Arab Today, arab today obama i refuse debtceiling crisis replay
Last Updated : GMT 04:05:52
Arab Today, arab today
Arab Today, arab today

Obama: I refuse debt-ceiling crisis replay

Arab Today, arab today

Arab Today, arab today Obama: I refuse debt-ceiling crisis replay

Washington - UPI

President Barack Obama told congressional leaders he would not allow a replay of last summer\'s debt-ceiling fight that nearly put the United States in default. Over hoagie sandwiches at the White House, Obama called the political deadlock last July \"simply not acceptable\" and said he expected a \"serious bipartisan approach\" to tackling the budget and growing federal deficit this year, White House spokesman Jay Carney said. The debt-ceiling battle had been widely expected to begin after the November elections, when the country will again need to raise the borrowing limit. But House Speaker John Boehner, R-Ohio -- who clashed with Obama over the debt ceiling last summer -- told an audience Tuesday Obama lacked the \"courage\" needed to reduce the nation\'s deficit. Boehner stood by his position at Wednesday\'s White House meeting, telling Obama, \"as long as I\'m around here, I\'m not going to allow a debt-ceiling increase without doing something serious about the debt,\" an aide said. Obama had told those at the meeting he intended to ask Congress to raise the debt ceiling without offsetting the increase dollar for dollar. The U.S. debt is expected to hit its current limit of $16.4 trillion in January. After last summer\'s dramatic standoff -- which ended with Obama signing the Budget Control Act Aug. 2, the date the U.S. Treasury Department estimated the U.S. borrowing authority would be exhausted -- the Standard & Poor\'s credit-rating agency downgraded the U.S. government\'s credit rating for the first time in the country\'s history. Financial markets around the world then experienced their most volatile week since the 2008 financial crisis, with the Dow Jones industrial average plunging 635 points, or 5.6 percent, in one day. \"You have to ask the speaker of the House whether or not he intends or he believes that it is the right thing to do for the American people, the American economy, to play chicken with the full faith and credit of the United States government.\" Carney told reporters Wednesday. House Minority Leader Nancy Pelosi, D-Calif., Senate Majority Leader Harry Reid, D-Nev., and Senate Minority Leader Mitch McConnell, R-Ky., were also at the meeting, which was supposed to be about Obama\'s wish for Congress to act on proposals he said would immediately spur the economy.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama i refuse debtceiling crisis replay Arab Today, arab today obama i refuse debtceiling crisis replay

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama i refuse debtceiling crisis replay Arab Today, arab today obama i refuse debtceiling crisis replay

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday