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U.S. House Speaker John Boehner (R-OH) speaks during a news conference on Capitol Hill in Washington, November 28, 2012. Boehner voiced optimism that Republicans could broker a deal with the White House to avoid year-end austerity measures, saying on Wedn

Saturday morning, Speaker John Boehner reportedly told House Republicans that President Obama had rejected the latest Republican offer demand for capitulation and that there were no continuing negotiations with him:

Conservative Rep Raul Labrador (R-Idaho) said they were told negotiations are stalled with White House.

"It's up to the Senate Republicans...the president rejected our deal," he said.

There is a Republican (and conservative Democratic) proposal coming together in the Senate:
In that chamber, Sens. Susan Collins (R-Maine) and Joe Manchin (D-W.Va.) are circulating a 23-page draft bill that would increase the borrowing limit until January and end the first government shutdown since 1996 by funding government through March.

The bill would also delay Obamacare’s tax on medical devices for two years, while paying for the lost revenue by altering the way that pensions are calculated. allow the heads of federal agencies more autonomy within the constraints of the sequester and provide funding boosts for wildfire suppression, a key concern of Sen. John McCain (R-Ariz.).

First, though, the Senate will hold a cloture vote on a clean bill raising the debt limit through 2014. That vote, scheduled for noon EDT, is expected to fail without a single Republican vote.

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