U.S. House Republicans await Obama's response to latest fiscal offer

Reuters

WASHINGTON, Oct 11 (Reuters) - U.S. House of RepresentativesRepublicans were awaiting a White House response to their latestoffer to raise the U.S. borrowing authority, which could helplead to an end to a government shutdown, now in its 11th day, asenior House Republican aide said on Friday.

The aide did not provide details on what was in the HouseRepublicans' offer, which likely is being discussed now at theWhite House in a meeting President Barack Obama is having withSenate Republicans.

Meanwhile, Republican Representative Tom Cole, who is closeto House Speaker John Boehner, told reporters: "If he (Obama)signals back that he is willing to sign a short-term deal" onthe debt limit, Republicans would move to negotiate a reopeningof the government.

"I don't know why you couldn't have a short term (increase)in the debt ceiling secured this weekend or very early nextweek," said Cole, who as a House majority deputy whip helpsround up votes in support of party leaders.

"And if you are in negotiations, I don't know why youcouldn't have the government opened next week," Cole added.

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