Home > Global news > Obama Tries to Raise US Debt Ceiling

Obama Tries to Raise US Debt Ceiling

Tuesday, 28 June 2011 06:03

‘The White House said on Monday that the president is confident that both Democrats and Republicans could make compromises to lift the debt limit to avoid a default, Reuters reported.

White House spokesman Jay Carney said, “The president told me that everyone in the room believes a significant deal remains possible.” He made the remarks after Obama held a discussion with Sen. Harry Reid, the leader of the Democrats in the Senate.

Later in the day, Obama held a meeting with Senate Republican leader Mitch McConnell but neither made any comments on the outcome.’

Read more: Obama Tries to Raise US Debt Ceiling

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