Short-term debt plan not being considered: Pelosi

Reuters News
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Posted: Jul 23, 2011 1:03 PM
Short-term debt plan not being considered: Pelosi

WASHINGTON (Reuters) - President Barack Obama and congressional leaders are "definitely not" considering a short-term debt limit increase in their weekend negotiations to break an impasse, House of Representatives Democratic leader Nancy Pelosi told reporters on Saturday.

A Senate Democratic aide told Reuters that congressional leaders have agreed their staffs would "work together throughout the weekend" to try to craft a deficit reduction bill to clear the way for a debt limit increase.

(Reporting by Richard Cowan; Editing by Vicki Allen)