Thursday Update: President Obama said Thursday morning that his top three priorities for the rest of the year will be passing a budget, immigration reform, and a farm bill now that the government has been reopened and a default averted, reports CBS NEWS.
7:21 p.m. update: The House has passed a bill to fund the government and avert a default on U.S. debt, hours after the Senate passed the same bill. President Obama says he'll sign the bill into law immediately, ending the partial shutdown that started 15 days ago.
Read the full CBS News report here.
WASHINGTON, D.C. - With hours left for Congress to finalize and pass legislation before the United States' borrowing authority expires the Senate Majority Leader Harry Reid, D-Nev., unveiled a plan Wednesday that will fund the government through Jan. 15 and lift the debt limit through Feb. 7, reports CBS News.
"No decision made, just waiting on the Senate," House Majority Whip Kevin McCarthy, R-Calif., said Wednesday morning.
According to CBS News:
But passage is still not a sure thing. For one, House Speaker John Boehner, R-Ohio, will need to round up enough Republican votes to join Democrats in voting for the Senate plan. It's expected that most, if not all, of the 200 House Democrats will vote for the plan; 217 votes are needed for passage. Although Boehner has tried to stick to the so-called "Hastert Rule" by not putting a bill on the floor of the House that doesn't have majority support within his own party, he has already had to do so several times this year and will likely have to do so again Wednesday.