Saturday, July 30, 2011

U.S. Leaders Try To Find Compromise On Debt-Limit Deal

Erica Werner

After weeks of intense partisanship, the White House and congressional leaders made a desperate, last-minute stab at compromise Saturday to avoid a government default threatened for early next week. “There is very little time,” declared President Barack Obama.
Obama met with top Democrats at the White House and spoke by phone with Senate Republican leader Mitch McConnell. “He needs to indicate what he will sign, and we are in those discussions,” McConnell said of the president. He added he had also spoken with Vice President Joe Biden, who played a prominent role in earlier attempts to break the gridlock that has pushed the country to the verge of an unprecedented default. “We have until midnight,” said Reid before . . . . . . . . .

No comments:

Post a Comment

Everyone is encouraged to participate with civilized comments.