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Bloomberg reports The White House, in a statement, urged Boehner to allow a vote on raising the debt limit and repeated that only Congress can authorize more borrowing. Obama, who will make a statement and take questions in the White House briefing room, is willing to negotiate after Republicans end the shutdown and remove the risk of default, the statement said. The split-screen sniping — with Boehner speaking to reporters and Reid speaking on the Senate floor — came as lawmakers are taking the first tentative steps toward resolving the standoff
Read More: Boehner on Shutdown: "This Isn’t Some Damn Game"; Several Tea Party Republicans Cave-In
Excerpt from: Ron Paul Ruins a Great Economic Rant, Being Seriously Wrong on One Key Point
The New York Times has the details in Boehner Tells Republicans He Won’t Let the Nation Default With a budget deal still elusive and a deadline approaching on raising the debt ceiling, Speaker John A. Boehner has told colleagues that he is determined to prevent a federal default and is willing to pass a measure through a combination of Republican and Democratic votes, according to one House Republican.
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View the original here: New Home Sales Plunge 13.4% in July, June Revised Lower; Blame Rising Mortgage Rates; Starts 896,000…
Russia Today Egypt’s ‘bloodbath that is not a bloodbath’ has shown that the forces of hardcore suppression and corruption reign supreme, while foreign interests – the House of Saud, Israel and the Pentagon – support the military’s merciless strategy.Stop. Look at the photos. Linger on dozens of bodies lined up in a makeshift morgue
Visit site: Bahrain protests: Will the House of Khalifa fall like a house of cards?