• 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

  • News

    Recent oil refinery owners share contamination cleanup costs

    by Associated Press on Aug 27, 11:38

    Alaska’s Supreme Court says recent owners of a North Pole oil refinery share costs of cleaning up a contamination that has reached about 7 square miles of groundwater. The Fairbanks Daily News-Miner reports the Friday ruling keeps onsite cleanup costs attached to Flint Hills while former refinery owner Williams Alaska Petroleum is responsible for the […]

  • News

    Emmonak’s local option law will stand following ‘invalid’ election results

    by Davis Hovey / KNOM on Aug 27, 11:26

    The city of Emmonak has deemed part of the results from its Aug. 9 special election as invalid. Two ballot measures passed during this special election. One increased the city sales tax by 1 percent, which will take effect on Sept. 1, and the second measure was meant to change Emmonak’s local option law that currently […]

  • Crime

    Troopers: Heroin from Quinhagak ‘more fentanyl than heroin’

    by Charles Enoch / KYUK on Aug 27, 10:58

    This story originated from KYUK Public Media and was republished with permission. BETHEL — The heroin seized in Quinhagak that was responsible for three overdoses and one death was found to contain large amounts of fentanyl. State tests showed that there was more fentanyl than heroin in the samples tested from the village. Troopers say this is the first time such […]

  • News

    Community mourns lives lost in series of shootings, urges prevention

    by Liz Raines on Aug 26, 22:16

    After a deadly summer, people around Anchorage are hoping to turn things around. At least nine young men have been shot to death in the last three months. On Friday, dozens turned out for an anti-gun violence rally and vigil at The Drift Gallery Dance Studio. The event was organized by a grass roots group […]

  • Sports

    Week 3 of Alaska high school football

    by Dave Goldman on Aug 26, 22:13

    West 34  Chugiak 23 West High School broke open a close game in the second quarter, then had to hang on thwarting a late rally against host Chugiak High School at Tom Huffer Sr. Stadium. The Eagles (2-1) took a 21-7 into the half as Qyntyn Pilcher found Turek Taylor for a 25-yard touchdown. The Mustangs […]

  • News

    Hiland Lullaby Project: Music to connect inmates and their children

    by Rhonda McBride on Aug 26, 22:04

    There’s something promising cooking at the Hiland Mountain Correctional Center for women. The recipe is simple. You bring women together –- both inmates and local musicians –- to compose lullabies. The artists record the songs on a CD, along with a personal message from the inmates. The result? A way for inmates to connect with […]

  • News

    Child struck by car severely injured, expected to survive

    by Megan Edge on Aug 26, 21:22

    A child who was struck by a car Friday evening and suffered “sever injuries” is expected to survive, according to Anchorage Police Department spokesperson Jennifer Castro. According to Castro, police were notified that the child was struck in a trailer court near Fiji Street and Tonga Street  at 8:15 p.m. The child was riding a […]

  • News

    Whale carcass continues to degrade near Kincaid Park

    by Lauren Maxwell on Aug 26, 20:29

    A humpback whale that washed ashore in Kincaid Park is still there. High tides that lapped at the shoreline below the bluffs, near the motor cross track, have failed to move the giant carcass. But in the nearly seven weeks since the whale washed up it has deteriorated considerably. Bones are showing and the body appears […]