White House says optimistic to reach debt talk compromise

09:02, July 29, 2011      

Email | Print | Subscribe | Comments | Forum 


U.S. House Speaker John Boehner (C) speaks at a news conference on debt ceiling at Capitol Hill as Republican and Democratic lawmakers haven't achieved a debt limit negotiation compromise in Washington D.C., capital of the United States, July 28, 2011. The U.S. federal government's borrowing limit, currently at 14. 29 trillion U.S. dollars, was reached on May 16. The Treasury Department said the nation would begin to default without an agreement to lift the limit by Aug. 2, as it would run out of maneuvering room to pay its bills. (Xinhua/Zhang Jun)

The White House said Thursday that to achieve a debt limit negotiation compromise is possible, if both Republican and Democratic lawmakers could put the U.S. economy top of their agenda.

If everyone has the objective of protecting American people from economic harm in mind as both parties move forward, compromise is "pretty easy", White House spokesman Jay Carney Thursday told reporters.

"We continue to believe and remain optimistic that Congress will come to its senses, that cooler heads will prevail, and that a compromise will be achieved," Carney added.

He cautioned that the two parties needed to get beyond voting on "dead-on-arrival measures" that will not become law when the nation had so few days left to cut a deal.

Carney urged both parties to get to work on a compromise plan that could actually pass both houses with bipartisan support and be signed by President Barack Obama.

The U.S. federal government's borrowing limit, currently at 14. 29 trillion U.S. dollars, was reached on May 16. The Treasury Department said the nation would begin to default without an agreement to lift the limit by Aug. 2, as it would run out of maneuvering room to pay its bills.

The House of Representatives was scheduled to vote on a debt ceiling plan put forth by House Speaker John Boehner later Thursday, which is hardly possible to clear Democratic-controlled Senate.

Protestors hold placards during a rally to demand that U.S. Congress not cut social security, medicare and medicaid, or push America into default, as Republican and Democratic lawmakers haven't achieved a debt limit negotiation compromise in Washington D.C., capital of the United States, July 28, 2011. The U.S. federal government's borrowing limit, currently at 14. 29 trillion U.S. dollars, was reached on May 16. The Treasury Department said the nation would begin to default without an agreement to lift the limit by Aug. 2, as it would run out of maneuvering room to pay its bills. (Xinhua/Zhang Jun)



A protestor holds a placard during a rally to demand that U.S. Congress not cut social security, medicare and medicaid, or push America into default, as Republican and Democratic lawmakers haven't achieved a debt limit negotiation compromise in Washington D.C., capital of the United States, July 28, 2011. The U.S. federal government's borrowing limit, currently at 14. 29 trillion U.S. dollars, was reached on May 16. The Treasury Department said the nation would begin to default without an agreement to lift the limit by Aug. 2, as it would run out of maneuvering room to pay its bills. (Xinhua/Zhang Jun)

Source:Xinhua
 
 
  Weekly review  
 
 
 
     
 
 

(Editor:刘晓宁)

  • Do you have anything to say?
  • White House says optimistic to reach debt talk compromise
  • Wen vows severe punishment to those responsible
  • Hard life for non-only child family
  • Premier Wen vows to punish those responsible for train crash six days after tragedy
  • Cyprus cabinet resigns amid public pressure
  • Wonderful night scenes at the Potala Palace Square
http://english.people.com.cn/90777/90852/7454862.pdf