...and this will presumably pass, yes?
CO, can't thank you enough for all your updates. Wondering when you sleep.
Because of my work, I spend a substantial portion of my time working in various newsrooms around the country. The one thing that most of them have in common is late deadlines. And early deadlines. And middle of the day deadlines. And deadlines that change depending on the day of the week.
So the truth is that I spend a lot of time not sleeping when I probably should be.
As to whether it will pass, I think the answer is yes, ultimately. The remaining questions are whether Ted Cruz and/or Mike Lee obstruct the process in the Senate.
If they do not, this can all be done quite quickly. If they do, it stretches out to the weekend.
Then, once it gets to the House, the question becomes whether Boehner actually lets it come to a vote. He has been running scared from the beginning, and keeps getting hustled into bad decisions after privately telling folks he intends to "do the right thing". So now we wait and see whether this cycle will finally break and we get a vote, or else if he lets himself be pressured into doing "something" instead.
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BTW, just a quick addition. If the Senate begins debate and finds itself obstructed, I halfway expect the administration to announce that they have the funds to get through at least the weekend so as to avert any kind of market panic.
The ability of the Obama administration to control the information about the general timing of a default has always been an ace up their sleeve that they could use in crunch time.
