***UPDATE: TENTATIVE DEAL REACHED?***

Here’s a quick summary of today’s events, courtesy of Hotair:

Via John McCormack, Senate Republicans have sent a letter to Reid urging him not to waste his time with the current bill. But there’s a hitch:

43 GOP senators sign bill saying they oppose Reid bill. Brown, Collins, Snowe, Murkowski didn’t sign it.

Also, the House soundly defeated Reid’s bill before it even got the House: 173 For / 246 Against. Sounds like they are using the Democrat moves against them.

Boehner and McConnell just had a press conference where Boehner laid the blame squarely on Obama’s shoulders as to why we are in this mess (or as he put it, cul-de-sac), during the Q/A. McConnell also says they have been in talks with Obama within the last hour.

Here’s the whole press conference that occurred at 4PM:

Also, both Nancy and Harry have been summoned to the White House.

***

As a side note, here is Rubio’s speech from the Senate Floor today on his perspective on the problems we are facing. Aside from the interruption by Kerry, it was great:

***

UPDATE: The Senate’s cloture vote on Reid’s bill will occur tomorrow at 1PM. It was moved because Reid says there are negotiations going on at the White House and they need more time.

***

UPDATE: ABC is reporting that a tentative deal has been reached:

  • Debt ceiling increase of up to $2.8 trillion
  • Spending cuts of roughly $1 trillion
  • Vote on the Balanced Budget Amendment
  • Special committee to recommend cuts of $1.8 trillion (or whatever it takes to add up to the total of the debt ceiling increase)
  • Committee must make recommendations before Thanksgiving recess
  • If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare.

Rep. Dennis Ross (R-FL) tweeted:

“that’s not a deal, that’s a surrender.”




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67 comments
John Kubalak
John Kubalak

Unfortunately one thing that Sen. Rubio did not say was, "Thank you, Senator Kerry, for pointing out the President's history of disingenuous rhetoric."

Constance
Constance

Most definitely. He is a shining star, as is Rand Paul, Sarah Palin, Jim DeMint, to name a few. These are our people; the ones we should be supporting and focusing on. The other so-called conservatives have shown their hands this week. They need to be removed. I'm not even listening to them anymore.

John Hinds
John Hinds

Personally, I think he might have committed an impeachable offense in GR. I'd like to see a 'fast ad furious' trial.

John Hinds
John Hinds

The night is darkest just before the dawn.

John Hinds
John Hinds

No depression - yet. Inflation will continue for awhile. Don't know for sure but I think the fed is the biggest buyer of our debt right now. I think China, et al, are getting out of dollar denominated instruments, bonds.

John Hinds
John Hinds

No depression - yet. Inflation will continue for awhile. Don't know for sure but I think the fed is the biggest buyer of our debt right now. I think China, et al, are getting out of dollar denominated instruments, bonds.

John Hinds
John Hinds

Right, wheat alone has gone up over 85% in a year, if my memory serves. I know my favorite loaf of bread was .89 two years ago and is now 2.50.

John Hinds
John Hinds

No, he won't, and that is the biggest concession of all.

Dan C
Dan C

Giving Obama 2.8 trillion debt increase with these token cuts is a disgrace. We are being sold out. Compromise is one thing, but this 2.8 trillion is way too much to give away.

Jeremy
Jeremy

It's amazing how amateur these establishment democrats and republicans look when set side by side with people like Marco Rubio. Rubio is an amazing speaker and he's not even reading from a teleprompter. Obama take notes.

Mike Allen
Mike Allen

Don't worry REHLV...It's all part of the grand plan to win the "propaganda war". Oh look... Harry Reid and liar-in-chief are are crying like a boehner. I think we're winning.

Mary Nochera
Mary Nochera

I wish Marco Rubio would run in 2012.

I would allow my car to be a mobile billboard here in the SF Bay area!

Allen Poe
Allen Poe

Typical tranny tactic. Wait until crisis, then propose the same old tactic. This raises the debt ceiling, increase taxes, gives more money to Obahashit, with which to buy votes, drive the USA into the sea. Impeach the faaassssstttaaarrrrd!

KenInMontana
KenInMontana

He may be sending troops to Mexico at the rate he is going.

Josh
Josh

If I had any military background in me at all, I would stand up and salute this incredible statesman. Give 'em hell, Rubio!

Alicia
Alicia

Sarc aside,please do it.

Alicia
Alicia

For 5.95 a month you will. Learn.....TO buy tin foil for your head.

Alicia
Alicia

god will sort it out.sarc

Mary
Mary

Ah, I see said the blind man. I was going to quote Hebrews 11:1, but I think you already know it.

Alicia
Alicia

suicide is the answer to all your questions.

Duane Eugene Pounder
Duane Eugene Pounder

RodneyM That was a great Post!!!!!

I have a serious man-crush on Marco Rubio. He is a great representative of the conservative, common sense ideals we need in this country.

Even if he only has a short time in Washington.

