Welcome to Wopular's coverage of Barack Obama, U.s. Debt Limit.
Wopular aggregates news headlines from the top newspapers and
news sources. To the right are articles about
Barack Obama, U.s. Debt Limit that have been featured on main sections
of the site.
Below are topics about Barack Obama, U.s. Debt Limit. (Click on "all"
to view all articles related to the topic, including articles NOT about
Barack Obama, U.s. Debt Limit.
Scolded by President Barack Obama, Congress scrambled on Saturday to produce a deficit plan within 48 hours that keeps the United States from a catastrophic debt default now days away.
House of Representatives Speaker John Boehner broke off talks with President Barack Obama on Friday and said he will begin negotiations with Senate leaders aimed at meeting an August 2 deadline to avert an unprecedented U.S. debt default.
The Senate on Friday voted along party lines against the proposal to cut spending and raise the debt limit. President Obama pressed for compromise during a town hall meeting.
President Barack Obama offered strong praise Tuesday for a deficit reduction plan put together by a bipartisan group of senators, calling the measure's mix of tax hikes and spending reforms "broadly consistent" with his own approach to the current debt ceiling crisis.
Budget talks between President Barack Obama and his GOP rivals are at a frustrating standstill, leading a top Republican to launch a long-shot proposal to give Obama sweeping new powers to muscle through an increase in the government's debt limit without the approval of a bitterly divided Congress.
President Obama continued to push for a $4-trillion deal to rein in government deficits Sunday, but a White House meeting with congressional leaders failed to break the deadlock over spending and taxes that has stalemated discussions for more than a month.
President Obama seeks up to $4 trillion in deficit cuts, putting Social Security, Medicare, defense spending and tax reform on the table as part of a balanced approach to cuts, officials say.