Obama: Debt Parley Constructive, to Meet Again Sunday

Thursday, 07 Jul 2011 01:17 PM

 

Share:
A    A   |
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink

WASHINGTON — President Barack Obama says lawmakers of both parties agree on the importance of raising the debt limit by Aug. 2, and he will reconvene them Sunday to get down to the hard bargaining necessary to get a deal done.

Obama spoke at the White House Thursday after meeting with the top eight Republican and Democratic lawmakers in the House of Representatives and the Senate.

He said it was a constructive and frank meeting and the leaders brought a spirit of compromise and of wanting to solve problems on behalf of the American people. But he said the parties are still far apart on a wide range of issues.

Officials are seeking to cut trillions from the deficit to reach agreement on raising the nation's borrowing limit or face unprecedented default.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Christian Leaders Call for Ending Drug War, Mass Incarceration

Thursday, 17 Apr 2014 11:39 AM

As the Easter holiday approaches, several Christian leaders called for the United States to end the war on drugs and mas . . .

UK Politician Liam Fox: Pulitzers for Snowden's Betrayal 'Bizarre'

Thursday, 17 Apr 2014 11:28 AM

The Pulitzer Prizes for journalism awarded to newspapers for publishing Edward Snowden's revelations of mass U.S. intell . . .

Chelsea Clinton May Be Key to Hillary's Success in 2016

Thursday, 17 Apr 2014 11:24 AM

Chelsea Clinton has helped revamp the Clinton Global Initiative into a more effective and efficient charitable organizat . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved