House GOP ready to raise debt limit for three months

[BAMAPHIN 22]

House Republicans said Friday they intend to extend the nation's borrowing authority for three months, but will not agree to a long-term increase on the debt limit until both chambers of Congress approve a budget.
President Obama's spokesman, Jay Carney, said the White House is "encouraged" and repeated a call for an increase in the nation's borrowing authority without any restrictions.
A three-month extension would ensure the federal government does not default on its obligations. Treasury Secretary Timothy Geithner told Congress the nation will reach its debt limit sometime between mid-February and early March.
A vote on the temporary debt limit extension will take place next week, the Associated Press reports.

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[TruthBeTold]

They should make mandatory that the extended unemployment benefits revert back to only 26 weeks as part of any agreement on debt expansion. After 26 weeks it needs to be called welfare again. If people have any pride they will get off their lazy asses and start filling jobs again otherwise we need to call them out. To some it may not matter but others it will that have any pride still.

[jared81]

They should make mandatory that the extended unemployment benefits revert back to only 26 weeks as part of any agreement on debt expansion. After 26 weeks it needs to be called welfare again. If people have any pride they will get off their lazy asses and start filling jobs again otherwise we need to call them out. To some it may not matter but others it will that have any pride still.

they don't have any pride. That's what the democrat party is for.

[MoFinz]

Kick the can....kick the can......nothing to see here but the same ole same ole