The Business Insider has provided a handy timeline for the next few days before Tuesday and the supposed deadline for a deal to be made. It’s going to involve some late hours on Capitol Hill, and early morning votes.
I basically think that Rich Lowry is going to be right about how this will unfold: “Boehner passes; the requirements for the second tranche are weakened and/or wiped out in the Senate; the final deal passes in the House with help from Democrats. We get some cuts and a commission and what is, essentially, a debt increase past the election.”
One alternative possibility is that the Reid bill could be the vehicle for the legislation. But either way, the final product will be about the same.
