Competing House, Senate shutdown, debt limit plans - Chicago News and Weather | FOX 32 News

Competing House, Senate shutdown, debt limit plans

Posted: Updated:
  • Government ShutdownMore>>

  • Key support for budget deal; deficits would rise

    Key support for budget deal; deficits would rise

    Wednesday, December 11 2013 6:48 PM EST2013-12-11 23:48:33 GMT
    A newly minted budget deal to avert future government shutdowns gained important ground Wednesday among House Republicans who are more accustomed to brinkmanship than compromise, even though it would nudge federal deficits higher three years in a row.
    A newly minted budget deal to avert future government shutdowns gained important ground Wednesday among House Republicans who are more accustomed to brinkmanship than compromise, even though it would nudge federal deficits higher three years in a row.
  • Shutdown lawnmower man honored with new chainsaw

    Shutdown lawnmower man honored with new chainsaw

    Wednesday, November 13 2013 1:44 PM EST2013-11-13 18:44:34 GMT
    The man who mowed the lawn around the Lincoln Memorial during the shutdown is getting honored Wednesday. Chris Cox was out at the Lincoln Memorial with a lawnmower and chain saw in early October.
    The man who mowed the lawn around the Lincoln Memorial during the shutdown is getting honored Wednesday. Chris Cox was out at the Lincoln Memorial with a lawnmower and chain saw in early October.
  • For Cuccinelli, few good options on shutdown

    For Cuccinelli, few good options on shutdown

    Wednesday, October 23 2013 4:50 PM EDT2013-10-23 20:50:09 GMT
    The 16-day partial government shutdown is all but certain to figure prominently in Thursday's final sparring match between candidates in the governor's race. And that could be a problem for Republican gubernatorial candidate Ken Cuccinelli.
    The 16-day partial government shutdown is all but certain to figure prominently in Thursday's final sparring match between candidates in the governor's race. And that could be a problem for Republican gubernatorial candidate Ken Cuccinelli.

A comparison of House and Senate plans for ending the government shutdown and extending the federal debt limit, as of Tuesday evening. House Republicans withdrew their plan late Tuesday before a vote after it became clear it would have been defeated. Further changes in the Senate proposal are possible.

___

ENDING THE SHUTDOWN:

Senate plan: Reopen government immediately, fund agencies through Jan. 15.

House plan: Reopen government immediately, fund agencies through Dec. 15.

___

EXTENDING THE DEBT LIMIT:

Senate plan: Extended through Feb. 7. Preserves Treasury secretary's ability to shift funds among various accounts to let government keep paying bills for brief periods once the debt limit is reached.

House plan: Extended through Feb. 7. Treasury secretary would not be allowed to shift funds among various accounts to let government keep paying bills once debt limit is reached.

___

RESOLVING LONGER-TERM SPENDING AND BUDGET ISSUES:

Senate plan: House-Senate bargainers would have to produce a report by mid-December.

House plan: No such language.

___

CHANGES TO 2010 HEALTH CARE LAW:

Senate plan: No major changes.

House plan: No major changes. The president, vice president, Cabinet secretaries and other administration appointees, members of Congress and congressional staff would lose the federal contribution that helps them pay health insurance premiums.


Powered by WorldNow

205 N. Michigan Avenue
Ground Floor
Chicago, IL 60601
Station Operator: (312) 565-5532
Newsroom: (312)565-5533

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices