Obama pushes GOP on debt compromise

<strong>WASHINGTON.</strong> President Barack Obama increased pressure on Republican lawmakers yesterday to make concessions for a deal to avoid an Aug. 2 debt default and said both sides must &ldquo;pull off the Band-Aid&rdquo; and make sacrifices.

WASHINGTON. President Barack Obama increased pressure on
Republican lawmakers yesterday to make concessions for a deal to avoid
an Aug. 2 debt default and said both sides must “pull off the Band-Aid”
and make sacrifices.



The president met with top U.S. lawmakers for the second straight day in
the search for a way to break a budget impasse that is holding up a
vote on raising the $14.3 trillion debt ceiling.

The Treasury
Department has warned it will run out of money to cover the country’s
bills if Congress does not increase borrowing authority by Aug. 2.

 
 
Latest From ...
Most Popular From ...