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GOP moves toward six-week extension of $16.7T debt limit

Posted By admin On October 10, 2013 @ 10:28 am In Featured Stories | Comments Disabled

Ian Swanson and Russell Berman
The Hill [1]
October 10, 2013

House Republicans are moving toward a vote on a six-week extension of the nation’s debt limit as a way to buy time for more negotiations with President Obama.

GOP leaders discussed the proposal with their members at a conference meeting, with some aides saying a vote could come as soon as Thursday.

It is not clear if the hike to the $16.7 trillion debt limit would be completely “clean,” meaning it would not demand concessions from Democrats. A clean hike would mark a significant concession to the White House.

Full article here [1]

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URL to article: http://www.prisonplanet.com/gop-moves-toward-six-week-extension-of-16-7t-debt-limit.html

URLs in this post:

[1] The Hill: http://thehill.com/blogs/on-the-money/budget/327727-gop-looking-at-six-week-debt-limit-extension-to-buy-time

[2] Federal Borrowing on Pace to Hit Debt Limit in Less Than Week: http://www.prisonplanet.com/federal-borrowing-on-pace-to-hit-debt-limit-in-less-than-week.html

[3] U.S. Republicans will not pass ‘clean’ debt-limit increase: Boehner: http://www.prisonplanet.com/170408.html

[4] Senate sets Christmas eve vote on U.S. debt limit: http://www.prisonplanet.com/senate-sets-christmas-eve-vote-on-u-s-debt-limit.html

[5] Bill Clinton Would Declare The Debt Limit Illegal: http://www.prisonplanet.com/bill-clinton-would-declare-the-debt-limit-illegal.html

[6] Steny Hoyer: The Debt Limit ‘Is Not Real’: http://www.prisonplanet.com/steny-hoyer-the-debt-limit-%e2%80%98is-not-real%e2%80%99.html

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