With compromise talks at a vituperative standstill, Senate Republicans unexpectedly offered Tuesday to hand President Barack Obama new powers to avert the first-ever government default threatened for Aug. 2.
President Barack Obama declared a debt-crisis session Thursday with congressional leaders was "very constructive" but said the parties were still far apart on deficit reduction proposals. He said he would reconvene the negotiators on Sunday.
President Barack Obama is pressing Democrats to support a higher deficit reduction proposal that could win Republican support for new tax revenue while reducing costs for major benefit programs such as Medicare and Social Security as the price to reach a deal on raising the government's debt limit.
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{
"uri": "/2011/07/26/white-house-threatens-to-veto-boehners-house-plan/",
"title": "White House threatens to veto Boehner's House plan",
"byline": "Andrew Taylor , Jim Kuhnhenn",
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"prettyDate": "July 26, 2011",
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"summary": "GOP plan could provide leverage in forcing Democrats and President Obama to cut federal benefit programs.",
"body": null
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{
"uri": "/2011/07/12/mcconnell-give-obama-new-powers-on-debt-limit/",
"title": "McConnell: Give Obama new powers on debt limit",
"byline": "Andrew Taylor , Jim Kuhnhenn",
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"prettyDate": "July 12, 2011",
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"summary": "With compromise talks at a vituperative standstill, Senate Republicans unexpectedly offered Tuesday to hand President Barack Obama new powers to avert the first-ever government default threatened for Aug. 2.",
"body": null
},
{
"uri": "/2011/07/07/obama-calls-meeting-with-leaders-constructive/",
"title": "Obama calls meeting with leaders 'constructive'",
"byline": "Andrew Taylor , Jim Kuhnhenn",
"kicker": "",
"prettyDate": "July 07, 2011",
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"summary": "President Barack Obama declared a debt-crisis session Thursday with congressional leaders was \"very constructive\" but said the parties were still far apart on deficit reduction proposals. He said he would reconvene the negotiators on Sunday.",
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},
{
"uri": "/2011/07/07/lawmakers-visit-white-house-for-budget-talks/",
"title": "Lawmakers visit White House for budget talks",
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"summary": "President Barack Obama is pressing Democrats to support a higher deficit reduction proposal that could win Republican support for new tax revenue while reducing costs for major benefit programs such as Medicare and Social Security as the price to reach a deal on raising the government's debt limit.",
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}
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