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
Recent Headlines
EPA proposes to put old dump near Neah Bay on federal Superfund cleanup list -- 5/21/13 -11:44 AM
FOUR DAYS OF arts and music comes to Port Angeles — buy your tickets now! (And . . . FREE pre-festival show Thursday) -- 5/20/13 -09:47 PM
Hip-hop to Port Angeles: A free warm-up for Juan de Fuca Festival of the Arts -- 5/20/13 -09:45 PM
10 to receive Jefferson County Heart of Service award today -- 5/20/13 -09:38 PM
1 killed, 5 hurt in construction zone on U.S. 101 -- 5/20/13 -06:20 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
To report a comment, email moderator@peninsuladailynews.com and refer to the article and offending comment, or click here: REPORT ABUSE.
Peninsuladailynews.com comments are subject to the Peninsuladailynews.com User Policy.