BREAKING: House Republicans Offer Obama Temporary Increase in the Debt Limit

Posted: Oct 10, 2013 11:36 AM

House Republicans announced late Thursday morning before a meeting with President Obama at the White House that they are offering a temporary, six week debt ceiling increase in exchange for the ability to go to conference over the budget.

"Over the course of the past 10 days we've been trying to have conversations with our Democratic colleagues, they don't want to talk. The president doesn't want to talk," House Speaker John Boehner said. "I would hope the president would look at this as an opportunity and good faith effort for our party to move half way."

After nearly two weeks of the House repeatedly passing legislation funding the government and being denied by the Senate, the Republican offer goes a long way to help solve the stalemate over the budget and debt limit in Washington. President Obama is expected to meet with House Republicans today and with Senate Democrats and Republicans Friday.

Recommended Townhall Video