News / USA

House Republicans Offer Temporary Extension of the Debt Limit

House Speaker John Boehner of Ohio speaks during a news conference on Capitol Hill in Washington on Oct. 10, 2013, following a meeting of House Republicans.
House Speaker John Boehner of Ohio speaks during a news conference on Capitol Hill in Washington on Oct. 10, 2013, following a meeting of House Republicans.
Cindy Saine
The Speaker of the U.S. House of Representatives, John Boehner, says his Republican caucus has agreed to a short term extension of the federal debt ceiling, to avert a possible default next week. The political impasse has kept large parts of the U.S. government shut down for 10 days.

Before a White House meeting with Democrat President Barack Obama, Republican congressmen met at the U.S. Capitol.

House of Representatives Speaker John Boehner emerged with an announcement that caused the U.S. stock market to surge even before he said it, as reports began to leak out from the meeting.

“So what we want to do is to offer the president today the ability to move, a “budget in exchange for his willingness to sit down and discuss with us a way forward to re-open the government and to start to deal with America’s pressing problems," said Boehner.   

In a statement released just before Boehner’s remarks, the White House said the president is willing to look at any proposals to end what he termed “manufactured crises”, but would prefer a one-year extension with no political strings attached.  

During the past two weeks, President Obama has repeatedly called on the Republican-led House to pass a measure to fund the entire federal government.  Speaker Boehner has called for the president to sit down and negotiate with Republicans before the House takes action.

Boehner said this is a chance to move forward.

“And I would hope that the president would look at this as an opportunity and a good faith effort on our part to move halfway, halfway to what he has demanded in order to have these conversations begin," said Boehner.

It is not clear if the president will view the announcement as an effort by Republicans to move “halfway” or just away from the brink of default.   After meeting with the president Wednesday, House Democrats, including their number two leader Steny Hoyer,  made clear they would prefer a longer term extension of the debt ceiling.   

“Democrats are prepared to make sure that the government pays its bills," said Hoyer. "But good policy, good economics and building confidence for the American people would be extending it for a substantial period of time so the markets will have the confidence of where we are going to be next week, next month and next year.”

Republican congressional aides said the proposal offered by Boehner would extend the debt ceiling until November 22nd, with no conditions attached.

You May Like

Obama: I Will Do 'Everything I Can' to Close Guantanamo

US president says prison continues 'to inspire jihadists and extremists around the world' More

Sierra Leone Educates on Safe Ebola Burials

Also, country is improving at rapid response to isolated outbreaks, but health workers need to be even faster, officials say More

Religion Aside, Christmas Gains Popularity in Communist Vietnam

Increasingly wealthy Vietnamese embrace holiday due to its non-religious glamor, commercial appeal More

This forum has been closed.
Comment Sorting
Comments
     
by: Mrs. Berry from: USA
October 10, 2013 10:37 AM
VOA=State Run Propaganda aimed at brainwashing the people into believing that "everything is ok".

Everything is OK, folks, carry on, nothing to see here, everything is OK.

In Response

by: Godwin from: Nigeria
October 10, 2013 1:25 PM
You can make out from this that the Republicans want to guide Mr. President against himself. He said he'd see to curbs in borrowing and deficits, but he sinks deep into it more than they expected from him. Now they give him a few weeks, thereafter they will give him another few weeks if still fails to make good his promise on curbing budget deficit. It is a necessary measure to help the president obey himself and keep to his campaign promise. The House Republicans are helping the president to remember his promises and not miss his mark on CHANGE, for he's been doing it business as usual, because both parties have done it over the years.

In Response

by: Chris from: USA
October 10, 2013 11:51 AM
Yes, this comment is more informative then the pathetic, "journalism" VOA pushes. The Dinosaur media is dead. Look to INDEPENDENT ALTERNATIVE NEWS, for truthful, accurate reporting, minus this propaganda vomit.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Decision on Cuba Underscores Divisions Among Miami Cubansi
X
Sharon Behn
December 19, 2014 9:34 PM
For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Three Cities Bid for Future Obama Presidential Library

President Barack Obama still has two years left in his term in office, but the effort to establish his post-presidential library is already underway. The bid for the Obama Presidential Library is down to four locations in three states -- New York, Hawaii, and Illinois. As VOA’s Kane Farabaugh reports, each of them played an important part in the president’s life before he reached the White House.
Video

Video Cuba Deal is Major Victory for Pope’s Diplomatic Initiatives

Pope Francis played a key role in brokering the US-Cuba deal that was made public earlier this week. It is the most stunning success so far in a series of peacemaking efforts by the pontiff. VOA religion reporter Jerome Socolovsky has more.
Video

Video Fears of More Political Gridlock in 2015

2014 proved to be a difficult year politically for President Barack Obama and a very good year for the U.S. Republican Party. Republican gains in the November midterm elections gave them control of the Senate and House of Representatives for the next two years -- setting the stage for more confrontation and gridlock in the final two years of the Obama presidency. VOA National Correspondent Jim Malone has a preview from Washington.
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.

All About America

AppleAndroid