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FOLLOWING A WEEK of divisive debate, the US Senate has passed a temporary budget — sending the legislation to the House amid a congressional show-down, just days from a possible government closure.
House Speaker John Boehner has indicated that Republicans will likely alter the legislation and send it back to the Senate — a move that could leave insufficient time for an amended bill to pass both chambers of Congress before a fiscal year-end deadline of midnight Monday.
The Senate voted along strict party lines – 54 Democrats to 44 Republicans – to approve the measure, which funds government operations until 15 November 15 at the annual rate of $986 billion.
However, the legislation in its current form also strips out language that would have defunded President Barack Obama’s health care law.
That provision on so-called “Obamacare” had been the key sticking point — and the Senate’s Democratic leader Harry Reid did away with it after Obama insisted he would not sign a budget bill that defunded his signature domestic legislative achievement.
Several Republicans had supported moving forward to debate and vote on the bill given the precarious timing, but they united in opposition to it once Reid removed the provision defunding Obamacare.
The Democratic majority prevailed, with Senator Barbara Mikulski saying the bill “will lay the groundwork for us to get to a solution on the long-term fiscal needs of our country”.
But it was the short-term that was to be the all-consuming question today and through the weekend — as the House goes into session on Saturday and possibly Sunday to debate and vote on a way out of the looming fiscal crisis.
Shutdown
House Speaker John Boehner has indicated his caucus is unlikely to support passage of the Senate’s stripped down version, suggesting yesterday that Republicans will seek to insert some conservative sweeteners in the legislation and send it back to the Senate.
Such a move would push the US government perilously close to the end of the current fiscal year, 30 September.
If no funding bill is in place by Tuesday, 1 October, many government agencies are mandated to start shutting their doors.
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The shop in Galway is a no brainer! Guaranteed to make your money back in ten years and less if you can do something with the apartments above. Wonder would the bank give me a loan….
Thats just the reserve price put on it. Probably go for nearer €3m. Usually 20 times lease is price of building so if someone can pick it up for 14-15 times it would be good business with the added rooms upstairs. Oh to have money.
Exactly the thoughts of many who put us into this mess! If the Spar goes out of business, you then have an empty shop…..
€190k a year lease??? I think you should check your figures. Not a chance!!! Shops on Shop St cost one third.
U can’t have it gone to foreigners already
Going going gone ..lol Ogochukwu wishes youse all the best with that purchase ..lol but youse must remember that the Aldi’s and those Lidl’s are taking over , so youse could be ending up not under the tree but under water ..lol good luck ,,lol
Another property infomercial courtesy of Daft.ie.
Foreign banks firesell their distressed repos as NAMA and the Irish banks stockpile 1000′s of rotting homes.
A bit of truth and balance please.
What about an enquiry into the corrupt unregulated estate agent industry in Ireland journal???
When is a repossessed property not a repossessed property? At Allsops!
Recession me arse.
Why would anyone want to buy anything in Carrick On Suir?, its a awful hole of a place
Your assuming cash changes hands not very likely. So corrupt and rotten to core. No one will have a days luck with their stolen goods
Stolen goods?, what the heck are you even on about?
Easy there Martin.
Its a good place to live..but like a lot of small towns its being passed over in favour of its larger neighbours..an awful lot more positives than negatives in the town..and a great bunch of genuine people doing what they can to improve things for all.
Not a nice comment about Carrick, Martin. We have a great community and it is a good town to live in. Back off!
Nigel its a kip
What’s the matter? Can you not afford a decent life in Dublin ?
Decent life in Dublin?
For sewer rats maybe.
And drug dealers.
Hopefully the fellow at the last one who spoke about constant markievicz who gave his life for Ireland will turn up!
Just more and more spin from our corrupt estate agents, trying to talk the market up and up. A pox on them.
Has the propaganda quota for today been reached already?
Had many a pint in the Sibin in Carrick with my grandad. So many fond memories, shame to see it looking so sad and lonely.
Haven’t lived in Carrick for 20 years but grew up there and my family still there – unfair comments here. . Towns are all about the people who live in them not the buildings and Carrick has lots of great people and a great community spirit.
I wonder will Ulster bank buy this one ?They are paying €180,000 a year in rent reserve set at €650,000. http://www.allsopspace.ie/auction/lot/8222
Doubt it very much ! They want to get the hell out of Ireland !
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