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House GOP Leaders Seek Short-Term Debt Extension [VIDEO]

 House Speaker John Boehner told Republican lawmakers Thursday he will give President Barack Obama a proposal extending the government's ability to borrow money through Nov. 22 — but only if he agrees to negotiate over ending the partial government shutdown and a longer-term increase in the debt ceiling.

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U.S. Capitol
Chris Maddaloni, Getty Images
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GOP Considers Short-Term Debt Limit Hike

House Republican leaders are considering a short-term increase in the U.S. debt limit as a possible way to break the gridlock that threatens the nation with an unprecedented default in as little as a week, officials said Wednesday night.

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Protesters seeking continued funding for the Washington, DC government gather in front of the U.S. Capitol
Protesters seeking continued funding for the Washington, DC government gather in front of the U.S. Capitol (Win McNamee/Getty Images)
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House Passes Bill To Restore Death Benefits

The Republican-led House has passed legislation to restore death benefits to the families of fallen U.S. soldiers halted by the government shutdown.

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The White House
The White House ( Mark Wilson/Getty Images)
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Obama Invites House Democrats To The White House [VIDEO]

President Barack Obama is having House Democrats to the White House as a showdown over the budget extends into its ninth day.

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President Barack Obama speaks during a press conference in the Brady Press Briefing Room of the White House
President Barack Obama speaks during a press conference in the Brady Press Briefing Room of the White House (Alex Wong/Getty Images)
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No Signs Of Compromise In Washington D.C.

Republicans and Democrats have made no significant progress is getting federal employees back to work and raising the debt limit.

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President Barack Obama speaks during a press conference in the Brady Press Briefing Room of the White House
President Barack Obama speaks during a press conference in the Brady Press Briefing Room of the White House (Chip Somodevilla/Getty Images)
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Obama Urges Boehner To Hold Vote To Reopen Gov’t [VIDEO]

President Barack Obama and House Speaker John Boehner offered hints of possible compromise but also traded heated rhetoric Tuesday, a frustratingly inconclusive combination that left the eight-day partial government shutdown firmly in place and the threat of an unprecedented national default drawing closer.

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House Speaker John Boehner (R-OH) walks away after speaking to the media
House Speaker John Boehner (R-OH) walks away after speaking to the media (Mark Wilson/Getty Images)
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Boehner Says No ‘Lines In The Sand’ On Debt Limit [VIDEO]

 House Speaker John Boehner says he is willing to negotiate budget issues with President Barack Obama without any conditions.

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Category: Articles Tags: ,
U.S. Minority Leader Senator Mitch McConnell (R-KY) walks towards the Senate Chamber with Secretary of the Minority Laura Dove
U.S. Minority Leader Senator Mitch McConnell (R-KY) walks towards the Senate Chamber with Secretary of the Minority Laura Dove ( Alex Wong/Getty Images)
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Senate Dems To Try Passing Debt Ceiling Increase

Democrats controlling the Senate are planning to try to pass a stand-alone measure to increase the government's borrowing cap, challenging Republicans to a filibuster showdown that could unnerve financial markets as the deadline to a first-ever default on U.S. obligations draws closer.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Will The Country Run Out of Money to Pay Bills? [AUDIO]

As the government shutdown begins its second week, a dangerous new deadline is on the horizon.

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Clouds fill the sky in front of the U.S. Capitol
Clouds fill the sky in front of the U.S. Capitol (Mark Wilson/Getty Images)
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Obama May Be Open To Short-Term Debt Ceiling Hike [VIDEO]

A senior Obama economic adviser is suggesting that the White House would be open to a short-term increase in the nation's borrowing authority.

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