Slow learners: House GOP proposal emerges on debt, but not shutdown
"Washington (CNN) -- An offer by House Republicans to President Barack Obama would temporarily increase the debt ceiling without reopening the government right away, GOP sources told CNN's Deirdre Walsh on Friday.
The proposal followed a White House meeting on Thursday between the President and the House GOP leadership that participants described as positive in tone.
However, the agreement outlined by House GOP sources failed to meet a key demand of Obama and Democrats as well as some Republicans because it lacked a temporary spending plan that would end the partial government shutdown now in its 11th day.
The House GOP proposal offers to increase the federal borrowing limit, which the Obama administration says must occur by October 17 to avoid a potential U.S. default that economists warn would harm the economy..."
http://www.cnn.com/2013/10/11/politics/shutdown-showdown/index.html?hpt=hp_t1
