House GOP Will Offer Six Week Extension To Borrowing Limit For Major Spending Reform

HOUSEGOPHouse Republican leaders Thursday told their rank and file that they plan to offer President Obama a plan to temporarily raise the nation’s $16.7 trillion debt ceiling to buy Congress and the White House time to negotiate a longer-term deal on major spending reforms. It’s time for these negotiations and conversations to begin, House Speaker John Boehner, R-Ohio, said after meeting privately with GOP members on the 10th day of a government shutdown. The deal would increase the debt ceiling for…

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