No agreements yet on plan to deal with U.S. debt limit: Boehner

Published 10/07/2015, 10:39 AM
Updated 10/07/2015, 10:49 AM
© Reuters. Boehner participates in a news conference following a closed Republican House caucus meeting at the U.S. Capitol in Washington

WASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner said on Wednesday that discussions were under way to deal with a looming Nov. 5 deadline to raise the federal debt limit but no decisions have been made

"There is no agreement on how to do this. There are discussions about how to do it, but there's nothing else to report," Boehner told a news conference.

© Reuters. Boehner participates in a news conference following a closed Republican House caucus meeting at the U.S. Capitol in Washington

Asked about a House Republican effort to force a vote to renew the Export-Import Bank's expired charter, Boehner said the best way to handle that would be through the House Financial Services Committee. The panel thus far has blocked legislation to reauthorize the trade bank, which has been dormant since June 30, but Boehner said there was still time for it to act.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.