Reid says he has signed onto a debt ceiling deal

**SarasotaRepub** · 07-31-2011, 06:50 PM

Washington (CNN) -- The Senate's top Democrat said Sunday that he has signed onto a debt ceiling deal with President Barack Obama and Republican leaders, pending approval of his caucus.

The statement from Senate Majority Leader Harry Reid, D-Nevada, was the first confirmation of a pending deal after legislative leaders dropped hints all day that an agreement was close.

"Senator Reid has signed off on the debt-ceiling agreement pending caucus approval," said the statement his office issued.

A senior Senate Democratic aide told CNN on condition of not being identified that while some grumbling is occurring among Democratic senators, they are likely to support the compromise and it "will get the votes."

LINK

OMG!!! Thank God!!!!

**djones520** · 07-31-2011, 09:44 PM

Ok, and what is this deal?

I really hope it's the left caving to the right. I'd love to see that DUmp implosion.

**Wei Wu Wei** · 07-31-2011, 09:53 PM

Originally Posted by djones520

Ok, and what is this deal?

I really hope it's the left caving to the right. I'd love to see that DUmp implosion.

You mean like it has been non-stop since 2009?

It's not surprising anymore...

**Rockntractor** · 07-31-2011, 09:57 PM

Originally Posted by Wei Wu Wei

You mean like it has been non-stop since 2009?

It's not surprising anymore...

I know what you're smoking but Jones better not be!

**Arroyo_Doble** · 07-31-2011, 10:33 PM

Originally Posted by djones520

Ok, and what is this deal?

I really hope it's the left caving to the right. I'd love to see that DUmp implosion.

Both sides will claim victory and both extremes will cry, "cave!"

Pick your bandwagon and jump on.

**Rockntractor** · 07-31-2011, 10:41 PM

Originally Posted by Arroyo_Doble

Both sides will claim victory and both extremes will cry, "cave!"

Pick your bandwagon and jump on.

**Nubs** · 07-31-2011, 10:53 PM

I don't know which bandwagon to get on. I'm reading they agreed to $1 Trillion in cuts over 10 years. Me thinks it is time to eliminate any variable interest debt and put the rest in gold.

**Rockntractor** · 07-31-2011, 10:57 PM

Originally Posted by Nubs

I don't know which bandwagon to get on. I'm reading they agreed to $1 Trillion in cuts over 10 years. Me thinks it is time to eliminate any variable interest debt and put the rest in gold.

Actually they are only cutting back one trillion of 8 trillion in increases, so I don't know how you view that.