Is the House GOP ready to make a deal?

With the government shutdown entering its second week and the Oct. 17 debt-limit deadline looming, House Republicans are poised to pursue a strategy that deals with each crisis separately, with an emphasis on agreeing to a short-term debt-ceiling deal as quickly as possible.

According to several high-ranking Republican aides, the House GOP leadership on Tuesday morning will inform lawmakers of its plan to continue passing individual funding bills to reopen specific areas of the federal government. On a separate track, the House majority will pursue a short-term extension of the debt limit in hopes of reaching an agreement with the Senate before next Thursday's deadline.

The proposal being floated right now, according to aides, would extend the debt limit for roughly one month and include dollar-for-dollar spending cuts. To win over skeptical conservatives, the House proposal is also likely to include language that would instruct the Treasury Department to prioritize its payments in the event a debt-ceiling agreement is not reached.
 Source: National Journal
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