House Speaker John Boehner is planning to issue a temporary increase in the debt limit in exchange to opening negotiations between President Barack Obama and House and Senate leaders to end the partial government shutdown.
According to Yahoo News on Oct. 10, Boehner approached his colleagues in the House to offer the short-term resolution that would avert a federal default, but would not re-open the federal government until both parties work out a compromise. Rep. Tim Griffin (R-Ark) told the Associated Press that the new offer would offer a chance to open up talks to resolve long standing budget issues. He told the AP:
It gets us down the road a little bit so they can continue to talk.
It is still unclear as to whether or not the Democratic-controlled Senate and Obama would go along with the new pitch.
Obama signaled earlier in the week that he would be willing to sign into law a temporary debt limit increase only if the deal would involve a temporary end to the government shutdown. Boehner and other House GOP leaders were scheduled to travel to the White House on Oct. 10 to discuss the plan with the president.
While most House GOP members were embracing the short-term plan, some other conservative members were expressing reservations on Boehner's plans. Rep. Steve King (R-IA) told the AP:
I'm not very enthusiastic about that.
Under the debt ceiling plan, the House would appoint negotiators to bargain with Democrats in the Senate for a long term compromise. The talks, which began in the Summer of 2012, were put on hold because the two chambers have deep differences over tax cuts and cuts to benefit programs.
Re. Vern Buchanan (R-Fla) told the AP the the plan was for the House to approve the bill on Oct. 11.
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