House Republicans are expected to approve a short-term deal to avoid a debt default, potentially as early as this Friday, reports the National Journal. The revelation comes the same day that President Obama convened a series of meetings with both Democrats and Republicans in the White House. Eighteen House Republicans are scheduled to meet with […]

President Obama promised Tuesday to discuss ObamaCare and spending policy with Republicans, but only if they pass legislation to raise the debt ceiling and fund the federal government, reports The Hill. Speaker John Boehner, however, rejected the offer, calling it an offer of “unconditional surrender” for Republicans and, and stating, “That’s not the way Americ […]

A top advisor to President Obama indicated he would sign a bill to temporarily increase the federal debt limit to give Republicans and Democrats more time to reach agreement for a long-term fix, reports the Wall Street Journal. Speaker Boehner took to the House floor to warn President Obama that he was putting the nation’s […]

House Speaker John Boehner warned President Obama Sunday that he would not bring up bills to fund the federal government or increase the debt ceiling until President Obama and Senate Democrats agreed to negotiate on large-scale spending reforms, reports the Wall Street Journal. Treasury Secretary Jack Lew, warned in response that Congress was “playing with […]

Speaker John Boehner has told Republicans colleagues that he will not allow a debt default by the federal government, and is willing to waive the so-called Hastert Rule, to ensure the federal governments pays its debts on time, reports the New York Times. The Treasury Department warned a debt default could be worse than the […]