Debt Deal Detailed

2017-07-10T16:24:59+00:00August 1st, 2011|Budget, entitlement reform, Medicare, Social Security|

Who got what?

A look at what the Democrats and Republicans wanted and what they got in the deal provided by the Washington Post.Today?s timing looks like this:

The House is in at 10 a.m., with first votes possible at noon. On the agenda are four non-controversial votes under suspension of the rules; the House is also likely to consider the debt-ceiling bill, according to House Majority Leader Eric Cantor?s (R-Va.) office.In the late morning and early afternoon, the parties in both chambers are holding caucus meetings to work through the debt-ceiling framework. In the Senate, which comes in at 10:30 a.m., Democrats and Republicans will meet separately at 11 a.m. (Democrats in the Mansfield Room off the Senate floor, Republicans in the LBJ Room).House Republicans and Democrats will hold meetings in the afternoon, as well, likely at noon. The Congressional Black Caucus may hold a news conference later in the afternoon after a 1 p.m. meeting on the debt-ceiling developments.Senators will wrap up their party lunches around 12:30 p.m. and resume consideration of the debt-limit legislation. After 2 p.m., the Senate could vote on ending debate on the debt-ceiling bill, setting up a final-passage vote for later Monday.Assuming there are no snags in either chamber ? and that?s a fairly big assumption to make ? the House could then potentially take up the debt-ceiling bill as early as Monday night.