As the world waits for signs that the US political deadlock will end, a weary US House of Representatives Speaker John Boehner held another press briefing on Tuesday after his Republican party threw out a Senate deal.
The Republicans now meet to vote on a new bill – the question is whether it can pass without any Democratic votes whatsoever.
Boehner told journalists:
“We’re talking with our members on both sides of the aisle to try to find a way to move forward today.”
He is keen to hammer out a deal in order to avoid the spectre of the US government defaulting on its debt. But he faces stiff opposition from the Republican far right.
Earlier, Nancy Pelosi, head of the Democratic minority in the House of Representatives scuppered Republican plans to change US President Barack Obama’s healthcare package.
Obama assembled with his Democrat party at the White House in Washington. He urged lawmakers to move forwards and reach a bipartisan deal to lift the debt ceiling before the Thursday deadline.
Harry Reid, the Senate Democrat leader was scathing of the Republican right wing:
“Extremist republicans in the House of Representatives are attempting to torpedo the Senate’s bipartisan progress with a bill that can’t pass the Senate, can’t pass the Senate and won’t pass the Senate.”
The stakes are high. Ratings agency Fitch has even put the US’ precious triple AAA credit rating under review for a downgrade.