Obama Rejects GOP Short-Term Debt Limit Offer

Your News Companion by Ben Mathis-Lilley
Oct. 10 2013 7:00 PM

Obama Rejects GOP Short-Term Debt Limit Offer

Speaker of the House John Boehner (R) walks from the House floor following a vote October 10, 2013.

Photo by Win McNamee/Getty Images

President Obama on Thursday rebuffed House Republicans’ offer of a six-week quick fix to the country’s debt limit woes because it would not end the government shutdown. Both parties, however, saw the offer as a softening in the Republican brinksmanship and an indication of a “fiscal truce,” the New York Times reports.  

Obama hosted twenty Republican leaders, including Speaker John Boehner, for an hour-and-a-half long meeting at the White House this afternoon. Boehner brought with him an offer to authorize the Treasury Department to borrow enough money to cover the country’s existing financial obligations through November 22 in return for a commitment from the White House to negotiate long-term deficit reduction and a tax overhaul, according to the Times. The proposal could still come up for a vote as early as Friday, but Democrats are skeptical that Boehner and the GOP House leadership could get enough votes to pass it.

Elliot Hannon is a writer in Washington, D.C. Follow him on Twitter.


Medical Examiner

Here’s Where We Stand With Ebola

Even experienced international disaster responders are shocked at how bad it’s gotten.

U.S. Begins Airstrikes Against ISIS in Syria

The U.S. Is So, So Far Behind Europe on Clean Energy

It Is Very, Very Stupid to Compare Hope Solo to Ray Rice

Friends Was the Last Purely Pleasurable Sitcom

The Eye

This Whimsical Driverless Car Imagines Transportation in 2059


Meet the New Bosses

How the Republicans would run the Senate.

A Woman Who Escaped the Extreme Babymaking Christian Fundamentalism of Quiverfull

How in the World Did Turkey Just Get 46 Hostages Back From ISIS?

  News & Politics
Sept. 22 2014 6:30 PM What Does It Mean to Be an American? Ted Cruz and Scott Brown think it’s about ideology. It’s really about culture.
Sept. 22 2014 5:38 PM Apple Won't Shut Down Beats Music After All (But Will Probably Rename It)
Sept. 22 2014 4:45 PM Why Can’t the Census Count Gay Couples Accurately?
  Double X
The XX Factor
Sept. 22 2014 7:43 PM Emma Watson Threatened With Nude Photo Leak for Speaking Out About Women's Equality
  Slate Plus
Slate Plus
Sept. 22 2014 1:52 PM Tell Us What You Think About Slate Plus Help us improve our new membership program.
Brow Beat
Sept. 22 2014 9:17 PM Trent Reznor’s Gone Girl Soundtrack Sounds Like an Eerie, Innovative Success
Future Tense
Sept. 22 2014 6:27 PM Should We All Be Learning How to Type in Virtual Reality?
  Health & Science
Medical Examiner
Sept. 22 2014 4:34 PM Here’s Where We Stand With Ebola Even experienced international disaster responders are shocked at how bad it’s gotten.
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.