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NEWS and REPORTS => World News => Topic started by: YahooNews on Oct 12, 2013, 09:31 AM

Title: Obama would sign a short-term debt increase: White House
Post by: YahooNews on Oct 12, 2013, 09:31 AM
WASHINGTON (Reuters) - President Barack Obama would sign a short-term increase of the debt ceiling, if Congress passed a "clean" bill without policy conditions, but would prefer a longer extension, White House spokesman Jay Carney told reporters on Friday.

"Is (a short-term extension) still acceptable as the bare minimum? Sure," Carney said.

"If the Congress were to pass a clean debt ceiling of short duration to avoid default, the president would sign that," he said.

(Reporting by Roberta Rampton and Mark Felsenthal; Editing by Eric Beech)

Source: Obama would sign a short-term debt increase: White House (http://news.yahoo.com/obama-sign-short-term-debt-increase-white-house-205211683--business.html)