Republicans demanded a king-size ransom and are poised to walk away with virtually nothing.
The majority House GOP has flamed out, unable to settle on any proposal to lift the debt ceiling and avert a catastrophic default. And now, according to Senate sources, Speaker John Boehner (R-OH) has agreed to vote on a deal negotiated by Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY).
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=205252