President Obama and the House Republicans didn’t reach an agreement on a debt limit extension during meeting today, but the GOP offer was seen as a step toward ending the current budget stalemate, and negotiations will continue.
House Speaker John Boehner led a group of 20 Republicans to the White House, where they presented an offer to increase the Treasury’s borrowing authority through late November and asked Obama to consider negotiations for a long-term deficit and tax overhaul deal.
“We had a long, frank conversation about it,” Rep. Paul Ryan said. The GOP proposal could be voted on as soon as tomorrow.
{Andy Heller-Matzav.com Newscenter}
