News

House Republicans to pass own debt limit plan on Tuesday

House Republicans to pass own debt limit plan on Tuesday

SHUTDOWN DEADLOCK: Speaker of the House John Boehner, R-Ohio, with House Majority Whip Kevin McCarthy, R-Calif., right, walks to a meeting of House Republicans at the Capitol in Washington, Tuesday, Oct. 15, 2013, as a partial government shutdown enters its third week. It is not yet clear how Boehner and tea party members in the House majority will respond to the Senate's Democratic and Republican leaders closing in on a deal to avoid an economy-menacing Treasury default and end the partial government shutdown. Photo: Associated Press/AP Photo/J. Scott Applewhite

WASHINGTON (Reuters) – Republicans in the House of Representatives on Tuesday hope to pass their own version of legislation to reopen the federal government that would differ from a plan now emerging from Senate negotiations, Republican lawmakers and aides said.

The Republican version would be similar to the Senate plan but would include two key concessions on “Obamacare” health reforms, said Republican Representative Darrell Issa.

These include a two-year delay of a tax on medical devices that helps fund insurance subsidies as well as a requirement that Congress and top Obama administration cabinet officials obtain health coverage under the program.

Aides said the House plan calls for an extension of government funding at current levels through Jan. 15 and an extension of borrowing authority through Feb. 7.

Issa said the House version would not allow the U.S. Treasury to renew its extraordinary cash management measures, which could stretch borrowing capacity for months.

Recent Headlines

in Sports

This week’s top sports shots

AP491836413688

A look at some of the biggest hits and best scores this week in sports.

in National

Virgin Galactic spaceship crashes during test flight

virgin

A passenger spaceship being developed by Richard Branson’s Virgin Galactic has crashed.

in Sports

This weekend’s sports schedule

mississippi

A complete look at this weekend's sports schedule.

in National

Making headlines this week

AP15711298271

A look back on some of the biggest newsmakers this week.

in Black Friday, Lifestyle, National

Walmart ups ante on holiday shopping

walmart

Starting Saturday, Walmart will do whatever it takes to rope in holiday shoppers however they want to buy.