Shara Palin if Nominated for President by the GOP or Tea Party. she Should Draft Marco Rubio for V.P.

If you Listen to him, there is discuss (with the way Washington runs) in his Voice.

Mary
Mary

How did you lose all hope? I've been brought low in this old world a number of times, but I never lost all hope. But I agree with you, it's always best to be prepared.

Alicia
Alicia

How does the whole system work?

Richard McCreedy
Richard McCreedy

So now Boehner/Mitch/Reid are going to draw up some terrible bill together. Which they were always going to do no matter how the Boehner bill went.

So, if there is anyone here who supported the Boehner bill, please, please tell me why we HAD to pass it out of the House? So we could then compromise with Reid? That was going to happen anyway. Give me one good, solid reason that passing the Boehner bill was so crucial.

Allen Poe
Allen Poe

FYI, The constitution says, house makes all laws, senate ratifies, the president sign into law. The Supreme court can only say if it follows the constitution, not change it. Reed clarified modern government. The president makes laws, the senate must approve,and the house okays it.

NEO CON JOHN
NEO CON JOHN

Your right elmer, they learned the rules and kicked our ass at our own game.

That's what happens when you play by PC rules.

RodneyM
RodneyM

I have a serious man-crush on Marco Rubio. He is a great representative of the conservative, common sense ideals we need in this country.

David Robertson
David Robertson

This needs to be seen by a wider audience. I would encourage my friends that comment here to share this. Rubio is a captivating speaker and defines the issues better than anyone in Washington right now. Really enjoy listening to him and Rand Paul. I think his tone and words will connect with America.

Joyce Sears
Joyce Sears

Breitbart also has this Rubio video on his site. So, it is getting around. Rubio is just ALWAYS AWSOME!

NEO CON JOHN
NEO CON JOHN

I agree, After you post your comment forward this link to 5 people with a request for them to listen to it. We have to be more proactive in presenting our position on this issue. Great idea David.

Mary
Mary

Eerie seeing Kerry posing as an elder statesman vs. the young Rubio. I love this new crop of young conservatives! They give me hope for the future of this country and my children and grandchildren.

poljunkie
poljunkie

In my view Sen Kerry was attempting to slow Marco Rubios momentum, and if Rubio didn't yield he would have been accused of not playing nice.

The Ancient
The Ancient

I doubt that, very very rarely do people yield anymore.

The Notion that there should be ACTUAL debate on the floor has be lost, and I respect Rubio ALOT by doing so, I think all Senators should yield unless there is a VERY good reason not to.

Most of them are scared to actually debate any issues, they just want to get in front of the camera and pontificate with out question.

poljunkie
poljunkie

Rubio is gracious, and well prepared.

Vorlath
Vorlath

If it's symbolic, then they should mean it. The opposite is voting for a bill even though it's not exactly what you wanted. That's what every member of government has to do at some point. So no, Kerry wasn't calling Obama a coward at all. He was saying you can't take too seriously statements that are attached to votes that won't change the outcome. It's a Liberal thing.

David Boyes
David Boyes

no teleprompter, intelligent good speaker .... Boehner is too stilted and bad with teleprompter, this man needs to get out front and speak for the Repubs.... way more often !!

Steven
Steven

Well I hear what your saying, but we need to win next year. And we need CONSERVATIVES to win. Not some RINO like Romney, but real conservatives. In order to win, we frankly need young people, Hispanics, women, and the state of FL. Palin/Rubio 2012 FTW!

Persephone
Persephone

Absolutely magnificent delivery from Rubio!

Look!...No teleprompter!

I love it that he brought up the fact that there has been no Budgets signed under Obama.

We should be screaming that...loud. And often.

They get to spend more if there is no budget in place that they're required to follow.

Senator Rubio earned some stripes on this.

He hit all the right points.

And even made the old elitist donkey Kerry look like a doddering fool.

Alicia
Alicia

Illuminati maybe?

Persephone
Persephone

You're right, Bmark...we don't have to 'automatically default'.

That's the core of all this.

It is a battle over spending priorities.

As you mentioned, there is a lot of non-essential garbage spending going on.

It could all be slashed to the bone.

And most of the American public would not suffer or even notice that that non-essential spending had even ceased.

Obama seems to be terrified that the American people will see that the Govt could get along just fine with a lot less money.

That is why he is having hissy fits and making threats about cutting off checks to grandma and to our troops.

Those checks are on auto-issue too!

It would take a deliberate Presidential Order to make them stop going out.

Toni w
Toni w

AMEN...sister? - Been saying that all week long to anyone who gives me an opening. I'm so sick of this whole thing - but I will stop here because when I get going, I start spewing and that isn't always a good thing.

KenInMontana
KenInMontana

+1,000,000,000,000.99

Persephone
Persephone

...Or worse.

We still don't know what the net numbers are going to be.

Jeff Reeder
Jeff Reeder

Correct, also most people don't know this but a check issued by the federal government of the USA is the same as cash. Yep, even if a bank (with a federal charter) suspects that the funds are not available, they must cash it.