News / USA

Reports: Republicans Softening on Debt Limit Stance

As the federal government shutdown continues, Tory Anderson, right, with her kids Audrey, 7, and Kai, 3, of Goodyear, Ariz., join others as they rally for the Alliance of Retired Americans to end the shutdown, Oct. 9, 2013.
As the federal government shutdown continues, Tory Anderson, right, with her kids Audrey, 7, and Kai, 3, of Goodyear, Ariz., join others as they rally for the Alliance of Retired Americans to end the shutdown, Oct. 9, 2013.
VOA News
U.S. news outlets say congressional Republicans are considering a proposal to temporarily extend the government's borrowing authority in order to end a stalemate with President Barack Obama and avoid a potential default.

House Republicans are scheduled to discuss the issue early Thursday, hours before a small group will hold talks with Obama at the White House. The president invited all 232 House Republicans, but Speaker John Boehner is sending just 18 of his members, and only those with leadership posts.

Meanwhile, Treasury Secretary Jack Lew will testify before a Senate committee Thursday about the need to raise the government's $16.7 trillion debt limit by October 17, the date the administration says it will run out of money to pay all of its bills, which would lead to a downgrading the U.S. credit rating and trigger another economic crisis.

The administration is pushing back against a growing number of Republicans who have expressed skepticism about those claims.

A standoff between Republicans and President Obama over his signature health care law has led to a partial shutdown of the federal government, now in its second week.

Republicans had originally sought to either defund or delay the law in exchange for funding the government and raising the debt ceiling, and Boehner has called on Obama to hold negotiations before letting the House vote.

But the president says he will not negotiate until Congress approves the issues without any conditions.

The partial shutdown has halted numerous government services, including death benefits to the families of U.S. service members killed in combat. The public backlash prompted the House to vote unanimously Wednesday to restore the benefits. The measure now goes to the Senate.

The Pentagon has reached an agreement with a private charity to pay the benefits until funding is restored.

Countries Holding US Debt

You May Like

Scotland Vote Raises Questions of International Law

Experts say self-determination, as defined and protected by international law, confined narrowly to independence movements in process of de-colonization More

Video Whaling Summit Votes to Uphold Ban on Japan Whale Hunt

Conservationists hail ruling as a victory, but Tokyo says it will submit revised plans for a whale hunt in 2015 More

Annual Military Exercise Takes on New Meaning for Ukraine Troops

Troops from 15 nations participating in annual event, 'Rapid Trident' in western Ukraine More

This forum has been closed.
Comment Sorting
Comments
     
by: Emmett from: Amherst, MA
October 10, 2013 8:29 AM
Obama hit the nail on the head when he asked what people would think if Democrats shut down the government to force Republicans to pass gun control legislation, then whined and blamed Republicans if they refused to cave in to their blackmail or to negotiate over the details of the gun control legislation the Democrats demanded as ransom. Would you blame the Republicans for the shut down? Of course not!


by: Alvin from: Michigan
October 10, 2013 8:18 AM
tax money is continuing to roll in to the federal govt. shutting parks only takes money away from the government and all the private businesses in the nearby area. The house of representatives have every right to write one bill assigning separate bill numbers to every section of their last bill and pass it without comment or delay. In fact, the way people in washington are wiggling around usual procedure, john boehner could probably order the clerk to redo the numbering system without a vote, since every word in those bills has already been debated and passed in the house as a single unit.The national debt is an unfortunate fact of life, and will not go away until someone who thinks like me becomes president. Having to raise the debt limit gradually from time to time is a handy reminder that a naturally rich country is trying its best to go broke. You do not give a gambler unlimited credit, and you do not give a govt an unlimited debt ceiling. This fact is neccessary to keep some present or future official from stealing the funds and ruining the country

In Response

by: Scott from: Atlanta
October 12, 2013 8:31 AM
Great comment. It is irresponsible reporting to continue to report that we will default on our debt. We take in plenty of money to pay our debt. Obuma would be forced to choose what gets funded. Can anyone imagine any entity having 800,000 non-essential employees. Only stupid people spend more than they bring in. That's why most Dems have $300.00 max limit credit cards.


by: dr from: usa
October 10, 2013 8:12 AM
Republicans need to stand up on lessen the government handouts. We are a WELFARE society dependent on the government... Make the generational welfare people go out and get a job... Don't say there are no jobs McDonalds is always hiring... Stop coming up with excuses, where is the accountability?


by: NCTAXPAYER13 from: Vale NC
October 10, 2013 8:11 AM
The US Congress has 'temporarily' raising the US Debt ceiling since the 1790s. As I study the records I only see one instance when they LOWERED it, and that was SHORT Lived. Apparently 'temporarily means until the NEXT increase' because of POOR monetary policy.

