Glimmer Of Hope? Discussing Debt Ceiling On Day 10 Of Shutdown - KMPH FOX 26 | Central San Joaquin Valley News Source

Glimmer Of Hope? GOP and President Meet On Day 10 Of Government Shutdown

Posted:
FRESNO, Calif. (KMPH) -

 It is day 10 ten of the government shutdown and one of the big worries is the country will default on federal debt payments. However, it looks like there may be a glimmer of hope with negotiations finally starting.

There was a meeting Thursday at the White House between House Republicans, President Barrack Obama and Vice President Joe Biden. Some are saying that the meeting is offering hope that a short–term deal to raise the debt ceiling will soon be reached.

However, House Speaker John Boehner left the White House and returned to the Capitol without speaking to reporters. Majority Leader Eric Cantor described the meeting as positive.

"We had a very useful meeting. It was very clarifying I think for both sides as to where we are. The takeaway from the meeting was that our teams are going to be talking further tonight," says Representative Eric Cantor, (R-VA) Majority Leader.

Both Democrats and Republicans indicated that they are open to a temporary deal on the debt ceiling.

"What we want to offer the President today is the ability to move, temporary increase the debt ceiling, and an agreement to go to conference on the budget," says Representative John Boehner, (R-OH) House Speaker.

Republicans said their plan would raise the debt ceiling for six weeks until November 22nd. The White House responded positively.

"If they were to send them a clean debt ceiling extension, no partisan strings attached, he would sign it. We don't know that's what we're going to get here," says White House Press Secretary Jay Carney.

Senate Democrats also meet with the President for an hour and half. As they left the meeting they suggested they're inching closer to a deal with House Republicans.

"When they send us something, we'll look at it as clearly and as closely as we can," says Senator Harry Reid, (D-NV) Majority Leader.

As news of the meeting came out the stock market spiked. An agreement could help avoid what many economists describe as a nightmare scenario a U.S. default.

  • Local NewsLocal NewsMore>>

  • Peanut Allergies No More!

    Peanut Allergies No More!

    Good news for the three million Americans who are allergic to peanuts.Researchers at North Carolina A T's School of Agriculture developed a new technique to remove peanut allergens.They say shelled and skinless peanuts can be treated with an enzyme that breaks down certain proteins that can trigger food–related allergies.Researchers say the process does not change the peanut's shape or shelf life.For more info, click HERE for the USDA info.More >>
    Good news for the three million Americans who are allergic to peanuts.Researchers at North Carolina A T's School of Agriculture developed a new technique to remove peanut allergens.They say shelled and skinless peanuts can be treated with an enzyme that breaks down certain proteins that can trigger food–related allergies.Researchers say the process does not change the peanut's shape or shelf life.For more info, click HERE for the USDA info.More >>
  • Church in Northwest Fresno Vandalized

    Church in Northwest Fresno Vandalized

    Police are looking for the vandal that left the walls and front door of a northwest Fresno church spray painted. An administrator at St. Anthony of Padua church discovered the graffiti Saturday morning when arriving to work.One of the churches front doors and the walls around it had been spray painted with bizarre images and words.If you have any information that could help police identify the person who did this, call the Fresno Police Department at 559-621-7000.More >>
    Police are looking for the vandal that left the walls and front door of a northwest Fresno church spray painted. An administrator at St. Anthony of Padua church discovered the graffiti Saturday morning when arriving to work.One of the churches front doors and the walls around it had been spray painted with bizarre images and words.If you have any information that could help police identify the person who did this, call the Fresno Police Department at 559-621-7000.More >>
  • Valley Family Gives Back On Daughter's First Birthday

    Valley Family Gives Back On Daughter's First Birthday

    Brooklynn Harold has seen her share of doctors in the first year of her life. She was born with clubfoot and is now on the road to recovery. To celebrate her first birthday her parents decided not to shower her with gifts but instead to seek donations to help other kids with clubfoot.Her mother Jill Harold says her daughter has made great progress thanks to the orthopedic unit at Children's Hospital Central California and the staff at Valley Orthopedic. They asked family and friends to hold o...More >>
    Brooklynn Harold has seen her share of doctors in the first year of her life. She was born with clubfoot and is now on the road to recovery. To celebrate her first birthday her parents decided not to shower her with gifts but instead to seek donations to help other kids with clubfoot.Her mother Jill Harold says her daughter has made great progress thanks to the orthopedic unit at Children's Hospital Central California and the staff at Valley Orthopedic. They asked family and friends to hold o...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.