House Republicans Throw Cold Water on Expected Senate Deal

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Senate Deal Expected This Morning

October 15, 2013 9:04 AM EDT

A debt-ceiling, government shutdown deal is expected to emerge from the Senate as soon as this morning, according to Compass Points' Isaac Boltansky.

The deal will likely include: (1) a continuing resolution which would reopen the federal government through mid-January; (2) an extension of the debt ceiling to at least early February; and (3) the inclusion of a mechanism for expedited consideration of a budget resolution through a conference committee. We include below a number of the top questions and answers regarding the fiscal impasse this morning.

On why a deal didn't materialize Monday night, Boltansky notes: Senate Republicans were originally scheduled to meet and review the Reid/McConnell plan on Monday at 5:45pmET but that meeting was delayed until... More