Senate leaders scrambled to restart talks on a plan to raise the U.S. debt ceiling and end the partial government shutdown after efforts by House Republicans to advance their own proposal dramatically fell apart late Tuesday.
House GOP leaders, after initially planning to vote on their plan sometime before midnight, shelved the proposal Tuesday evening after leaders struggled to round up the votes. “It is over,” one GOP aide told Fox News late Tuesday.
With that decision, focus shifted back to the Senate and talks between Senate Democratic leader Harry Reid and his Republican counterpart, Sen. Mitch McConnell.
A spokesman for Reid issued a statement late Tuesday saying, “Senator Reid and Senator McConnell have re-engaged in negotiations and are optimistic that an agreement is within reach.”
The emerging framework on the Senate side would raise the debt ceiling through February, and include a spending bill meant to last through Jan. 15. That version would not include any provision relating to the ObamaCare medical device tax, as prior plans did; instead it would include a single provision meant to verify the income of those receiving ObamaCare subsidies.
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