PDA

View Full Version : Republicans Drop Keystone, Insurance Demand on Debt Limit



Cigar
02-05-2014, 01:10 PM
House Republican leaders are giving up efforts to couple a U.S. debt-limit increase with provisions backing the Keystone XL pipeline or repealing an insurance-risk provision in Obamacare, two party leadership aides said.

House leaders lack enough Republican support for either option, and they are looking at other possible conditions to attach to an increase in the debt limit, said the aides, who spoke on condition of anonymity to discuss private talks.


A suspension of the federal debt limit, enacted by Congress in October, is scheduled to expire Feb. 7. Treasury Secretary Jacob J. Lew has urged Congress to act quickly to raise the cap, saying the government’s ability to meet its obligations will run out before the end of this month.

Republicans so far have been unable to garner enough support for a bill that would seek to extract spending or policy concessions in exchange for raising the cap. Democrats say they won’t accept added conditions to a debt-limit boost.


http://www.bloomberg.com/news/2014-02-04/house-republicans-undecided-on-u-s-debt-limit-proposal.html

http://headfirstfootball.files.wordpress.com/2012/12/crying-wolf.jpeg