John Boehner

Hope for resolution of fiscal crisis shifts to Senate

Hope for resolution of fiscal crisis shifts to Senate

The focus of efforts to end the government shutdown and prevent a U.S. default shifted to the Senate on Saturday, where leaders were in talks aimed at resolving the twin stalemates. Word of the negotiations between Senate Majority Leader Harry Reid, D-Nev., and the top Republican, Sen. Mitch McConnell of Kentucky, emerged as the Senate, […]

Hopes for a deal to end debt, budget crisis stall on Capitol Hill

Hopes for a deal to end debt, budget crisis stall on Capitol Hill

Hopes for a resolution of Washington’s fiscal crisis in the next day or two faded on Capitol Hill on Saturday, as President Barack Obama’s efforts to reach a deal with Republicans in the House of Representatives sputtered. The focus has now shifted to Senate Republicans’ ideas for reopening the government and raising the government’s borrowing […]

As talks between Obama and House stall, Senate works on a plan

As talks between Obama and House stall, Senate works on a plan

With talks having stalled between the White House and House Republicans, a bipartisan group in the Senate is polishing a measure that would reopen the government and prevent a first-ever default on the country’s bills. The negotiations in the Senate come as the chamber meets in a rare Saturday session to vote on a Democratic […]

House GOP offers new plan to reopen government, avoid default

House GOP offers new plan to reopen government, avoid default

House Republicans are offering to pass legislation to avert a default and end the 11-day partial government shutdown as part of a framework that would include cuts in benefit programs, officials said Friday. Republicans also seek changes in the three-year-old health care law known as Obamacare as part of an end to an impasse that […]

Obama, Republicans start to talk about ways to end budget standoff

Obama, Republicans start to talk about ways to end budget standoff

After weeks of ultimatums, President Barack Obama and House Republicans are exploring whether they can end a budget standoff that has triggered a partial government shutdown and edged Washington to the verge of a historic, economy-jarring federal default. The two sides continued discussions into the night Thursday after Obama and top administration officials met for […]

Efforts to avoid default on debt torpedoed by Senate Democrats

Efforts to avoid default on debt torpedoed by Senate Democrats

Urgent efforts to prevent an economy-tanking U.S. default rose and then retreated with astonishing speed Thursday, as House Republicans floated a compromise and the White House appeared amenable, only for Senate Democrats to declare it unacceptable. “Not going to happen,” declared Majority Leader Harry Reid, standing outside the White House after he and fellow Democrats […]

White House calls GOP debt limit extension offer ‘encouraging’

White House calls GOP debt limit extension offer ‘encouraging’

The White House says House Speaker John Boehner‘s proposal for a short-term deal to increase the nation’s borrowing limit is an “encouraging sign.” Spokesman Jay Carney says President Barack Obama prefers a longer agreement to lift the debt ceiling and wants Republicans to pass a spending bill to reopen the federal government. But he did […]

Boehner offers six week extension on debt limit, but…

Boehner offers six week extension on debt limit, but…

Facing a fresh deadline, House Speaker John Boehner said Thursday that Republicans would vote to extend the government’s ability to borrow money for six weeks — but only if President Barack Obama first agrees to fresh negotiations on spending cuts. Under the Republican plan, the partial government shutdown would continue. Obama has insisted the debt […]

Obama hoping to reach solution with Republicans on shutdown

Obama hoping to reach solution with Republicans on shutdown

President Barack Obama is hosting top House Republicans to seek an opening in an impasse that has shuttered much of the government and threatens a catastrophic federal default. The White House meeting, set for Thursday, comes as House GOP leaders are contemplating advancing a short-term debt limit increase designed to calm jittery stock and bond […]

Republicans considering short-term debt limit increase

Republicans considering short-term debt limit increase

House Republican leaders are considering a short-term increase in the U.S. debt limit as a possible way to break out of the gridlock that threatens the nation with an unprecedented default in as little as a week, officials said Wednesday night. There now is far less urgency on Capitol Hill about ending the government shutdown, […]

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