Continuing Resolution

Mitch McConnell, leader of the Senate Republicans, approached Democrats with a new offer over the weekend: He and his colleagues would vote to open the government and increase its borrowing authority, as long as Democrats would agree to accept the depleted spending levels of budget sequestration. Harry Reid, leader of the Senate Democrats, said no thanks. It was the third time in less than a week Democrats had spurned a Republican overture.

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House Republican leaders finally have a plan. On Wednesday, at a meeting of the party’s full caucus, Speaker John Boehner announced how he intends to approach the two big fiscal issues on the agenda—funding the government past October 1 and authorizing the Treasury to borrow money so it can pay the government's outstanding bills.

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Lots of people think John Boehner has lost control of the House Republican caucus. Apparently John Boehner does, too.

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