GOP Antes Up In Budget Showdown

Out, at least for the moment: DACA and spending caps. In, for the short run: CHIP and delays on ObamaCare taxes. Republican leadership on Capitol Hill hope to drum up enough support for a one-month continuing resolution to stave off a shutdown while longer-range talks on immigration reform and spending caps continue. The question will be whether Democrats and fiscal conservatives combine to pass it — or to kill it:

House Republican leaders presented their rank and file with a one-month spending bill Tuesday aimed at keeping the government open ahead of a Friday night deadline, as hopes for a deal on young undocumented immigrants faded.

The bill would extend existing spending levels through Feb. 16 and include an extension of a popular children’s health insurance program — aimed at winning Democratic votes — and a new sweetener for conservatives and Democrats alike in delaying several taxes included in the Affordable Care Act. Few lawmakers were enthusiastic about the legislation, but several described it as a necessary evil to avoid the first government shutdown since 2013.

So far, bet on the kill:

Read more at Hot Air.