limit isn’t raised by Thursday, the Treasury will have exhausted its borrowing authority and will be relying on limited cash reserves to pay off the nation’s debt. It won’t necessarily happen at 12:01 a.m. on Thursday, and it may take a few days or even weeks for the world to feel the full impact of such an unprecedented state of economic uncertainty.

Latest Stories

  • Sports

    High school runner brings spotlight to Alaska transgender policy

    by Jake Edmonds on May 28, 13:05

    Haines runner Nattaphon Wangyot qualified for the girls 1-2-3A 100-meter and 200-meter finals Friday afternoon at the high school state track and field meet, but unlike her competitors, she was born a male. Transgender equality has become a hot topic of discussion around the country, and Alaska is no exception. The Alaska Schools Activities Association […]

  • News

    Pasco frozen food company lays off 61 in wake of recall

    by Associated Press on May 28, 12:32

    A Pasco frozen food company has laid off 61 more workers amid an ongoing shutdown in connection to listeria contamination in some of its products. The Tri-City Herald reports that CRF Frozen Foods announced the additional layoffs Friday, raising the total number of workers laid off to more than 300. CRF Frozen Foods has recalled […]

  • Lifestyle

    Earliest snowmelt on record in Barrow

    by Emily Russell / KNOM on May 28, 12:21

    Snow in the northernmost town in the nation is melting earlier than ever before on record. The National Oceanic and Atmospheric Administration’s Observatory in Barrow reported a snowmelt staring on May 13. That’s 10 days earlier than the previous record set in 2002. NOAA has been recording snowmelt from its Barrow Observatory for over 70 years. The […]

  • News

    Health experts: Move Rio Olympics due to Zika outbreak

    by Associated Press on May 28, 10:25

    Health experts on Friday urged the World Health Organization to consider whether the Rio de Janeiro Olympics should be postponed or moved because of the Zika outbreak. The 150 experts — including former White House science adviser Dr. Philip Rubin — issued an open letter to the U.N. health agency, calling for the games to be delayed or […]

  • News

    Crews work to mop up Hiland Fire near Eagle River

    by KTVA 11 News on May 27, 22:18

      Last updated at 3:11 p.m. on Saturday, May 28 EAGLE RIVER — A large number of emergency responders spent Friday evening battling a small wildfire near Hiland Road in Eagle River. By Saturday afternoon, the fire was 100-percent contained and crews were conducting mop-up operations, according to the Alaska Division of Forestry (DOF). In […]

  • News

    From WWII to Vietnam: Wasilla veteran remembers 28 years of service

    by Lauren Maxwell on May 27, 21:36

    There may not be many people who can claim they fought in World War II, became a German prisoner of war then stayed in the military to complete two tours of duty in Vietnam, but Wasilla resident Walter Ferguson is one of them. Walt and his wife Lila are both 91 years old. They met […]

  • Lifestyle

    Anchorage store goes above and beyond to support deaf employees

    by Shannon Ballard on May 27, 20:30

    Inside the South Anchorage Petco there are plenty of sounds to grab your attention, but 22-year-old Joseph Martin works in silence. “I can’t hear and it’s hard they don’t understand. I can’t talk,” Joseph Martin said using sign language. When KTVA spoke to Joseph Martin on Friday, his mom Jane did her best to interpret. […]

  • Crime

    Anchorage man charged with attempted murder for shooting at trooper

    by KTVA 11 News on May 27, 18:01

    A 25-year-old Anchorage man has been charged with attempted murder of an Alaska State Trooper, as well as several other charges, after an early-May saga of alleged criminal activity. According to the Alaska Department of Law, on May 1 a Ship Creek business owner notified police of two men breaking into his business. When the […]