Dylan Scott

Dylan Scott is a reporter for Talking Points Memo. He previously reported for Governing magazine in Washington, D.C., and the Las Vegas Sun. His work has been recognized with a 2013 American Society of Business Publication Editors award for Best Feature Series and a 2010 Associated Press Society of Ohio award for Best Investigative Reporting. He can be reached at dylan@talkingpointsmemo.com.

Articles by Dylan

UPDATE: 2:20 p.m. ET

Thursday, Oct. 17, is the day that the Treasury Department says it will max out its authority for borrowing money unless Congress raises the debt limit. While the potential for a deal looks promising Wednesday, the procedural hurdles in the Senate mean that a bill might not actually pass until after the debt ceiling is reached.

If that happens, here's what happens after that, according to Jason Furman, chairman of President Obama's Council of Economic Advisers.

"If you hit the debt limit on the 17th, the United States will no longer have the authority to borrow," Furman told a small group of reporters at a briefing last week. "It will have, as Secretary (Jack) Lew said, about $30 billion in cash. Within a very short period of time, that cash would then go away and you'd only be allowed to pay out as much as you collect in."

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John Boehner needs saving. Or at least needs the chance to save himself. That's the message from some Senate Republicans as the House takes back the ball in the ongoing negotiations over re-opening the government and raising the debt ceiling.

Rather than be stuck with a bipartisan Senate plan and a clock ticking toward a Thursday debt ceiling breach, Senate GOPers said after a Tuesday caucus meeting, Boehner needs a chance to come up with a deal that will be acceptable to House conservatives. Nothing less than his speakership is at stake.

"The best thing for the country is for John Boehner to deliver," Sen. Lindsey Graham (R-SC) told reporters. "He would establish himself as the leader of the House, which is good for the country."

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UPDATE: 1:20 p.m. ET

Rep. John Fleming (R-LA) told reporters Tuesday that part of the House Republican calculus in its plan to re-open the government and raise the debt limit was trying to leverage the Thursday default deadline to their advantage in their back-and-forth with the Senate.

"We want to make a deal that they can't refuse, and we're running out of time," Fleming said after a two-hour GOP conference meeting Tuesday morning. "Timing is very important here. They're going to be more motivated to take this up. Otherwise, they miss the Thursday deadline."

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Speaker John Boehner (R-OH) insisted after his conference's Tuesday meeting that he hadn't decided on a way forward for re-opening the government and avoiding default, though details of a plan had already leaked from House leadership sources.

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UPDATED: 10:43 a.m. ET

House Republicans look ready to reject a pending bipartisan compromise in the Senate and propose their own plan for re-opening the government and raising the debt limit.

Here are the details of the new House bill that the leadership presented to Republican members at a closed door meeting Tuesday morning, according to multiple House GOP sources.

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