US President Barack Obama says he will not negotiate with Congress over raising the country's debt ceiling.
Speaking at a year-end press conference in Washington, he praised Congress for a recent budget compromise that averted a fresh government shutdown. But he told
reporters that the debt ceiling is not something that ought to be used as leverage and he does not expect another stand-off over the issue.
He said US lawmakers should raise the federal government's borrowing cap in a timely manner.
To avoid a repeat of October's government shut down, Congress will need to approve a new deal soon. So far, they have only approved a short-term deal to fund the government through January 15th and raise the debt ceiling until February 7th.
www.benlatestnews.com
Tuesday, 7 January 2014
Home »
» Obama refuses to negotiate with Congress
Obama refuses to negotiate with Congress
03:18
No comments
Related Posts:
GTA Online Heists, Capture creator, and High Life add-on coming soonRockstar Games continues to grow GTA Online, the multiplayer portion of Grand Theft Auto V, and now we've got a sense of what to expect over the next few months. The timetable isn't any more specific than "s… Read More
First look: Kodak Alaris’ foolproof iPad app easily turns digital photos into analog printsAlthough more of us are taking and storing photos with our smartphones and tablets then uploading them online to social media websites, Kodak Alaris' new iPad app, Moments HD (Kodak Moment, ha, get it?), is all about gett… Read More
Amazon’s $99 Fire TV puts Apple, Roku on notice with voice search, open ecosystemAmazon today unveiled the FireTV, a $99 set-top box in the tradition of Roku and Apple TV that aims to tackle three main problems Amazon sees in competitors: performance, search and closed ecosystems. The box itself looks a l… Read More
Miley Cyrus concert may be hit by US sanctionsMiley Cyrus may be forced to cancel one of her Finnish showsFinnish music fans may find they miss out on planned concerts by a host of stars, including Miley Cyrus and Justin Timberlake, this summer.Both stars may be forced t… Read More
Why Kim Kardashian is tweeting about SyriaThe US television star Kim Kardashian has tweeted about the crisis in Syria describing it as "heartbreaking". Kardashian, who is of Armenian descent, urged her 20 million Twitter fans to #SaveKessab - an Armenian p… Read More
0 comments:
Post a Comment