U.S. President Barack Obama says it is time to set aside politics and make a deal with both parties in Congress that will allow the United States to keep borrowing money, while cutting government deficits and debt. Before meeting with opposition Republicans Monday, Mr. Obama said there is “a lot of work to do” to […]
Obama: Urgent Action Needed On Debt Deal
Posted July 11th, 2011 at 12:35 pm (UTC-5)
U.S. President Barack Obama says it is time to set aside politics and make a deal with both parties in Congress that will allow the United States to keep borrowing money, while cutting government deficits and debt. At a news conference Monday in Washington, Mr. Obama said he will meet with opposition Republicans and his […]
Obama: Urgent Action Needed On Debt Deal
Posted July 11th, 2011 at 11:45 am (UTC-5)
U.S. President Barack Obama says it is time to set aside politics and make a deal with both parties in Congress that will allow the United States to keep borrowing money, while cutting government deficits and debt. At a news conference Monday in Washington, Mr. Obama said he will meet with opposition Republicans and his […]
Obama, Congressional Leaders Meet for Debt Reduction Talks
Posted July 11th, 2011 at 9:25 am (UTC-5)
U.S. President Barack Obama and opposition Republicans are scheduled to resume tense negotiations Monday over proposed budget cuts and tax increases intended to cope with trillions of dollars in debt. They face a fast-approaching August 2 deadline to reach an agreement or face an unprecedented default on U.S. debt. An unusual Sunday negotiating session between […]
Obama, Congressional Leaders Meet for Debt Reduction Talks
Posted July 11th, 2011 at 4:05 am (UTC-5)
U.S. President Barack Obama called for more budget talks Monday at the White House after having failed to reach a deal with Republicans. President Obama also will hold a news conference Monday focusing on the status of the deficit and debt negotiations. Mr. Obama met briefly Sunday with top congressional leaders at the White House […]
Obama, Congressional Leaders Meet for Debt Reduction Talks
Posted July 10th, 2011 at 8:35 pm (UTC-5)
U.S. President Barack Obama met briefly Sunday with top congressional leaders at the White House about what so far has been an elusive deal with Republicans on raising the nation’s debt ceiling. The talks lasted less than 90 minutes — much shorter than expected. No progress was reported, but all sides plan to meet again […]
Obama, Congressional Leaders Meet for Debt Reduction Talks
Posted July 10th, 2011 at 6:35 pm (UTC-5)
U.S. President Barack Obama is meeting with top congressional leaders at the White House to seek out what has so far been an elusive deal with Republicans on raising the nation’s debt ceiling. They face an August 2nd deadline before the current ceiling is reached and United States defaults on its debt for the first […]
Geithner: Obama Wants ‘Biggest Deal Possible’ on Debt
Posted July 10th, 2011 at 4:45 pm (UTC-5)
U.S. Treasury Secretary Timothy Geithner says President Barack Obama wants “the biggest deal possible” on debt reduction. Geithner spoke Sunday as the president prepared for a White House meeting with congressional leaders. President Obama has been working with top lawmakers on what has been an elusive deal with Republicans to raise the nation’s debt ceiling […]
Geithner: Obama Wants ‘Biggest Deal Possible’ on Debt
Posted July 10th, 2011 at 11:10 am (UTC-5)
U.S. Treasury Secretary Timothy Geithner says President Barack Obama wants “the biggest deal possible” on debt reduction, but Republicans have objected to a $4 trillion package sought by the White House. Geithner spoke on U.S. television Sunday, hours ahead of a scheduled meeting between the president and congressional leaders. The president has been working with […]
Obama, Congressional Leaders Meet Sunday on Debt Reduction
Posted July 10th, 2011 at 6:20 am (UTC-5)
President Barack Obama will host congressional leaders at the White House Sunday for a pivotal debt reduction summit. The White House released a statement late Saturday saying if Republicans and Democrats fail to meet the fiscal challenge they will confirm the cynicism people have about politics in Washington. The Speaker of the U.S. House of […]
