Thursday, July 21, 2011

Obama may be considering stopgap measure

Obama may be considering stopgap measure

WASHINGTON — Only 10 days ago, President Barack Obama said.
"The things that I will not consider are a 30-day or a 60-day or a 90-day or a 180-day temporary stopgap resolution to this problem," Obama added "This is the United States of America, and we don't manage our affairs in three-month increments."



 However Obama signalled Wednesday he is prepared to backtrack on his earlier vow to reject any short-term agreement to raise the debt ceiling, acknowledging lawmakers now have so little time to strike a more ambitious "grand bargain" that an emergency stopgap measure may be the only option remaining.
"Right now there are multiple trains heading toward the station. We have to decide," White House press secretary Jay Carney told reporters. "And some of them may continue up to the last moment, because we need to be sure that that fail-safe option is there, even as we pursue aggressively the possibility of doing something bigger." 


Sources:
CBN.com
news.yahoo
echristian.ws
Mid-Utah Radio
TheMaverickConservative
Worldnews.com
PBS.org
canada.com
Denver Post
msnbc.com
features.rr.com

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