Wednesday, May 16, 2012

Middle East - Voice of America: Obama Warns Against Repeat of Debt Ceiling 'Debacle'

Middle East - Voice of America
middle-east
Obama Warns Against Repeat of Debt Ceiling 'Debacle'
May 16th 2012, 22:45

White House officials say President Barack Obama has warned top lawmakers from both major political parties - the Democrats and Republicans - that a repeat of last year's standoff over increasing the legal U.S. borrowing limit is unacceptable.  The president met Wednesday with congressional leaders at the White House.   Mr. Obama told Capitol Hill's top Democrats and Republicans that he will not tolerate another legislative battle over raising the national debt ceiling, ...

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