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

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