Headline of the Day: “Republicans are working out the terms of their surrender.”
The bottom line: Republicans are working out the terms of their surrender and are attempting to get something for a standoff that has divided the party and cost dearly in the polls. On substance, it is Republicans who are giving in, although the president is now doing something he said he would not do: negotiate while the government is shutdown and there is a threat of default.
He’s negotiating, but he’s made it clear he is not going to give much. Source: ABC News
NEW RANSOM TO END SHUTDOWN — SPENDING CUTS
BREAKING: AP Sources: House GOP offers debt limit hike, end to shutdown in package with spending cuts
— The Associated Press (@AP) October 11, 2013