Debt Talks Continue, Backup Plans Readied

Amid a cloud of uncertainty over reaching a debt-ceiling deal, President Barack Obama met with Senate Majority Leader Harry Reid (D-Nev.) and House Minority Leader Nancy Pelosi (D-Calif.) in the Oval Office late Sunday, according to the Hill. Suggested Reading Three Friends Were Headed To A Beyoncรฉ Concert, But One Dies On the Way. Guess…

Amid a cloud of uncertainty over reaching a debt-ceiling deal, President Barack Obama met with Senate Majority Leader Harry Reid (D-Nev.) and House Minority Leader Nancy Pelosi (D-Calif.) in the Oval Office late Sunday, according to the Hill.

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Trump’s Tariffs Might Stick Around. What Should We Buy Now?
Trump’s Tariffs Might Stick Around. What Should We Buy Now?

Only Democratic leaders were invited to the 6 p.m. meeting, according to the Hill's Blog Briefing Room. It lasted about an hour, and it was unclear as of this posting what had come out of that confab.

Earlier, during a conference call, House Speaker John Boehner (R-Ohio) urged GOP members to "stick together" and discussed a proposal that could be ready for a vote on Wednesday.

A leadership aide explained to The Hill that Boehner's goal is to have a plan ready for discussion at a 2 pm closed-door meeting on Monday with GOP rank-and-file members; after which the legislative text would be posted Monday night. That could set up a vote on a yet-to-be-seen proposal by Wednesday.

Even though lawmakers worked all weekend, they're still meeting separately and seem to be far apart on a deal. Hopefully they can come together this week, because they are running out of time as the Aug. 2 deadline swiftly approaches.

Read more at the Hill, and more debt-ceiling coverage at The Root.

In other news: The DSK Maid Speaks.

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