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

UN: 1 Million Somalis at Risk of Hunger

Group warns region is in dire need of humanitarian aid, with at least 200,000 children under age of five acutely malnourished as drought hits southern, central part of nation More

Human Rights Groups Allege Supression of Freedoms in Thailand

Thailand’s military, police have suppressed release of independent report assessing human rights in kingdom during first 100 days of latest coup More

Jennifer Lawrence Contacts FBI After Nude Photos Hacked

'Silver Linings Playbook' actress' photos were posted on image-sharing forum 4chan; Federal Bureau of Investigations is looking into matter 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.
Ukraine Schools Resume Classes, Donate to Government Forcesi
X
September 02, 2014 12:58 PM
A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video Ukraine Schools Resume Classes, Donate to Government Forces

A new school year has started in Ukraine but thousands of children in the war-torn east are unable to attend because of ongoing clashes with pro-Russia rebels. In Ukraine's capital, patriotic education has become the norm along with donations to support injured security forces fighting to take back rebel-held areas. VOA's Daniel Schearf reports from Kyiv.
Video

Video US Detainees Want Negotiators for Freedom in North Korea

The three U.S. detainees held in North Korea were permitted to speak with foreign media Monday. The government of Kim Jong Un restricted the topics of the questions, and the interviews in Pyongyang were limited to five minutes. Each of the men asked Washington to send a representative to Pyongyang to secure his release. VOA’s Carolyn Presutti has our story.
Video

Video Internet, Technology Offer New Tools for Journalists

The Internet and rapidly evolving technology is quickly changing how people receive news and how journalists deliver it. There are now more ways to tell a story than ever before. One school in Los Angeles is teaching the next generation of journalists with the help of a state-of-the-art newsroom. Elizabeth Lee has this report.
Video

Video Turkmen From Amerli Describe Survival of IS Siege

Over the past few weeks, hundreds of Shi'ite Turkmen have fled the town of Amerli seeking refuge in the northern city of Kirkuk. Despite recent military gains after U.S. airstrikes that were coordinated with Iraqi and Kurdish forces, the situation remains dire for Amerli’s residents. Sebastian Meyer went to Kirkuk for VOA to speak to those who managed to escape.
Video

Video West Africa Ebola Vaccine Trials Possible by Early 2015

A U.S. health agency is speeding up clinical trials of a possible vaccine against the deadly Ebola virus that so far has killed more than 1,500 people in West Africa. If successful, the next step would be a larger trial in countries where the outbreak is occurring. VOA's Carol Pearson has more.
Video

Video Survivors Commemorate 70th Anniversary of Nazi Liquidation of Jewish Ghetto

When the German Nazi army occupied the Polish city of Lodz in 1939, it marked the beginning of a long nightmare for the Jewish community that once made up one third of the population. Roughly 200,000 people were forced into the Lodz Ghetto. Less than 7,000 survived. As VOA’s Kane Farabaugh reports, some survivors gathered at the Union League Club in Chicago on the 70th anniversary of the liquidation of the Lodz Ghetto to remember those who suffered at the hands of the Nazi regime.
Video

Video Cost to Raise Child in US Continues to Rise

The cost of raising a child in the United States continues to rise. In its latest annual report, the U.S. Department of Agriculture says middle income families with a child born in 2013 can expect to spend more than $240,000 before that child turns 18. And sending that child to college more than doubles that amount. VOA’s Deborah Block visited with a couple with one child in Alexandria, Virginia, to learn if the report reflects their lifestyle.
Video

Video Chaotic Afghan Vote Recount Threatens Nation’s Future

Afghanistan’s troubled presidential election continues to be rocked by turmoil as an audit of the ballots drags on. The U.N. says the recount will not be completed before September 10. Observers say repeated disputes and delays are threatening the orderly transfer of power and could have dangerous consequences. VOA correspondent Meredith Buel reports.

AppleAndroid