GOP official: House to vote to lift debt limit

Posted on 18 January 2013. Tags: , , , , ,

FILE - This Jan. 1, 2013 file photo shows House Speaker John Boehner of Ohio walkig past reporters after a closed-door meeting meeting of House Republicans on Capitol Hill in Washington. The GOP-controlled House will vote next week to permit the government to borrow more money to meet its obligations, a move aimed at heading off a market-rattling confrontation with President Barack Obama over the so-called debt limit. Full details aren’t settled yet, but the measure would give the government about three more months of borrowing authority beyond a deadline expected to hit as early as mid-February, a Republican official said Friday. (AP Photo/J. Scott Applewhite, File)WASHINGTON (AP) — The Republican-controlled House will vote next week to permit the government to borrow more money to meet its obligations, a move aimed at heading off a market-rattling confrontation with President Barack Obama over the so-called debt limit.




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