President Obama is rejecting a key element of House Republicans’ latest proposal to extend the federal debt ceiling, opposing a linkage between a short-term increase and negotiations on the budget, White House spokesman Jay Carney said Friday.
Briefing reporters after financial markets closed for the week, Carney welcomed a “new willingness” among congressional Republicans to open the government and avoid default, but he said the president would not agree to tie budget negotiations to a six-week debt-limit extension.
“It is our view that we cannot have a situation where the debt ceiling is extended as part of a budget negotiation process for only six weeks, which would put us right back in the same position that we’re in now,” Carney said.
Earlier Friday afternoon, Obama spoke by telephone with House Speaker John A. Boehner (R-Ohio), and the two agreed that they should keep talking, aides to both men said without providing additional details. That conversation came hours after a meeting between Obama and Senate Republicans at the White House. Obama met with 20 House Republicans on Thursday.
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