Politics News
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President Barack Obama pressed Republican and Democratic congressional leaders to give him options for a deficit-cutting deal that lawmakers could support as part of raising the nation’s $14.3 trillion debt limit by an Aug. 2 deadline.
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As President Barack Obama works for a bipartisan deal to raise the government’s debt ceiling, both the Republicans wanting to replace him and Democrats seeking the best way to re-elect him have emerged as obstacles.
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U.S. states “can ill afford” a federal government default if talks in Washington fail to raise the nation’s debt ceiling, the chair of the National Governors Association said.
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U.S. Secretary of State Hillary Clinton and international allies are seeking to ensure that Libya’s opposition is strong enough to fill the vacuum left after the expected departure of leader Muammar Qaddafi.
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