Obama's meeting with Republicans yield no decision on shutdown

The White House, however, described the meeting as good and said Obama looked forward to progress

Press Trust of India Washington
Last Updated : Oct 11 2013 | 8:54 AM IST
US President Barack Obama and Republican leaders reached no specific decision on how to end the partial government shutdown after a meeting at the White House following a move to increase the nation's debt ceiling by six weeks.

The White House, however, described the meeting as good and said Obama looked forward to progress. Obama met 20 House Republicans, including Speaker John Boehner, in the White House yesterday.

"After a discussion about potential paths forward, no specific determination was made. The President's goal remains to ensure we pay the bills we've incurred, reopen the government and get back to the business of growing the economy, creating jobs and strengthening the middle class," the White House said after the meeting which lasted approximately for an hour and half.

Earlier in the day, the White House said Obama is ready to sign a bill approving a short-term debt ceiling, even without an agreement to government shutdown.

"The President is happy that cooler heads at least seem to be prevailing in the House, that there at least seems to be a recognition that default is not an option," White House Press Secretary Jay Carney said about the Republican move to increase debt ceiling by six weeks.

Following the meeting, House Majority Leader Eric Cantor said that they had a "very useful" meeting with Obama and that they will continue to discuss the issue of debt ceiling and the government shutdown, which is now into its second week.

"We had a very useful meeting. It was clarifying I think for both sides as to where we are and the takeaway from the meeting was, our teams are going to be talking further tonight, we'll have more discussion, we'll come back to have more discussion," Cantor said.

"The President said that he would go and consult with the administration folks and hopefully we can see a way forward after that," the House Majority Leader said.

According to a Congressional aid, Obama neither said yes nor no to their proposal of a six week debt ceiling hike. Congressman, Dave Camp, one of 20 Republicans attending the White House meeting, also called the meeting "constructive".
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 11 2013 | 5:16 AM IST

Next Story