Skip to main content

(Jonathan Ernst/Reuters)
 
Brian Beutler:
By multiple accounts, Democrats left Thursday's White House meeting unhappy.

That leaves us at crunch time. After Friday's symbolic vote on Cut, Cap, and Balance, the President and Congressional leaders will have about 48 hours to announce a deal that can pass both Houses. If that doesn't happen, Reid will file cloture on a fallback plan -- Plan Z -- he's negotiated with Mitch McConnell to avert catastrophe. According to top Senate Democratic and Republican aides, that plan's largely written, sitting on a shelf, and ready to go if the prospects for a bigger deal diminish.

Filing cloture won't take a bigger deal off the table, but it will at least give the Senate enough time to pass a backup plan that could reach the House 72 hours before the August 2 deadline. However once Sunday's deadline passes, it will become more difficult to get a bill through the Senate in time to pass the House, potentially creating the need for a short-term extension.

Although nobody from the White House nor House leadership will confirm any of the details of the Obama-Boehner deal, apparently one of the ideas is to link tax reform with the individual mandate: if tax reform isn't implemented, the individual mandate would be repealed. According to Beutler, that idea has been pushed by Eric Cantor for several weeks now.

Join the discussion in brooklynbadboy's diary, "TPM: Dems angry with Obama, Reid ready to move on McConnell/Reid."

Originally posted to The Jed Report on Fri Jul 22, 2011 at 07:27 AM PDT.

Also republished by Daily Kos.

Tags

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site