Are House Republicans Caving in on Repealing Obamacare? Doubtful.

Democrats deride the honesty of the House Republicans’ new budget while Republicans mock the integrity of the Senate Democratic blue print, but both documents are riddled with gimmicks and wishful thinking. These definitive elements of each plan will make reconciliation close to impossible.

Coinciding with the House's vote to repeal the Affordable Care Act on Thursday, Rep. Darrell Issa (R-Calif.) promoted a hashtag on Twitter that stirred up partisan emotions on both sides of the aisle.

Yesterday, Citigroup floated the idea that a temporary government shutdown once the full array of debt ceiling extension measures expires some time in mid/late February, is possible, which would also mean the first technical default of the US depending on the prioritization of US debt payments.

President Barack Obama and House Speaker John Boehner met for a third time at the White House to discuss averting spending cuts and tax increases before a year-end deadline. Boehner and Obama met for almost an hour Thursday, with no public announcement of progress. In January, more than US$600-billion in spending cuts and tax increases, the so-called fiscal cliff, are scheduled to begin. Lines of communication remain open

(Reuters) - House Spea

Readers of this blog might know that the Obamacare saga was one of the main topics that I covered here when I first started blogging back in 2009.

House Republicans are gearing up on Thursday to hold at least their 37th vote on repealing at least part the Affordable Care Act, which will soon be implemented across the country.

House Republicans delayed a vote on Speaker John Boehner’s tax-increase plan and called a meeting to consider how to build support for it or decide their next move in the U.S. budget standoff. Republicans had planned to vote tonight on the measure that would allow higher tax rates on annual income above $1 million. They delayed after a related spending-cut bill passed with only a few votes to spare. Asked whether she thought the party could resurrect Boehner’s measure tonight, Representative Kay Granger, a Texas Republican, shook her head no.