WASHINGTON (Reuters) - President Barack Obama neither accepted nor rejected a proposal floated by Republicans in the U.S. House of Representatives for a short-term extension of the nation’s debt ceiling, Representative Paul Ryan told reporters on Thursday.
After returning to Capitol Hill following a meeting between Obama and leading House Republicans, Ryan, who chairs the House Budget Committee, told reporters that Obama did not say “yes” or “no” to the idea.
Other Republican leaders, including House Majority Leader Eric Cantor, said that House and Obama administration teams will keep working late on Thursday on the fiscal crisis.
Indicative of problems the House Republican proposal could be facing, there were no plans to bring a short-term debt limit bill before the House Rules Committee late on Thursday, according to a House aide.
The Rules Committee usually is the last stop for legislation before it is sent to the full House for debate and a vote.
Earlier, some House Republicans were expressing hopes that the short-term debt limit bill could be passed in the House either late Thursday or on Friday.
Reporting by Tim Reid and Richard Cowan; editing by Christopher Wilson; Editing by Eric Beech