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Concession On Debt Ceiling Possible

October 10, 2013 by  

Concession On Debt Ceiling Possible, Republicans said they would seek a short-term extension of the nation’s debt limit in hopes of jump-starting fiscal talks with President Barack Obama.

The president regarded the development as “encouraging,” said White House press secretary Jay Carney, and Obama would likely sign such legislation.

“The president is happy that cooler heads at least seem to be prevailing in the House,” Carney said at the daily press briefing. He added: “I think the president said the other day, if they were to send him a clean debt ceiling extension, no partisan strings attached he would sign it. But we don’t know that’s what we’re going to get here.”

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