Time Running Out On Budget Negotiation Deadline

Tick Tock, Tick Tock. Time is running out on the continuing resolution the U.S. Congress agreed on in October.

With a self-imposed January 15 deadline to pass a budget, and a December 13 date to agree on a some kind of tentative deal to move forward, Legislators are not feeling very comfortable that a deal will get struck.

More than likely, the Republican-led House of Representatives will bow to the President, and pass another continuing resolution, in an effort to buy them some more time.

Because the Congress could not come together and pass a budget, the government partially shutdown, and Republicans took a public opinion beating.

Now, considering the beat down the GOP sustained back in October, I suspect that Boehner, Paul, Cantor, and other GOP leadership will most likely give into many of the Democratic Caucus’ demands, and eventually pass a budget that appease President Obama.

Let’s hope that isn’t the case, but it looks as if this will probably happen.