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Tue Jan 22, 2013, 02:07 PM

White House 'Welcomes' House Vote On Extending Debt Limit

Source: NPR

White House 'Welcomes' House Vote On Extending Debt Limit

by MARK MEMMOTT
January 22, 2013 1:35 PM

President Obama "welcomes" the plan by House Republicans to vote Wednesday on a three-month extension of the nation's borrowing limit, White House press secretary Jay Carney told reporters today, and "would not stand in the way of the bill becoming law." (The Hill)

NPR's Scott Horsley tells us that Carney also said that "House Republicans made a decision to back away from a kind of brinksmanship that was very concerning to the markets, very concerning to business, very concerning to the American people." The White House views that as a sign of progress, Carney said.

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Read more: http://www.npr.org/blogs/thetwo-way/2013/01/22/169987919/white-house-welcomes-house-vote-on-extending-debt-limit

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