See UPDATES at the bottom of this post.

There have been some new developments today as the negotiations on the shutdown and debt limit continue.  The big one is that the House GOP is now charting a separate fiscal course as the Senate nears a deal.

Some of the details of what’s said to be in the House proposal, from CNN:

According to GOP sources and confirmed by Republican Rep. Darrell Issa of California, the House plan would include most of what is in the Senate agreement while adding a provision to suspend an Obamacare tax on medical devices for two years and remove federal health care subsidies for Obama and legislators when they obtain health coverage under the reforms.

In addition, the House proposal would forbid the Treasury from taking what it calls extraordinary measures to prevent the government from defaulting as cash runs low, in effect requiring hard deadlines to extend the federal debt ceiling.

Not surprisingly, that’s all ruffling a lot of feathers.

The White House swiftly rejected the House proposal, and Obama and VP Biden are supposed to meet with House Democratic leaders today at 3:15pm.

House Speaker John Boehner wouldn’t give much detail but said earlier, “We’re talking with our members on both sides of the aisle to try to find a way to move forward today.”

Stay tuned, we’ll continue to post updates as things develop.

UPDATED 10/15 7:50pm ET:

There may be some movement tonight:


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