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News Link • Economy - Economics USA

What The Three Month Can-Kicking "Deal" Looks Like

•, by Tyler Durden
 Here is what that "stunning reversal for the speaker" deal looks like. In short: the can has been kicked for three months, to early February.
But the fact that House Republicans are now planning to go that route marks a stunning reversal for the speaker who had backed his conservative wing’s drive to gut Obamacare as part of the government shutdown fight, now in its third week.
The bill will barely scathe Obamacare, however, and putting it on the floor will mark a huge concession by the House after sparking a 16-day government shutdown over insistence that the health care law be defunded or delayed as a condition to keep the government open. Dozens of conservatives in the House will be disappointed by the proposal and Boehner will need Minority Leader Nancy Pelosi to deliver a bevy of votes to pass the bill.

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