Title: U.S. to Raise the Debt Ceiling
1U.S. to Raise the Debt Ceiling
2After weeks without any hint of a potential
compromise between the Obama administration and
congressional Republicans over raising the
nation's debt ceiling, the White House may be
offering a compromise that could lead to a deal
to stop a potential default on October 17th. The
president will accept a short-term debt ceiling
increase in order to get past the potential
crisis when the government hits the 16.7
trillion borrowing limit. A short-term increase
would give Rs and Ds some breathing room, but
by itself would not address the issues preventing
an agreement. The last big confrontation over
the debt ceiling, August 2011, ended with an
11th-hour agreement under warnings of an economic
catastrophe if there was a default. Obama said he
is open to talk about his healthcare plan, but
only after Congress approves measures to end the
government shutdown and raise the U.S. debt
ceiling.
3In Other News
- U.S. Navy SEALs pulled out during a raid in
Somalia over the weekend when it became clear
that suspected Al-Shabaab leader Ikrima couldn't
be taken alive - For decades, Native Americans have been trying to
get the name of the Washington Redskins changed.
They consider it a racial slur. The Oneida Indian
Nation has filed a lawsuit. President Barack
Obama suggests it's time to make a change, and so
does NFL Commissioner Roger Goodell. Redskins
owner Dan Snyder isn't budging. He told USA Today
last spring that he will "NEVER" rename the team.
The NFL says it will meet with the Oneida leaders
about it. - A 9-year-old Minnesota boy slipped through TSA
checkpoints and flew from Minneapolis to Las
Vegas on a Delta flight, all without a ticket or
boarding pass.