No decision on raising U.S. debt limit, but hopes growing
President Obama and House Republican leaders emerged empty-handed from a meeting Thursday on how to deal with the government shutdown and extending the U.S. debt ceiling.
Twenty Republicans, including House Speaker John Boehner, were at the White House to propose a six-week increase in the nation's 16.7 trillion U.S. dollar debt ceiling as a way to stave off the country's first ever default.
The proposal outlined by Boehner would maintain a partial government shutdown while Republicans and Democrats negotiate broader budget and spending issues.
Obama had demanded the Republicans both reopen the government and raise the government's debt limit at least for a short period of time as a precondition to sitting down at the bargaining table.
Republicans seemed to be steering clear of the restrictions on Obama's healthcare reforms and spending that prompted the crisis in the first place.
Instead, both sides are negotiating on how far to extend the debt limit and how much funding they would provide the government when it reopens.
After the meeting the White House said the president looks forward to making continued progress with members on both sides of the aisle, but added the Repulbicans have yet to propose a specific bill.
The president wants to quickly end the government shutdown that began on October 1st.
Ji Myung-kil, Arirang News.
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