Government Shutdown Ending?

Published by Michael Novogradac on Wednesday, October 16, 2013 - 12:00am

Appears that Majority Leader Reid will announce deal on floor of Senate shortly, once Minority Leader Connell makes it to the Senate floor.

Appears key points of deal are:

  • Raise debt ceiling to February 7, 2014
  • Fund government to January 15, 2014
  • Create budget committee made up of members from House and Senate, to report back by middle of by Friday, December 13, 2013 (Yes, Friday the 13th)
  • Not expecting mention of tax reform

More details (and corrections) as more information becomes available.

(updated Thursday, October 17, 6:41 am)