Senate leaders strike deal on short-term debt limit patch

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Senate leaders have clinched a deal to steer the nation away from a fiscal cliff that would hit in less than two weeks, pushing their debt ceiling stalemate into December

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Senate leaders clinched a deal on Thursday to avoid an economic nightmare in less than two weeks, pushing their debt ceiling stalemate into December and creating a fiscal pileup around the holidays.

With an unparalleled default on the nation’s debt temporarily off the table, both parties are billing the debt limit patch as a win. But the short-term fix merely punts a standoff that has already dragged on for months, and could serve to make the fight even more of a mess. Some Democrats had entertained making an exception to the Senate’s filibuster rules for debt ceiling legislation, but the idea was quickly rejected on Wednesday by Sen. Joe Manchin , one of the party’s key centrists.

“The bottom line is, Republicans know they’re going to get blamed for this,” Murphy said. “They’ve come to the table with a proposal that at least gets us to December. And hopefully by December they’ll realize that doing this three months at a time isn’t in their interest.”

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The same swamp that voted for US$ 19 000 000/day for israel

It’s all about political control and power. If it leads to county’s ruin, so be it. The Tea Party thinks ruin is their way to control.

Deal….🙄 LeaderMcConnell blinked but SenSchumer blinked harder. Gotta love kicking the can down the road. Again. Both parties are complete trash

Can you imagine the pre-Christmas drama that awaits! 😱

Republicans need to resign for being hypocritical obstructionists. When they were in power, Dems worked with them.

It was nice of mitch to alow the democrats to help Americans...wtf,

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