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  • fp718591 fp718591 Oct 10, 2013 6:27 PM Flag

    Just out, Obama REJECTS Republican deal

    oil should crash tomorrow along with the market, heres the news, AP

    President Barack Obama has rejected a Republican proposal that would extend the nation's debt limit for a six-week period, the New York Times reports.

    Republican leaders left the White House without making comments to reporters Thursday night.

    The no-show from House Republicans came after an hour-long meeting among President Barack Obama, Vice President Joe Biden, Treasury Secretary Jack Lew, and 18 House Republican leaders.

    House Republican leaders unveiled a plan to extend the nation's borrowing authority for six weeks on Thursday, provided that Obama and Democrats enter into negotiations about broader fiscal issues. But their plan, for now, does not end the ongoing government shutdown — something the White House said would be necessary for negotiations

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