BREAKING NATIONAL NEWS — Backing down, House GOP offers 3-month debt extension
By Peninsula Daily News, via New York Times News Service
Print This | Email This
IT'S FESTIVAL TIME! Juan de Fuca Festival brings world-class performers to Port Angeles today through Monday (Kids 12 and under get in free) -- 5/25/13 -01:21 PM
Juan de Fuca Festival workshops take patrons beyond music -- 5/25/13 -01:17 PM
Plan extra hour to drive around fallen I-5 bridge over Skagit River -- 5/25/13 -12:49 PM
I-5 bridge collapse survivor — 'The water was just flooding in' -- 5/25/13 -12:44 PM
Brinnon ShrimpFest returns at new location, but with same popular belt-sander races -- 5/23/13 -06:35 PM
The agreement, reached in closed-door negotiations at a party retreat in Williamsburg, Va., was a tactical retreat for House Republicans, who were increasingly isolated in their refusal to lift the debt ceiling.
Speaker John A. Boehner of Ohio had previously said he would raise it only if paired with immediate spending cuts of equivalent value.
The decision by Republicans seemed to significantly reduce the threat of a federal government default in coming weeks and was welcomed by Senate Democrats. The House will consider the plan next week.
READ MORE: http://www.nytimes.com?emc=na
Last modified: January 18. 2013 11:14AM