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NO DEAL: Obama And Republicans Still Can’t Agree On A Debt Ceiling Solution

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Business Insider
October 11, 2013

After an hour-long meeting, President Barack Obama and Republicans failed to agree on a plan that would extend the nation’s debt limit for a six-week period.

The New York Times initially reported that Obama had rejected Republicans’ offer of a clean, six-week debt ceiling increase because it didn’t address the government shutdown.

But both the White House and House leaders took a more optimistic tone. Both sides pledged to work throughout the night to complete a deal.

“No final decisions were made; however, it was a useful and productive conversation,” House Republicans said in a joint statement.

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This article was posted: Friday, October 11, 2013 at 4:23 am

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