The Senate leadership has reached a short term deal which will re-open the government and avoid default. The full Senate is expected to vote on it later today and it is expected to pass.
Details are still sketchy but it appears that it will fund the government through January 15th and raise the debt ceiling enough to avoid default at least until February 7th. It is also expected that John Boehner will bring it to the floor of the House for a vote.
While details are slim, it appears that the sequestration spending levels will be maintained and that they have agreed to convene a conference committee to hammer out a budget, with chairmen Murray of the Senate and Ryan of the House heading their respective delegations to the committee.
While the GOP members are still maintaining their determination to repeal Obamacare, they seem to be willing to leave it out of the current negotiations while saying that in the future they will renew efforts to repeal it.
Much of the deal apparently came from the group of 14 Senators led mainly by Senate women, including Kelly Ayotte (R-NH) who has said that defunding Obamacare was never a winning strategy. The final deal includes some of the recommendations of that group, but the final form was developed by the leadership under the direction of Harry Reid and Mitch McConnell.
We will have to wait until the bill goes to the House to be certain that disaster has been averted. But it is expected that Boehner will not attempt to use the so called Hastert Rule in this case. That “rule” is the tactic developed by former speaker Dennis Hastert in which the speaker does not bring a bill to the floor unless he is assured that all of his caucus supports it.
The TEA party faction will surely oppose it but it is expected that there are enough moderate Republican votes for the measure to pass.