Contact Us
Make My Homepage

GOP Moves to Delay Debt-Ceiling Showdown

Republicans controlling the House are moving quickly to try to defuse a potential debt crisis. They’re offering legislation to prevent a first-ever default on U.S. obligations for three months or more.

Congress
Dave Huss, Getty Images

The Republicans are giving up for now on trying to extract spending cuts from Democrats in return for an increase in the government’s borrowing cap. The respite promises to be only temporary, with the stage still set for major battles between the GOP and President Barack Obama.

The first step comes with a House vote on legislation that will give the government enough borrowing leeway to meet three months’ worth of obligations. That will delay a showdown that Republicans fear they would lose.

The legislation is disliked by Democrats, but the administration says it won’t oppose it.

 

(Copyright 2013 by The Associated Press. All Rights Reserved.)

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Never Miss the Latest News from New Jersey 101.5