October 14th, 2013
09:14 AM ET
8 years ago

Manchin: Senate is 70%-80% close to a deal

Updated 10:32 a.m. ET, 10/14/2013

(CNN) – The Senate is 70% to 80% close to a deal to raise the debt ceiling and end the government shutdown, Sen. Joe Manchin, D-West Virginia, said Monday on CNN's "New Day."

"I think we're 70%-80% there, putting the extra 20-25% to it," he told CNN's Chris Cuomo. "When should the (continuing resolution) come due, when should the debt ceiling come due, and does that give that time for the budget conference, the budget committees to sit down and work through this? Those are the details that have to be worked out."

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Manchin and Republican Sen. Susan Collins of Maine over the weekend led a bipartisan group of 10 other senators to draft a plan that would end the ongoing stalemate in Washington. He said they have a "good template," and he believes both Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell are looking at the plan.

"We're making progress. We're gonna continue to meet throughout the day. And the conversations have been very constructive," Collins told reporters on Capitol Hill Monday morning. "We're not gonna release any details until we have an agreement. I hope we will have an agreement. We're making progress toward an agreement, but we're not there yet."

Talking seen as 'breakthrough' on Capitol Hill

Reid, however, rejected the plan on Saturday, saying it's "not going to go anyplace at this stage."

"There are two good things in it, "Reid said Saturday in a press conference. "Number one, it opens the government. Number two, it extends the debt ceiling. Other than that there's little agreement with us."

The Senate voted on a separate procedural measure to extend the debt limit with no strings attached on Saturday, but the measure fell short of the 60 votes needed to proceed.

No deal in sight as shutdown approaches third week

Collins said Sunday she "was very surprised" when she heard Reid make his decision about the bipartisan proposal.

"I was very surprised when Senator Reid said that, I don't know why he said it. I don't think it was very constructive," Collins said on CNN's "State of the Union with Candy Crowley." "But the fact is we have a responsibility to govern and we're continuing to talk and I'm still hopeful that at least we sparked a dialogue that did not exist before we put out a plan."

So what exactly was in their plan?

The framework called for a longer extension of the debt limit and government funding, as well as a two-year delay on the 2.3% tax on medical devices, which is used to help pay for the new federal health care law. The plan would also give federal agencies greater flexibility to deal with the forced spending cuts known as sequestration.

CNNMoney: The crisis with an on/off switch

Manchin further explained Monday the deal would include verification measures to prevent people from "scamming or frauding" the health care insurance system. According the agreement, the Senate and the House would go to conference to reconcile their differences and work out a long-term budget deal. The deadline for the budget conference, however, is one of the details in the plan that hasn't been worked out.

The Treasury Department says it will be unable to pay the government's bills unless the debt limit is increased by Thursday. The partial shutdown of government services has been in effect since October 1.

But a key sticking point for Democrats is sequestration. While the Collins' plan give "flexibility" on the spending cuts, Democrats and the White House don't want to agree to anything that allows another round of the spending limits to kick in as they're supposed to in mid-January, senior Democratic sources told CNN's Dana Bash.

McConnell, who faces a tea party primary challenge in his 2014 re-election bid, is pushing back hard against the Democrats' insistence to get rid of the currently scheduled spending cuts.

Republican Sen. Bob Corker, who's been working closely with Manchin and Collins on the deal, said he has reason to believe the Senate will come to an agreement Monday.

"I know Mitch and Harry are talking, and I think we're about to get to a place to move something hopefully off the Senate floor that's widely bipartisan," he told CNN.

While it may not "attract the fringe on either side" the agreement may allow lawmakers to "pass something off the Senate floor," he added.

The Senate reconvened briefly Sunday afternoon but adjourned with no signs of progress on a deal. The Senate meets again Monday at 2 p.m. ET, while the House meets at noon.

Before leaving Capitol Hill on Sunday, Reid struck a positive note as he spoke on the Senate floor.

"I've had a productive conversation with the Republican leader this afternoon. Our discussions were substantive and we'll continue those discussions. I'm optimistic about the prospects for a positive conclusion," he said.

Rand Paul: Obama is trying to ‘scare people’ on debt ceiling


Filed under: Congress • Government Shutdown • Joe Manchin
soundoff (216 Responses)
  1. Benji a 24 year old tea partier.

    Get lost Harry Reid!!

    October 14, 2013 10:04 am at 10:04 am |
  2. Rottenham

    Let's pay our lawmakers to repeat this global circle jerk every six weeks, what do you say?

    October 14, 2013 10:05 am at 10:05 am |
  3. MM

    I hope the government shuts down at least 50%. That would be a good start.

    October 14, 2013 10:05 am at 10:05 am |
  4. The fact of the matter

    "Reid, however, rejected the plan... " Thanks to the people of Nevada, there's the real problem.

    October 14, 2013 10:06 am at 10:06 am |
  5. Lisa

    They convene at 2 p.m.? They don't seem to be working very hard to resolve this.

    October 14, 2013 10:08 am at 10:08 am |
  6. rs

    The framework called for a longer extension of the debt limit and government funding, as well as a two-year delay on the 2.3% tax on medical devices, which is used to help pay for the new federal health care law. The plan would also give federal agencies greater flexibility to deal with the forced spending cuts known as sequestration.
    _______________________________
    translation: The GOP wants manufacturers of medical devices shielded from the gross profits of medical devices. Things like artificial hips replacements that cost them perhaps $1,000 that they sell for $20-30,000.

    Same old, same old- let's just keep on defunding the government in favor of the wealthy-NOT!

    October 14, 2013 10:08 am at 10:08 am |
  7. Sambell1

    Cnn continues to distort. The vote on Saturday did not need 60 votes to proceed. It was filibustered by Republicans. Why aren't you honest in your reporting?

    October 14, 2013 10:10 am at 10:10 am |
  8. Crazytimes

    I say let the gov default

    October 14, 2013 10:10 am at 10:10 am |
  9. Joe

    Obama is a complete failure.

    October 14, 2013 10:11 am at 10:11 am |
  10. Joe

    You fools have had a whole YEAR to work on this. You knew it was coming,...yet ALL of you stalled, ignored,...and used this situation for politics instead of governing this country like you were elected to do. We will elect someone else the next time around !

    October 14, 2013 10:12 am at 10:12 am |
  11. The Religior

    Hahahaha. America, compromise! God dammit, the North Koreans and extremists are laughing right now. Terrorists are night now hacking into the US government as we speak, because the shutdown left the US at its weakest. Unite, or fall from history as the weakest nation.

    October 14, 2013 10:13 am at 10:13 am |
  12. End The Party

    Oh no we will not be there until Nov. 2014 when we vote all of you to the unemployment line.

    October 14, 2013 10:13 am at 10:13 am |
  13. McShannon

    We borrow money about 3.2 billion for Israel and similar amounts for Egypt, Afghanistan and Pakistan and just give it to them with a hocus pocus string attached. They must spend a predetermined amount purchasing weapons from USA arms manufacturers. The money that we give Israel amounts to $400 for every man woman and child much of which is subsidizing Lockheed Martin. Lockheed has the biggest lobby in DC and spends millions in DC to get their contracts. Lockheed gathered up in 2012 well over 42 billion dollars from military contracts and aid packages.
    Time is upon us to ignore the lobbyist and especially the defense contractors that are coddled because of the money they can put under the table or under anywhere they can. The foreign aid packages that mandate large portions of package must be spent for American manufactured weapons is beginning to absolutely reek. The Mideast doesn't need more weapons and why are we borrowing money to give away so that these people can profit? Darn it and unspeakable curse words we have had enough of this B.S.

    October 14, 2013 10:14 am at 10:14 am |
  14. dajowi

    Raising the debt ceiling is just the governments way of asking the "credit card company" to increase the amount of credit available. You don't ask a credit card company to increase you credit line unless you're planning on purchasing more items on credit. It's simple economics and millions of Americans are in financial trouble because of this exact way of thinking and spending. Our government is either stupid or playing Americans as fools by insisting on this course of action.

    October 14, 2013 10:14 am at 10:14 am |
  15. annieL

    Oh, now I see. Republicans are still extorting policy and spending concessions right up to the wire. It's not JUST about how long to keep the government open next time or how long to raise the debt ceiling but gutting Obamacare of the revenue from the medical device tax so it won't be able to subsidize insurance for the uninsured low-income worker or pay states to expand Medicaid. Another backdoor raid on Obamacare. I knew Republicans were up to something in their hostage negotiations. They just can't do the right thing, can they?

