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Thread: Will U.S. Republicans and Democrats make a deal on debt ceiling by the August 2 deadline?
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[quote=JIMMYB,436266]The Republicans and the Democrats still haven’t agreed on how to increase the US debt ceiling. “U.S. House of Representative Speaker John Boehner announced a new Republican, two stage, short-term plan to increase the US’s debt ceiling on Monday. The Democratic Majority Leader Harry Reid announced a longer-term plan that the White House immediately endorsed. The president Mr. Obama oppose a short-term plan of increasing the debt ceiling. He said that it chould damage the nation’s credit rating, and the US will soon have to raise the debt ceiling in just a few months.”, according to VOA. Two parts have their own plans. Do you believe that U.S. lawmakers will break debt stalemate by the August 2 deadline? [/quote]
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