Jamesb101.com

commentary on Politics and a little bit of everything else

Congress WILL try NOT to shut down the Government over spending….

They’re gonna punt…..

Again….

Lets see if the can extract a little MORE drama out of this from the Conservatives in the House?

Senior House and Senate leaders voiced optimism that they could reach agreement on a stopgap spending measure that would prevent a government shutdown shortly before the November election.

Congress has more than two months to figure out how to fund the government this fall, but because lawmakers are only in session for less than three weeks during that time, discussions about a continuing resolution have heated up in recent days. The Senate has made little progress passing annual appropriations bills, necessitating a stopgap measure to keep the government’s lights on through the November election.

It could be political suicide to have a government shutdown before voters go to the polls — for both sides of the aisle. Congress’s approval rating is a scant 16 percent, according to a July Gallup poll.

The central issue has been the length of a stopgap, and both sides appeared to be moving toward a six-month bill, which would keep the government running into 2013.

Senate Majority Leader Harry Reid (D-Nev.) said Thursday talks were occurring “at a high level” and had been “very productive.” Reid also suggested that he would support a continuing resolution that would extend into 2013, aligning him with House conservatives who have pushed their leadership for a six-month bill. “It would be to my preference that we do something that would alleviate this being an issue that we have during the lame duck,” Reid said….

More….

July 26, 2012 Posted by | Breaking News, Government, Law, Politics, Projections, Taxes, The Economy, Updates | , , | 4 Comments