SEC Shutdown Averted??

News Brief

By Cydney Posner

Yes it's true, fresh off his efforts mediating the Syrian crisis, Vladimir Putin has again stepped in to mediate a crisis, this time between the Tea Party and the rest of Congress. Thanks to his efforts, the Senate has reached a bipartisan deal to reopen the government and raise the debt ceiling… until Jan/Feb. According to this article, Tea Party senators said that they would not block swift passage of the legislation in the Senate. Word is that the deal will in fact actually be put to a vote on the floor of the House, even if there is not majority Republican support, although the timing is unclear. That means the SEC will not have to shut down its operations… for a few months, anyway. (So don't throw out that operational plan, SEC. It's highly likely to be needed in the future.) http://www.nytimes.com/2013/10/17/us/congress-budget-debate.html?hp

Congressional leaders all said that they were embarrassed that they had to seek Putin's help in this matter, but they were at such loggerheads and so impressed with his Syrian deal that they decided they had to reach out for his assistance. According to Speaker Boehner, "Volodya [a diminutive form of Vladimir, a term of endearment] really made some folks in our caucus ‘see the light,' and that is enabling us to bring the bill up for a vote in the House." Putin said that he will be sure to make himself available when we go through this crisis all over again in a few months, but he would like to stay in the Lincoln bedroom next time.

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