Wednesday, October 09, 2013

House Republicans Expect to Approve Short-Term Debt Deal



(National Journal) House Republicans remain committed to forcing negotiations with President Obama and Senate Democrats over a range of long-term fiscal issues, including the debt-ceiling and budget deficit. But they also are beginning to accept that for such talks to take place, they must first approve a short-term debt limit increase.

On Wednesday, Republicans sounded prepared to do precisely that.

In interviews with numerous GOP lawmakers, members spoke with confidence – and acceptance – of the fact that the House will soon approve a short-term deal to raise the debt-ceiling and force Democrats to the negotiating table.

Details are still being ironed out, House Republicans said, but they are on track to approve a debt-limit extension -- lasting between four and six weeks -- that would establish a framework for subsequent fiscal negotiations. Lawmakers said this short-term deal, which President Obama has promised would compel him to join comprehensive talks over long-term fiscal issues, could pass as soon as Friday.

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