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Although the document is tempered and goes along with Obama's new deadline for action, the frustration of the Hispanic Caucus is apparent.
Both the Senate plan and a House version taking shape Tuesday morning leave unresolved the major fiscal disputes that have sparked two years of brinkmanship and largely create a new set of deadlines for action.
The deadline for action within the auspices of the WTO's dispute-settlement body is November 17th.
It's with that deadline for action firmly in mind that the NFA backed out of the committee hearing.
Group of 20 finance chiefs last week set the Sunday meeting as a deadline for action by European officials.
But Oliver Letwin's department did not bother replying within the usual timeframe of a few weeks, waiting instead until the committee's recommended deadlines for action had passed.
And these reforms must include clear deadlines for action.
Last Friday, in anticipation of the expiration of the Microsoft deadline for Yahoo action on the bid, Mahaney made a new set of predictions: 45% chance of a merger at a price somewhat higher than the initial bid, a 40% chance that Microsoft will go hostile, a 10% chance that Microsoft walks away, and a 5% chance for deal at the original bid to be accepted.
Yesterday, US officials set a deadline of June 21 for Security Council action on a new sanctions resolution.
The tax deal may be a one-off situation where a looming end-of-the-year deadline forced action to avoid tax cuts expiring across the board.
Ofgem said Drax's lack of action after the deadline played a big part in its decision.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com