Debt: House GOP, Senate Dems face off

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.

By David Espo | Updated on July 25, 2011

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.

Democrats countered quickly with an alternative that drew presidential backing, and Obama readied a prime-time, nationally televised speech on short notice.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account? Sign In Now

Dig Deeper

Recommended Stories

What employers should prioritize in 2023: Mental health and cost-containment

Rachel Trembley | January 26, 2023

The top two priorities for just about every employer should be keeping benefits affordable while bolstering mental health programs.

The DOL’s 2023 regulatory agenda: New rules for 401(k)s and group health plans

David Baumann | January 26, 2023

No slowdown is expected in the coming months when it comes to employer-sponsored health care and retirement plans. Here are some of the big-ticket items.

The 10 biggest benefits issues to watch in 2023

Kimberly George and Mark Walls | January 24, 2023

Two thought leaders - and hosts of Out Front Ideas webinar series - review the biggest challenges and new developments expected to impact health care, retention and employee benefits in the coming year.

Resource Center

eBook

BenefitsPro Broker ExpoEvent

BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions.

Get More Information

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Exclusive discounts on BenefitsPRO.com and ALM events.