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Louis Vuitton Tote Celebrity

Louis Vuitton Tote Celebrity

Barack Obama can find a compromise on raising the government $16.7 trillion debt limit.

Even if it had advanced, the legislation wouldn have gotten far.

´╗┐Five scenarios for ending the shutdown impasse

Scenario 1: Republicans fold

Treasury Secretary Jack Lew says the debt limit will be reached on Oct. 17. With no debt limit agreement, the government would default on some of its debt, and payments to Medicare, Social Security and other beneficiaries would be delayed.

So it a scenario based more on hope than reality.

This scenario seems quite unlikely, with an attempt faltering in the House late Tuesday. 15. But the vote which required a two thirds majority failed to pass.

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If this scenario comes to pass, Boehner already shaky leadership could be weakened because conservative House members would be angry that their efforts to delay or defund Obamacare were circumvented, with Democrats providing the votes to end the standoff. They question what good it does to be the majority party in the House if the majority can achieve its goals.

Republicans might try to keep coming up with just the right mix of programs they agree to keep funding in the hopes that it would win some Democratic support. government, parks and veterans, they might try another mix: national parks, military readiness and cancer research at the National Institutes of Health.

As the second day of the current shutdown begins, there no clear path forward. Republican and Democratic leaders remain entrenched in separate camps, with no serious negotiations ongoing to restart funding to the federal workforce.

to "releasing one hostage at a time."

In this scenario, at least some House Republicans would abandon their efforts to attach anti Obamacare provisions to a government spending bill. Those Republicans would partner with House Democrats to amass the 217 votes needed to pass to the "clean," unamended Senate version of the legislation.

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A deal like this would not by itself solve the bigger and to many economists much more frightening problem of whether Congress and President Louis Vuitton Alma Sizes

Scenario 3: The impasse lasts for weeks and spending bill negotiations are combined with debt limit negotiations

Louis Vuitton Tote Celebrity

Louis Vuitton Tote Celebrity

Scenario 2: A short term deal to fund some agencies

Scenario 4: The fiscal impasse lasts until the government finally defaults on some of its debt.

Louis Vuitton Tote Celebrity

Louis Vuitton Tote Celebrity

Louis Vuitton Tote Celebrity

The Senate passed spending bill, or "continuing resolution," would allow discretionary spending on everything from military training exercises to national monuments through Nov. 15.

In this scenario, congressional leaders, having failed to solve the smaller problem of passing a short term spending bill, decide to raise the stakes by solving both the debt limit and spending in one package deal.

It might be that the shock of a default on the debt ends up being the only thing that gets entrenched Democrats and Republicans to agree on a spending and debt accord.

Any hope for a combined package would depend on Republican leaders willingness to give up at least for a while the leverage they think Louis Vuitton Damier Azur

But that agreement on military pay may have been the easy part. Both sides know that they give up bargaining leverage by agreeing to any of what the opposing side wants.

Senate Majority Leader Harry Reid, D Nev., called the Republican effort a "wacky idea" that would simply "cherry pick some of the few parts of government that they like." Pelosi said the GOP plan was akin Louis Vuitton Luggage Set Replica

Louis Vuitton Tote Celebrity

Louis Vuitton Tote Celebrity

they get from the recurring fiscal deadlines.

A White House spokeswoman called them "piecemeal efforts," and said "the president and the Senate have been clear that they won accept this kind of game playing." She said Obama would veto them.

Minority Leader Nancy Pelosi went to the House floor Tuesday to offer Republican Speaker John Boehner enough Democratic votes to pass that Senate bill. Pelosi said she was making "an explicit offer to help you, Mr. Speaker, get those votes because this shutdown, while it might be a joy to all of you who are opposed to government, is a luxury the American people cannot afford."

Keep in mind that the two sides have already taken one major step to limit the impact of the partial government shutdown: Both House and Senate passed a bill to ensure that members of the Armed Forces will keep getting paid Louis Vuitton Tote Celebrity during the shutdown.

But the odds of a comprehensive deal seem slim. Boehner has already said he wants further spending cuts in return for any increase in the debt limit, while Obama has said again and again that raising the debt limit is a non negotiable item. The two leaders proved in 2011 that even their most earnest efforts couldn bring them to a deal both men could live with.

But at some point, the impasse must come to an end. Here are five conceivable scenarios for drawing this exercise in Washington dysfunction to a close.

For Democrats, it important to be able to paint the Republicans as the culprits. As Sen. Jeff Flake, R Ariz., said Tuesday: "The Democrats knew that if there were to be a shutdown, that it would be Republicans who take the blame."

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