XML FeedsArchives for: July 2011
Obama adviser: No time for 'doomsday scenarios'
By News on Jul 26, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN_OBAMA?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- The chairman of the White House Council of Economic Advisers says the continuing stalemate over extending the debt limit is no place for "doomsday scenarios," saying efforts to resolve the impasse must be the singular focus....Rival plans ensnarl Congress over debt ceiling
By News on Jul 26, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Rival Democratic and Republican plans to raise the government's borrowing ability have thrust Congress into a standoff just one week away from a potentially devastating debt crisis. President Barack Obama made a last ditch call for compromise, but House Speaker John Boehner said negotiations with the White House had been futile....Obama: Halt '3-ring-circus,' avert US default
By News on Jul 25, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- In unprecedented back-to-back appearances on nationwide television, President Barack Obama and House Speaker John Boehner clashed Monday night over the cause and cure for the nation's debt crisis. The two men spoke as Congress remained gridlocked on legislation to avert a threatened default after Aug. 2....House speaker says Obama won't get 'blank check'
By News on Jul 25, 2011
WASHINGTON (AP) -- House Speaker John Boehner says President Barack Obama wants a blank check from Congress to raise the debt ceiling, but that he's not going to get one....
Debt: House GOP, Senate Dems face off; Obama to TV
By News on Jul 25, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- In a fresh challenge to President Barack Obama, House Republicans unveiled reworked legislation Monday to avert a potentially devastating government default in barely a week - but along lines the White House has already rejected....