U.S. President Barack Obama and members of Congress continue the search Thursday for a compromise on how to raise the country’s debt limit, as an August 2 deadline approaches to avoid a potentially catstrophic default. President Obama says he is not giving up hope for what he calls a “grand bargain” to raise the country’s […]
President, Lawmakers Continue US Debt Talks
Posted July 21st, 2011 at 7:35 am (UTC-5)
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Obama Optimistic ‘Grand Bargain’ on Debt Can Be Done
Posted July 20th, 2011 at 8:25 pm (UTC-5)
U.S. President Barack Obama says he is not giving up hope for what he calls a “grand bargain” to raise the country’s borrowing limit, while also slashing the nation’s debt. White House spokesman Jay Carney said Wednesday there is still time for Republicans and Democrats to reach an agreement. Less than two weeks remain before […]
Obama Optimistic ‘Grand Bargain’ on Debt Can Be Done
Posted July 20th, 2011 at 6:05 pm (UTC-5)
U.S. President Barack Obama says he is not giving up hope for what he calls a “grand bargain” to raise the country’s borrowing limit while also slashing the nation’s debt. White House spokesman Jay Carney told reporters Wednesday there is still time for Republicans and Democrats to reach an agreement, saying it “just requires a […]
Obama Optimistic ‘Grand Bargain’ on Debt Can Be Done
Posted July 20th, 2011 at 5:15 pm (UTC-5)
U.S. President Barack Obama is not giving up hope for a “grand bargain” to raise the country’s borrowing limit while also slashing the nation’s debt. White House spokesman Jay Carney told reporters Wednesday there Is still time for Republicans and Democrats to reach an agreement, saying it “just requires a willingness to be reasonable.” The […]
Obama Optimistic ‘Grand Bargain’ on Debt Can Be Done
Posted July 20th, 2011 at 4:00 pm (UTC-5)
U.S. President Barack Obama is not giving up hope for a “grand bargain” to raise the country’s borrowing limit while also slashing the nation’s debt. White House spokesman Jay Carney told reporters Wednesday there was still time for Republican and Democrats to reach an agreement, saying it “just requires a willingness to be reasonable.” The […]
Obama Optimistic ‘Grand Bargain’ on Debt Can Be Done
Posted July 20th, 2011 at 2:10 pm (UTC-5)
U.S. President Barack Obama is not giving up hope for a “grand bargain” to raise the country’s borrowing limit while also slashing the nation’s debt. White House spokesman Jay Carney told reporters Tuesday there was still time for Republican and Democrats to reach an agreement, saying it “just requires a willingness to be reasonable.” The […]
Obama Says “Gang of Six” Plan is Balanced Approach to Deficit Reduction
Posted July 20th, 2011 at 4:00 am (UTC-5)
U.S. President Barack Obama is urging Republican and Democratic lawmakers to continue searching Wednesday for a last-minute compromise on a budget deal tied to raising the nation’s borrowing limit. A possible breakthrough emerged on Tuesday when a bipartisan group of senators known as the “Group of Six” unveiled a deficit reduction plan that calls for […]
Obama: No More Time ‘to Posture’ on US Debt
Posted July 19th, 2011 at 9:10 pm (UTC-5)
The Republican-led U.S. House of Representatives has approved a plan to cut more than $100 billion from the federal budget next year, in exchange for raising the country’s borrowing limit. By a mostly partisan vote, the so-called Cut, Cap and Balance Act was approved Tuesday night. It would cut non-defense federal spending, limit future spending […]
Obama: No More Time ‘to Posture’ on US Debt
Posted July 19th, 2011 at 2:55 pm (UTC-5)
U.S. President Barack Obama is warning Congress it is running out of time to cut the government deficit and raise the debt ceiling. Mr. Obama told reporters at the White House Tuesday lawmakers “don’t have any more time to posture.” He said failure to reach a deal on raising the country’s debt limit would soon […]
Obama: No More Time ‘to Posture’ on US Debt
Posted July 19th, 2011 at 2:05 pm (UTC-5)
U.S. President Barack Obama is warning Congress it is running out of time to cut the government deficit and raise the debt ceiling. Mr. Obama told reporters at the White House Tuesday lawmakers “don’t have any more time to posture.” He said failure to reach a deal on raising the country’s debt limit would soon […]
