My understanding is that it's exactly (or essentially) the same deal as was on the table 12 weeks ago, though there's some suspicious messing around with the sequester cuts I haven't investigated.
The big(ger) deal about this postponement is that it gets us past the election. My guess is we'll see a lot of posturing in the next 2-4 weeks and after that people will get down to more serious negotiating.
Apparently when I read "the next time it comes around on the guitar" I start singing Alice's Restaurant to myself. Did you intend that? Were you thinking of Arlo when you wrote that bit?
Well, next January in theory we wouldn't have to worry about problems with hitting the debt limit, because from what I understand there's language in the bill that lets the President ignore the debt limit. Just what we need, the government with an unlimited credit card.
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Date: 2013-10-17 01:35 pm (UTC)(no subject)
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Date: 2013-10-17 02:42 pm (UTC)The big(ger) deal about this postponement is that it gets us past the election. My guess is we'll see a lot of posturing in the next 2-4 weeks and after that people will get down to more serious negotiating.
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Date: 2013-10-17 04:34 pm (UTC)(no subject)
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Date: 2013-10-18 05:03 am (UTC)(no subject)
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