The Free Press, Mankato, MN

News Ticker

State, national news

October 10, 2013

Boehner offering Obama short-term debt extension

Republican plan would require Obama to begin talks on spending, keep shutdown in pla

WASHINGTON (AP) — Facing a fresh deadline, House Speaker John Boehner said Thursday that Republicans would vote to extend the government's ability to borrow money for six weeks — but only if President Barack Obama first agrees to fresh negotiations on spending cuts. Under the Republican plan, the partial government shutdown would continue.

Obama has insisted the debt ceiling must be raised — heading off the possibility of an unprecedented national default — and the shutdown ended, with no conditions.

"I would hope the president would look at this as an opportunity and a good faith effort on our part to move halfway, halfway to what he's demanded, in order to have these conversations begin," Boehner, R-Ohio, told reporters after presenting the plan to rank-and-file GOP lawmakers.

Boehner produced the proposal as the shutdown entered its 10th day. More ominously, the administration has warned that unless the federal debt ceiling is raised, the government will deplete its ability to borrow money by next Thursday, an event officials have warned could trigger a financial default that could wound the world economy as well as America's .

After weeks of decline, financial market indexes shot higher in anticipation of a possible deal that could avert a default. Both the Dow Jones industrial average and Standard & Poor's 500 index were up more than 1 percent in midday trading.

Boehner planned to present the offer to Obama later Thursday when he and other House GOP leaders were to meet with the president at the White House.

A White House official said Obama would be willing to negotiate over the budget "once Republicans in Congress act to remove the threat of default and end this harmful government shutdown."

Obama has steadfastly insisted that Congress reopen the government and extend the debt limit without conditions. His acceptance of the GOP proposal could mean a brief resolution to the fight over the debt limit and a continuation of the shutdown while negotiations proceed.

Text Only | Photo Reprints
State, national news
  • Hypersonic jets, lasers future for Air Force researchers WRIGHT-PATTERSON AIR FORCE BASE, Ohio — Air Force hypersonic weapons and fighter jets with lasers could fly in the skies of the future. Air Force Research Laboratory researchers have made top priorities of hypersonics, directed-energy weapons and au

    April 16, 2014

  • Dress codes: Where should schools set limits? EVANSTON, Ill. (AP) — They're called leggings — popular fashion items that are tight-fitting pants to some, and glorified tights to others. Younger girls often wear them as pants with little fuss. But as those same girls approach middle school, legg

    April 16, 2014

  • On Vegas Strip, the Harmon tower set to fall -- with a whimper LAS VEGAS — One by one, the grand old dames of the Strip outlived their charms — the Dunes, Stardust and Aladdin — and down they came, thanks to some well-rigged dynamite, in a booming flash of bravado and showmanship that became this city’s staple —

    April 16, 2014

  • Man accused of abusing 2 girls in 'Maidens Group' MINNEAPOLIS (AP) — Authorities were searching Tuesday for a self-professed minister accused of sexually abusing at least two girls in a "Maidens Group" at his religious fellowship in rural Minnesota, where he told one victim she would remain a virgin

    April 15, 2014

  • Deputy shot, wounded in Norman County PERLEY, Minn. (AP) — Authorities say a 19-year-old man from Fertile is under arrest for shooting a sheriff's deputy during a traffic stop in northwestern Minnesota. The Minnesota Bureau of Criminal Apprehension says the Norman County deputy was wear

    April 15, 2014

  • Red River Valley touted as drone industry center THIEF RIVER FALLS (AP) — Dozens of representatives from agriculture, aviation and higher education are meeting in northwestern Minnesota to discuss ways to promote the region as a center for development of the aircraft industry which produces unmanne

    April 15, 2014

  • Balancing Act: The secret weapon behind work life balance We all struggle for work life balance, but most of us don’t realize that sometimes the path toward achieving might be something so simple. Some of the most successful people I know are sharing their secret weapon for remaining strong and finding bal

    April 15, 2014

  • Police: Suspected killers wore GPS devices ANAHEIM, Calif. (AP) — Two convicted sex offenders dutifully checked in with police every month and wore their GPS trackers around the clock — the rules of parole that are designed to tip off authorities if a freed felon backslides. Yet for at least

    April 15, 2014

  • More US consumers are seeking medical care, report shows A historic slowdown in U.S. health care spending in recent years may be drawing to a close. An industry report published this week and health care experts point to a steady rise in medical care being sought by consumers seeing specialists, getting m

    April 15, 2014

  • Man sentenced to 20 years in synthetic drug case FARGO, N.D. (AP) — One of 15 people to plead guilty in a synthetic drug conspiracy that resulted in the overdose deaths of two teenagers has been sentenced to 20 years in prison. Casey Rosen (row-ZEEN') pleaded guilty in January 2013 to conspiracy to

    April 14, 2014

Press-Plus Subscribe
Sign In
Featured Ads
AP Video