John Boehner is in his last week as House speak­er, but there won’t be much time to sa­vor the mo­ment.He still hasn’t re­vealed how he plans to pass le­gis­la­tion to raise the na­tion’s debt lim­it ahead of a Nov. 3 dead­line. Con­ser­vat­ives are de­mand­ing that spend­ing cuts ac­com­pany any debt-ceil­ing in­crease, but Pres­id­ent Obama and Demo­crats are re­fus­ing to ne­go­ti­ate on the is­sue. Boehner is eager to “clear the barn” of con­tro­ver­sial is­sues so they won’t have to land in the lap of Rep. Paul Ry­an, who is ex­pec­ted to form­ally win the speak­er­ship in a floor vote on Thursday.The Sen­ate will also have to start mov­ing soon to avoid trig­ger­ing a de­fault on Nov. 3. While the House can pass le­gis­la­tion quickly if ne­ces­sary, pro­ced­ur­al rules could bog the Sen­ate down in sev­er­al days of de­bate.The House is ex­pec­ted to vote on the reau­thor­iz­a­tion of the Ex­port-Im­port Bank this week, al­though Sen­ate Ma­jor­ity Lead­er Mitch Mc­Con­nell has said he doesn’t want to deal with the is­sue as a stand-alone bill in his cham­ber.

Source: Outlook: Debt Limit Looms Over Boehner’s Last Week

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