White House Open to Extra Days If Debt Deal Agreed

Sunday, 31 Jul 2011 11:49 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON — The White House remains open to raising the debt limit for a few extra days if lawmakers reach a deal and need time for it to clear Congress, a White House official said Sunday.

Republicans and President Barack Obama's Democrats are negotiating an agreement to raise the $14.3 trillion debt limit by Tuesday to avoid a default, but time is running short.

Even with a deal, it may take a few days for procedural roadblocks to be cleared and for a bill to reach Obama's desk for signature.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Ex-UN Ambassador Wallace: US Should Just Say It - We're at War

Monday, 22 Sep 2014 19:55 PM

The United States should stop going out of its way to avoid calling the military initiative against the Islamic State (I . . .

Google Chairman Says Climate Change Group 'Lying,' Pulls Funding

Monday, 22 Sep 2014 19:30 PM

Google Inc. Chairman Eric Schmidt said the world's biggest Internet search company made a mistake in funding a political . . .

US Cracks Down on Companies Moving Overseas to Avoid Taxes

Monday, 22 Sep 2014 18:48 PM

The Obama administration cracked down Monday on so-called tax inversions, aiming to curb a spate of American companies s . . .

Most Commented

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