Obama warns not to 'flirt' with default
Sat, 12 Oct 2013 14:27:44 GMT —
WASHINGTON (AP) - President Barack Obama and the Republicans are talking about the budget impasse in their weekly media addresses today.
The president warns it wouldn't be wise to "flirt with a first-ever intentional default right in the middle of the holiday shopping season."
In the GOP address, Congressman Howard "Buck" McKeon says Republicans and Democrats have found common ground on funding programs for military veterans. He's pushing Democrats to support other bills funding government services and then sit down with Republicans and resolve their differences.
Some Senate Republicans are proposing a bill that would reopen the government and increase the federal government's borrowing limit through January.
A Democratic bill in the Senate proposes lifting the government's borrowing cap through the end of next year. But Republicans plan to reject it in a vote today.