Content Tagged As congressional_leaders
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'Really close' to debt deal as deadline nears
July 31, 2011 4:21 PM
WASHINGTON (AP) -- Racing to avoid a government default, President Barack Obama and Republican congressional leaders reached urgently for a compromise Sunday to permit vital borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts. Senate Republican Leader Mitch McConnell said the two sides were... more » -
Obama rejects stopgap extension on borrowing limit
July 11, 2011 6:25 PM
WASHINGTON (AP) - President Barack Obama says he would reject any stopgap extension of the nation's borrowing limit. He talked with reporters ahead of today's bargaining session with congressional leaders at the White House. That meeting lasted about 90 minutes. more »
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