Obama rejects key part of House Republican proposal on debt ceiling

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http://www.ipolitics.ca/2013/10/11/gop-s...ing-obama/

WASHINGTON – President Obama is rejecting a key element of House Republicans’ latest proposal to extend the federal debt ceiling, opposing a linkage between a short-term increase and negotiations on the budget, White House spokesman Jay Carney said Friday.

Briefing reporters after financial markets closed for the week, Carney welcomed a “new willingness” among congressional Republicans to open the government and avoid default, but he said the president would not agree to tie budget negotiations to a six-week debt-limit extension.
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