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DEMOCRATS CONTROLLING THE US Senate are planning to try to pass a stand-alone measure to increase the government’s borrowing cap, challenging Republicans to a filibuster showdown that could unnerve financial markets as the deadline to a first-ever default on U.S. obligations draws closer.
A spokesman said Senate Majority Leader Harry Reid could unveil the measure as early as today, setting the table for a test vote later in the week.
The measure is expected to provide enough borrowing room to last beyond next year’s election, which means it likely will permit $1 trillion or more in new borrowing above the current $16.7 trillion debt ceiling that the administration says will be hit on 17 October.
The development came as a partial shut down of the government enters its second week with no end in sight.
It’s not clear whether Reid’s gambit will work, but Republicans are expected to oppose the measure if it doesn’t contain budget cuts to make a dent in deficits.
The question is whether Republicans will filibuster the measure.
Until recently, debt limit increases have not been the target of filibusters; the first in memory came four years ago, when Democrats controlled the Senate with a filibuster-proof 60 votes.
Many Republicans in the Senate, including Minority Leader Mitch McConnell of Kentucky and Whip John Cornyn of Texas, have voted for so-called clean debt limit increases during Republican administrations.
Some Republicans seemed wary of participating in a filibuster that could rattle the stock and bond markets.
“We shouldn’t be dismissing anything out of hand, whether it’s the debt ceiling or what we’re going to do with this government shutdown,” Senator Lisa Murkowski, R-Alaska, said.
The impasse over the shutdown — sparked by House Republicans’ insistence that a temporary funding bill contain concessions on President Barack Obama’s health care law — shows no signs of breaking, as each side sticks to its guns and repeats its talking points.
Democrats from Obama on down to the most junior lawmakers said again that the House should vote immediately on ending the partial closure of the government.
Obama said House Speaker John Boehner, “doesn’t apparently want to see the … shutdown end at the moment, unless he’s able to extract concessions that don’t have anything to do with the budget.”
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Is this the same Flanagan who’s lobbying the Egyptian authorities on behalf of Muslim Brotherhood extremists?
That would be the same guy alright! Pandering to extremists! The very people who want to change our laws to Sharia use them against us. Don’t get so tolerant that you tolerate intolerance.
The Irish citizen indefinitely interned without due process by a military dictatorship?
No it’s the same Charlie Flanagan who refused to expel the Israeli ambassador for murdering hundreds of children recently.
Do you mean the person who entered Egypt on an Egyptian passport ?
Still an Irish citizen, whether you believe with his opinions or not.
if we didn’t allow terrorists to refuel in shannon the threat would be nil
They weren’t terrorists, they were the Americans. Letting the Americans refuel there is why we might be a target. Try and keep up.
I should keep up? ))) keep reading it, the penny has to drop eventually )))))) Numpty
Now, now my child. Just because I corrected you, there is no need to resort to name calling. I was only doing it to clear up your confusion.
Terror threat to Ireland is low ! , well if the number of Muslims continue to grow that “low ” might change
Only 2% of EU terror attacks since 2010 were Islamic, ther dont report lone wolfs, seperatisis and nationalist attacks cos theyre not as sexy.
Same in the US their biggest threat remains right wing extremists
That statistic is completely misleading
140, 000 murders in the USA since 9/11 fewer than 100 with any fundamentalist connection. Sharia law? The mind boggles. Who/what system benefits from keeping people churned up about this while they steal kids’ patrimonies?
There is a cowardice that responds to this in the West.
It might be an idea to look around the Parnell Square area.
Or Dame Street, Solny?
Tap, that’s where I live.
Thanks for the heads up Comrade Shinnerbot.
Keep your eyes peeled Prov, rumour has it that there are some suspicious characters hanging around that area.
All I see are freedom fighting patriots, but don’t worry, if I see any terrorists I’ll be quick to deflect.
the south circular road, post office on leopards corner on dole day etc etc, w.union shoo hooo.
“policy of integration” haven’t ye tried that already? best of luck with trying what’s not possible. Don’t let them return here, home? this is not their home.
Meanwhile in Australia… https://au.news.yahoo.com/nsw/a/26035713/call-for-muslim-army-in-australia/
It’s well known by the man on the street that jihadists are hiding out in Ireland. What’s not well known is the Americans and Britain is watching very carefully and they will take action if necessary.
The article mentions integration, something that will never ever happen. Multiculturism does not work and there is zero evidence that it does. On a side note has any other Irish person given any type of vote on mass immigration or integration or is this forced integration? by the way the U.N convention on human rights states that forced integration is genocide, under article 2 i think.
no we were not given vote cos they’d know the outcome, so forced it, and the UK now says they should have put it to the people.
the cartoons should be published here in solidarity with freedom of speech. if they think theres no threat here, then theres one way to find out, or would they be not so sure? they’re not sure, they’re here too and lots and lots of sympathisers hiding behind face.
Be alert, your country needs lerts
I can’t believe the comments painting all Muslims with the same brush. Just as the KKK does not represent all Christians, fundamental terrorists such as those in France do no represent all Muslims.
Why is it low???
Because we have such a small Muslim population.
Ireland on high alert. Keep that one eye open paudge
have your say