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

Australia Knights Prince Philip, Sparking National Outrage

Abbott's surprise reintroduction of knights and dames in the country's honors system last year drew criticism that he was out of touch with national sentiment More

SAG Award Boosts 'Birdman' Oscar Hopes

Individual acting Oscars appear to be sewn up: SAG awards went to artists who won Golden Globes: Julianne Moore, Eddie Redmayne, Patricia Arquette, J.K. Simmons More

Katy Perry Lights Way for Super Bowl's Girl Power Moment

Pop star's selection to headline US football championship's halftime show extends NFL's trend of selecting artists who appeal to younger viewers 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.
Zoo Animals Show Their Artistic Sidesi
X
June Soh
January 23, 2015 10:03 PM
The pursuit of happiness is so important, America's founding fathers put it in the Declaration of Independence. Any zookeeper will tell you animals need enrichment, just like humans do. So painting, even music are part of the Smithsonian National Zoo's program to keep the animals happy. Faith Lapidus narrates a report from VOA’s June Soh.
Video

Video Zoo Animals Show Their Artistic Sides

The pursuit of happiness is so important, America's founding fathers put it in the Declaration of Independence. Any zookeeper will tell you animals need enrichment, just like humans do. So painting, even music are part of the Smithsonian National Zoo's program to keep the animals happy. Faith Lapidus narrates a report from VOA’s June Soh.
Video

Video Progress, Some Areas of Disagreement in Cuba Talks

U.S. and Cuban officials are reporting progress from initial talks in Havana on re-establishing diplomatic ties. U.S. Assistant Secretary of State (for Western Hemisphere Affairs) Roberta Jacobson said while there was agreement on a broad range of issues, there also are some “profound disagreements” between Washington and Havana. VOA State Department correspondent Pam Dockins has the story.
Video

Video Worldwide Photo Workshops Empower Youth

Last September, 20 young adults from South Sudan took part in a National Geographic Photo Camp. They are among hundreds of students from around the world who have learned how to use a camera to tell the stories of the people in their communities through the powerful medium of photography. Three camp participants talked about their experiences recently on a visit to Washington. VOA’s Julie Taboh reports.
Video

Video US, Japan Offer Lessons as Eurozone Launches Huge Stimulus

The Euro currency has fallen sharply after the European Central Bank announced a bigger-than-expected $67 billion-a-month quantitative easing program Thursday - commonly seen as a form of printing new money. Henry Ridgwell reports for VOA from London on whether the move might rescue the eurozone economy -- and what lessons have been learned from similar programs around the world.
Video

Video Nigerian Elections Pose Concern of Potential Conflict in 'Middle Belt'

Nigeria’s north-central state of Kaduna has long been the site of fighting between Muslims and Christians as well as between people of different ethnic groups. As the February elections approach, community and religious leaders are making plans they hope will keep the streets calm after results are announced. Chris Stein reports from the state capital, Kaduna.
Video

Video As Viewership Drops, Obama Puts His Message on YouTube

Ratings reports show President Obama’s State of the Union address this week drew the lowest number of viewers for this annual speech in 15 years. White House officials anticipated this, and the president has decided to take a non-traditional approach to getting his message out. VOA White House correspondent Luis Ramirez reports.
Video

Video S. Korean Businesses Want to End Trade Restrictions With North

Business leaders in South Korea are calling for President Park Geun-hye to ease trade restrictions with North Korea that were put in place in 2010 after the sinking of a South Korean warship.Pro-business groups argue that expanding trade and investment is not only good for business, it is also good for long-term regional peace and security. VOA’s Brian Padden reports.
Video

Video US Marching Bands Grow Into a Show of Their Own

The 2014 Super Bowl halftime show was the most-watched in history - attracting an estimated 115 million viewers. That event featured pop star Bruno Mars. But the halftime show tradition started with marching bands, which still dominate the entertainment at U.S. high school and college American football games. But as Enming Liu reports in this story narrated by Adrianna Zhang, marching bands have grown into a show of their own.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid