Tags:

Debt Compromise Ingredients "pretty Clear"-W.House

Thursday, 28 Jul 2011 11:33 AM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

WASHINGTON (Reuters) - The White House said Thursday that it was "pretty clear" what ingredients needed to be present in a compromise to lift the U.S. debt ceiling and reduce the deficit.

White House press secretary Jay Carney said a successful compromise must significantly cut spending, install a mechanism to tackle tax reform and entitlement spending in the future, and lift the debt ceiling through next year.

(Reporting by Tabassum Zakaria, Laura MacInnis and Alister Bull, Editing by Vicki Allen)

© 2014 Thomson/Reuters. All rights reserved.

  Comment  |
   Contact  |
  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.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

US Mission in Havana to Become Embassy

Saturday, 27 Dec 2014 21:11 PM

A half-century after Washington severed relations with Cuba, the United States' seven-story mission looms over Havana's  . . .

Yes-We-Can President Faces Twilight of Maybes

Saturday, 27 Dec 2014 17:43 PM

It was supposed to be a joke. "Are you still president?" comedian Stephen Colbert asked Barack Obama earlier this month. . . .

Report: North Korea Blackmailed Politicians, Journalists

Saturday, 27 Dec 2014 17:26 PM

In an elaborate scheme dating back to the father of North Korean leader Kim Jong Un, the government has blackmailed poss . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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