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Deal to resolve fiscal crisis stalls in Congress
Source: Reuters
Deal to resolve fiscal crisis stalls in Congress
By Thomas Ferraro and Richard Cowan
WASHINGTON | Sat Oct 12, 2013 11:06am EDT
(Reuters) - Hopes for a resolution of Washington's fiscal crisis in the next day or two faded on Capitol Hill on Saturday, as President Barack Obama's efforts to reach a deal with Republicans in the House of Representatives sputtered.
The focus has now shifted to Senate Republicans' ideas for reopening the government and raising the government's borrowing authority, which runs out on October 17.
"I guess they're (the White House) talking to the Senate now," a dejected House Appropriations Committee Chairman Harold Rogers, a Republican, told Reuters.
"There is no deal; no negotiations going on," House Speaker John Boehner told a meeting of House Republicans, according to Representative Richard Hudson.
[font size=1]-snip-[/font]
By Thomas Ferraro and Richard Cowan
WASHINGTON | Sat Oct 12, 2013 11:06am EDT
(Reuters) - Hopes for a resolution of Washington's fiscal crisis in the next day or two faded on Capitol Hill on Saturday, as President Barack Obama's efforts to reach a deal with Republicans in the House of Representatives sputtered.
The focus has now shifted to Senate Republicans' ideas for reopening the government and raising the government's borrowing authority, which runs out on October 17.
"I guess they're (the White House) talking to the Senate now," a dejected House Appropriations Committee Chairman Harold Rogers, a Republican, told Reuters.
"There is no deal; no negotiations going on," House Speaker John Boehner told a meeting of House Republicans, according to Representative Richard Hudson.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/2013/10/12/us-usa-fiscal-idUSBRE98N11220131012