In Response

by: Alvin from: Michigan
November 08, 2013 7:39 AM
Nctaxpayer13 is absolutely correct. The last time the usa had no debt and no deficit was under president andrew jackson.


by: Steve from: Albuquerque
October 10, 2013 7:55 AM
No more 0bama vacations.
No more 0bama golf.
No more 0bama frivolous spending on green crap.
No more 0bama using Air Force One for stupid 0bama campaigning!


by: hisgoodteenr from: Denver
October 10, 2013 7:44 AM
finally! GOP is softening. no more ACA on the table. thanks for your unconditional surrender.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Russian Economy Reeling After New Western Sanctionsi
X
September 18, 2014 2:28 AM
A new wave of Western sanctions is hitting Russia’s economy hard. State-owned energy firms continue to bleed profits and Russia’s national currency plunged to a new low this week after the U.S. and the European Union announced new sanctions to punish Russia's aggressive stance in eastern Ukraine. But as Mil Arcega reports, the sanctions could also prove costly for European and American companies.
Video

Video Russian Economy Reeling After New Western Sanctions

A new wave of Western sanctions is hitting Russia’s economy hard. State-owned energy firms continue to bleed profits and Russia’s national currency plunged to a new low this week after the U.S. and the European Union announced new sanctions to punish Russia's aggressive stance in eastern Ukraine. But as Mil Arcega reports, the sanctions could also prove costly for European and American companies.
Video

Video Belgian Researchers Discover Way to Block Cancer Metastasis

Cancer remains one of the deadliest diseases, despite many new methods to combat it. Modern medicine has treatments to prevent the growth of primary tumor cells. But most cancer deaths are caused by metastasis, the stage when primary tumor cells change and move to other parts of the body. A team of Belgian scientists says it has found a way to prevent that process. Zlatica Hoke has more.
Video

Video Mogadishu's Flood of Foreign Workers Leaves Somalis Out of Work

Unemployment and conflict has forced many young Somalians out of the country in search of a better life. But a newfound stability in the once-lawless nation has created hope — and jobs — which, some say, are too often being filled by foreigners. Abdulaziz Billow reports from Mogadishu.
Video

Video A Dinosaur Fit for Land and Water

Residents and tourists in Washington D.C. can now examine a life-size replica of an unusual dinosaur that lived almost a hundred million years ago in northern Africa. Scientists say studying the behemoth named Spinosaurus helps them better understand how some prehistoric animals adapted to life on land and in water. The Spinosaurus replica is on display at the National Geographic museum. VOA’s George Putic has more.
Video

Video Iraqi Kurdistan Church Helps Christian Children Cope find shelter in churches in the Kurdish capital, Irbil

In the past six weeks, tens of thousands of Iraqi Christians have been forced to flee their homes by Islamic State militants and find shelter in churches in the Kurdish capital, Irbil. Despite U.S. airstrikes in the region, the prospect of people returning home is still very low and concerns are starting to grow over the impact this is having on the displaced youth. Sebastian Meyer reports from Irbil on how one church is coping.
Video

Video NASA Picks Boeing, SpaceX to Carry Astronauts Into Space

The U.S. space agency, NASA, has chosen Boeing and SpaceX companies to build the next generation of spacecraft that will carry U.S. astronauts to the International Space Station by the year 2017. The deal with private industry enables NASA to end its dependence on Russia to send space crews into low Earth orbit and back. Zlatica Hoke has more.
Video

Video Future of Ukrainian Former President's Estate Uncertain

More than six months after Ukraine's former President Viktor Yanukovych fled revolution to Russia, authorities have yet to gain control of his palatial estate. Protesters occupy the grounds and opened it to tourists but they are also refusing to turn it over to the state. VOA's Daniel Schearf reports from Mezhigirya, just north of Kyiv.
Video

Video China Muslims Work to Change Perceptions After Knife Attacks

China says its has sentenced three men to death and one woman to life in prison for a deadly knife attack in March that left more than 30 dead and 140 injured. Beijing says Muslim militants from China's restive western region of Xinjiang carried out the attacks. Now, more than six months after the incident, residents in the city are still coping with the aftermath. VOA's Bill Ide has more from Kunming.


Carnage and mayhem are part of daily life in northern Nigeria, the result of a terror campaign by the Islamist group Boko Haram. Fears are growing that Nigeria’s government may not know how to counter it, and may be making things worse. More

AppleAndroid