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Obama, Pelosi discuss debt ceiling increase
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Obama, Pelosi discuss debt ceiling increase

Oct 13 2013, 6:26pm CDT | by IANS

Washington, Oct 14 (IANS) US President Barack Obama Sunday spoke with House Minority Leader Nancy Pelosi about raising the government's borrowing authority without other conditions attached, or a "clean" debt ceiling increase, the White House said Sunday.

Washington, Oct 14 — US President Barack Obama Sunday spoke with House Minority Leader Nancy Pelosi about raising the government's borrowing authority without other conditions attached, or a "clean...

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46 weeks ago

Obama, Pelosi discuss debt ceiling increase

Oct 13 2013, 6:26pm CDT | by IANS

Washington, Oct 14 (IANS) US President Barack Obama Sunday spoke with House Minority Leader Nancy Pelosi about raising the government's borrowing authority without other conditions attached, or a "clean" debt ceiling increase, the White House said Sunday.

Washington, Oct 14 — US President Barack Obama Sunday spoke with House Minority Leader Nancy Pelosi about raising the government's borrowing authority without other conditions attached, or a "clean" debt ceiling increase, the White House said Sunday.

"The president and Pelosi discussed the way forward on the pressing fiscal matters facing Congress today. They reinforced that there must be a clean debt limit increase that allows us to pay the bills we have incurred and avoid default," Xinhua quoted a White House statement as saying.

The first US government shutdown in 17 years drags on into its 13th day. US Treasury Secretary Jacob Lew has told Congress that the federal government will reach its debt ceiling of $16.7 trillion by Oct 17 and that failure to raise it would lead to a catastrophic default.

"The House needs to pass the clean continuing resolution to open up the government and end the shutdown that is hurting middle class families and businesses across the country," said the readout of the discussion.

US House Republicans have floated an idea of a six-week debt ceiling increase to avert a debt default crisis and urged fiscal reforms to cut government budget deficits. But Obama wants a longer-term debt limit increase without other conditions attached.

"The president also thanked Pelosi for her efforts to move forward with a clean CR and a one-year clean debt limit increase that would prevent a first-ever default of our nation's credit," noted the readout.

However, Senate Republicans Saturday blocked a similar "clean" debt ceiling increase bill proposed by Senate Majority Leader Harry Reid, a Democrat, to extend the government's borrowing authority through the end of 2014 without other conditions attached.

IANS

Source: IANS

 
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Source: Big Government   Full article at: Big Government
 

 
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Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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Source: ThinkProgress   Full article at: ThinkProgress
 

 
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Source: Big Government   Full article at: Big Government
 

 
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Our politicians have been saying if we just get better grades in math, America will always be a leader in innovation even though all the things we invent are made in factories in China. But now we're told that the inventors who got straight As want to be in China where all the factories that make the nifty gadgets are. This shouldn't be a surprise. Anyone with first hand knowledge of what it takes to make things knows that innovation is tied to the factory floor, and when fa ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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3

6 days ago

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DENVER (AP) — A federal appeals panel in Denver on Monday suggested that a partisan stalemate in Congress may mean that Republicans in Kansas and Arizona will be unable to force federal election officials to impose proof-of-citizenship requirements on voter registration forms. Those two states sued the Elections Assistance Commission after the agency refused to adjust the federal voting registration forms it distributed in Kansas and Arizona to reflect those states' requiremen ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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1 week ago

With Graham Name, Democrats See Rare Chance For Florida Win

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By Letitia Stein TAMPA, Fla., Aug 25(Reuters) - On a campaign tour across north Florida, congressional candidate Gwen Graham kept her dad busy at a grill flipping hamburgers and hotdogs for voters. Bob Graham, the popular former governor and long-time U.S. senator, features prominently in his daughter's challenge to a Tea Party conservative, one of the nation's most closely watched races that is offering Democrats a rare chance to un ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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1

1 week ago

Lawsuit Accuses San Francisco of Environmental Hypocrisy

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Nancy Pelosi and 62 other House Democrats with 100% ratings from the Sierra Club have for decades been using the Endangered Species Act (ESA) try to litigate small rural California communities out of existence for having the gall to use water for farming and ranching. That is why it will be entertaining to watch the progress of a new ESA lawsuit aimed at forcing San Francisco elitists, like House Minority Leader Nancy Pelosi and her neighbors at the Sierra Club headquarters, to live by the ...
Source: Big Government   Full article at: Big Government
 

 

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