    October 14, 2013 10:14 am at 10:14 am |
  16. steve

    "Republican Sen. Susan Collins of Maine over the weekend led a bipartisan group of 10 other senators to draft a plan that would end the ongoing stalemate in Washington.....Reid, however, rejected the plan on Saturday, saying it's "not going to go anyplace at this stage."

    That's it, folks. the Democratic party, the Party of NO.

    October 14, 2013 10:15 am at 10:15 am |
  17. Ralph

    Personally, I hope they stay shut down and just shut down even more. I'm not missing them.

    October 14, 2013 10:15 am at 10:15 am |
  18. geno marcello

    Republicans need to stop talking to each other. Democrats need to stop talking to each other. Both parties need to call an emergency meeting of the world's top economists as well as the heads of the International Money Fund to avoid a global economic crisis. Whatever else GOP or Democratic leaders think, I believe the United States MUST increase its debt limit. I am a conservative republican with libertarian leanings. Our elected representatives, unfortunately, are not experts on the economy and simply don't know where they are heading.

    October 14, 2013 10:15 am at 10:15 am |
  19. Scott Cisney

    I think now the only thing we can do is to try and estimate where the damage will occur first, and take steps to get out of the way. I understand that guarenteed return funds are mostly treasuries, and other such instraments. Sounds like they will take a big hit when a default occurs. Stocks? Well they will go down alot in the days afterwards. Gold? Maybe, but whose gonna take your gold nugget at Walmart for milk and eggs? I guess just buy some food and other necessities. Who knew it would come to this, a blade runner world, hungry people, unemployed people by the millions, and that it wouldn't be from some unavoidable thing. It would come from the very people who "prophesy" doom and gloom. They managed to pull off the self fullfilling prophesy. Good luck to us all. I believe it is too late now anyway. This whole article is about something the senate is trying to do, which is fine, but the house has to go along and you have people there who WANT things to fall apart. It's over. Our good lives are over. I guess we can take solace in the fact that the Kock Bros and Mittster and others have alot more to lose than us. Of course they believe they've "protected" their money, but there isn't really going to be a safe harbor anywhere.

    October 14, 2013 10:15 am at 10:15 am |
  20. Lamar

    Here is a good idea, stop playing games with the American people and just do your job!

    October 14, 2013 10:16 am at 10:16 am |
  21. Hector Slagg

    It appears if the Liberal's can't screw the money out of the Conservatives one way they will use another. Now it is "Obama Care".

    with less and less people working, Sans Obama Care and business tapped out the Liberal's want to raise the National Deb to pay for Obama Care. They forget, (Ignore) all the other things they have put in place that soaks up the revenue paid in taxes. Is anyone, besides the Conservatives listening?.

    October 14, 2013 10:18 am at 10:18 am |
  22. justaman

    Somebody better show some common sense, and soon! You don't "play" with a nation by holding it's people hostage with some bullying tactic. I am NOT an "Obama supporter", but I do respect the office, and I cannot blame him for standing his ground. Down the road, some Republican president will be grateful he did, too. They need to think about the precedent they're trying to set, and how destructive to our form of government such a precedent would be. Think we've got a few wing-nuts trying to "attack" Washington now, let this "hostage-taking" work and see what we get down the road. Pure idiocy is all we're witnessing at the moment.

    October 14, 2013 10:18 am at 10:18 am |
  23. Michelle

    I am a bit confused by the Senate coming up with plans. Aren't these things supposed to originate in the House, who's power is control over the purse?

    October 14, 2013 10:18 am at 10:18 am |
  24. drag1

    They have no money to pay their debts yet they have plenty of money for Syria, they were ready to fire tomahawk missules ay Syria at $1.5 million a pop (per missile). And of course there is always plenty of money to fund the Syrian rebels.it seems the American people are last on the government's list.

    October 14, 2013 10:18 am at 10:18 am |
  25. Eric B

    took 14 days to get 70% percent there so i dont thing we will get the last 30% in time

    October 14, 2013 10:19 am at 10:19 am |
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