U.S. House Republicans weigh debt limit hike without add-ons - source
WASHINGTON Oct 10 (Reuters) - U.S. House of Representatives Republicans are weighing a short-term debt limit increase with no added policy changes, such as deficit-reduction requirements, according to a source with knowledge of the discussions.
The source, who asked not to be identified, said the initiative gained steam after the Heritage Foundation began pushing for this kind of straight-forward debt limit increase, albeit a short-term one, that Democrats have been insisting upon.
If such a bill moves forward in the House it would represent a major shift in position.
- Housing, jobs data weaken, but overall economic picture still upbeat
- Target cyber breach hits 40 million payment cards at holiday peak |
- 'Duck Dynasty' anti-gay fallout sparks debate on religion, tolerance
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion |