House GOP to Avoid Debt Default with Short-Term Deal

Thu Oct 10, 2013 AT 6:00 AM EDT

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 Obama Thursday. Details of the short-term debt ceiling increase remain to be worked out, but the basic idea is to delay the debt ceiling for up to six weeks and create a framework for negotiations over long-term budget items like Medicare, Medicaid, and Social Security.

E-Mail Alerts

Signup now and recieve free E-mail Alerts
from Reagan Reports for America.
Email :
Zip Code:
Your e-mail address and personal information is
confidential as stated in our Privacy Policy.

Past Archives

Reagan Reports for America © Michael Reagan. All Rights Reserved.