NEWSMAX / AP: House Republican leaders are considering a short-term increase in the U.S. debt limit as a possible way to break out of the gridlock that threatens the nation with an unprecedented default in as little as a week, officials said Wednesday night.
There now is far less urgency on Capitol Hill about ending the government shutdown, which heads into its 10th day on Thursday. It has caused inconvenience and financial concern for many individual Americans but appears not to threaten the widespread economic damage a default might bring.
The officials declined to say what conditions, if any, might be attached to legislation to raise the $16.7 trillion debt limit for an undetermined period, perhaps a few weeks or months. The GOP rank and file are expected to meet and discuss the issue on Thursday, before a delegation led by Speaker John Boehner goes to the White House to meet with President Barack Obama… (more)
