My prediction is that we will see a deal structured in two installments of the debt-ceiling hike using the McConnell mechanism, which combined will hit the amount Reid wanted, and with the cuts and assumptions built into the Boehner proposal (with possibly a few changes, which should be checked), with a commitment for a balanced-budget amendment vote in the Senate included.
Saturday, July 30, 2011
Compromise on the Horizon?
Boehner and McConnell are talking optimistically about a compromise. Ed Morrissey suggests one possible shakeout: