Although the President and House TEApublicans did not reach an agreement in a Thursday meeting at the White House, they are starting to talk with some tentative proposals having been made. The President neither rejected nor accepted a proposal by Boehner and company to extend the debt ceiling for another 6 weeks, keeping the possibility of default at bay at least temporarily.
The TEApublicans have requested that the President commit to talks over a long term deficit and tax overhaul plan in exchange for this short term debt ceiling extension. Representative Paul Ryan (R-WI) said after the meeting, “The president didn’t say yes, didn’t say no, we’re continuing to negotiate this evening.”
The President wants the ending of the shutdown as a condition of any further negotiations. Hal Rogers (R-KY) chairman of the House Appropriations committee said, “I think it’s clear that he would like to have the shutdown stopped, and that would require a C.R., and we’re trying to find out what it is that he would insist upon in a C.R., and what we would insist upon. So our staffs are meeting, and we’ll talk later tonight.”
Robert Costa, a reporter for the National Review says that his sources tell him that the House seems to be close to passing the 6 week extension, going on to point out that a member of the House leadership said that he is “increasingly optimistic” that when the bill comes to the floor, it will have significant support from Republicans. p
The same source credits Paul Ryan with making a major contribution to getting the votes that will be needed to pass the measure, saying that he has been working quietly in the Ways and Means Committee meetings and in “intra-party” talks on the floor to persuade members to pause their efforts to repeal Obamacare.
He said that it was not an easy sell, but that over time they came to accept that with the Senate and White House under Democratic control, some concessions would have to be made — at least in the short term.
It remains to be seen where this will lead, but at least the two sides are talking and that is a step in the right direction. Some have speculated that the GOP is softening their hard-line stance somewhat due to their plummeting approval ratings in the polls.
All we the people can do is wait and see, hoping that the hatred on the right for the President is not so strong that they are willing to forgo tanking the economy in order to stand against him.