U.S. Republican Ryan says Obama didn't accept or reject debt plan

Reuters

WASHINGTON, Oct 10 (Reuters) - President Barack Obamaneither accepted nor rejected a proposal floated by Republicansin the U.S. House of Representatives for a short-term extensionof the nation's debt ceiling, Representative Paul Ryan toldreporters on Thursday.

After returning to Capitol Hill following a meeting betweenObama and leading House Republicans, Ryan, who chairs the HouseBudget Committee, told reporters that Obama did not say "yes" or"no" to the idea.

Other Republican leaders, including House Majority LeaderEric Cantor, said that House and Obama administration teams willkeep working late on Thursday on the fiscal crisis.

Indicative of problems the House Republican proposal couldbe facing, there were no plans to bring a short-term debt limitbill before the House Rules Committee late on Thursday,according to a House aide.

The Rules Committee usually is the last stop for legislationbefore it is sent to the full House for debate and a vote.

Earlier, some House Republicans were expressing hopes thatthe short-term debt limit bill could be passed in the Houseeither late Thursday or on Friday.

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