Is The Immediate Crisis Over?

Tim Alberta reported last night that the “particulars of this short-term [debt-ceiling] proposal are in flux, as there are ongoing discussions within the conference regarding which provisions — if any — should be attached.” Cohn is waiting to see the House’s bill:

[I]t’s hard to judge Boehner’s proposal without knowing more details. In particluar, will it actually stipulate that fiscal negotiations take place—and, if so, will it put restrictions on what the outcome of those talks can be? These are critical questions. While Obama and the Democrats have signaled that they would reluctantly accept a short-term increase in the debt ceiling—notwithstanding the political perils that my colleague Noam Scheiber recently identified—they have been adamant that legislation increasing the limit not come with strings attached. It’s not clear whether the bill Boehner described would satisfy those criteria.

Jonathan Bernstein’s perspective:

Democrats have no choice but to accept a clean debt-limit extension (or government funding bill, if that’s available) of any length at all … Where it gets fuzzier is if Republicans propose something that isn’t exactly “clean.”

If the add-ons are cosmetic, Democrats probably (again, depending on details) should accept it. If it includes Republican policy gains or Republican-favoring procedural gains, then Democrats should reject it. But if it’s just some meaningless mumbo-jumbo tossed in so that Republicans can claim a victory (or at least pretend there was no defeat), then Democrats should accept it.

Alex Altman is unsure how many Republicans will support the plan:

It is still uncertain whether the restive House Republican conference broadly supports the plan. While members described the meeting as positive and cordial, others said both more moderate and more conservative members expressed reservation. Some centrist Republicans are concerned about leaving the government shuttered. While several of the Tea Party Republicans who forced the shutdown in an effort to change elements of Obamacare said they would support the plan if Obama signed on, others withheld their support.

Chris Cillizza has similar questions:

Can a clean debt limit bill win a majority of the majority?  This is perhaps the most basic question in all of this. Boehner, as we have noted previously in this space, has already passed three pieces of legislation — the fiscal cliff bill, Hurricane Sandy relief funding and the re-authorization of the Violence Against Women Act — with a minority of Republicans supporting them this year. Does he want to do it again on something as high profile as the debt ceiling?

My favorite quote of the day on all this is from a “senior Democratic aide“:

“Republicans may let one hostage go, but they are keeping a gun to the head of the other, while reserving the right to kidnap the first one again in a few weeks.”

And the beat goes on. Earlier Dish on Boehner’s latest, desperate gambit here.