BREAKING NEWS

Reid confident US debt cap to be raised long term

By REUTERS

JULY 31, 2011 06:24

WASHINGTON - US Senate Majority Leader Harry Reid said on Saturday that he was confident that any deal to raise the country's borrowing cap will extend the limit for the long term.

"I'm confident that a final agreement that will adopt the Senate's long term approach rather than the short term band aid proposed by the House of Representatives will move forward," Reid said.

"There can be no short-term agreement and I'm optimistic there will be no short term arrangement whatsoever," he said.

Democrats want to extend the country's debt limit beyond the 2012 November election. Republicans have proposed raising the $14.3 trillion limit in stages.

IDF, Hezbollah exchange fire on Lebanon border

By JERUSALEM POST STAFF

04/26/2024 01:22 AM

Bernie Sanders to Netanyahu: you are using antisemitism as a distraction

By JERUSALEM POST STAFF

04/26/2024 12:33 AM

Yeshiva University re-opens admissions amid safety concerns on campuses

By JERUSALEM POST STAFF

04/26/2024 12:19 AM

US preparing to announce $6b in weapons for Ukraine, Politico reports

By REUTERS

04/26/2024 12:12 AM