White House Open to Extra Days If Debt Deal Agreed

Sunday, 31 Jul 2011 11:49 AM

 

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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.

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