White House: Obama wouldn't block GOP debt bill

Published on NewsOK Modified: January 22, 2013 at 3:45 pm •  Published: January 22, 2013
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The White House in the past has voiced reservations about a short-term debt ceiling extension. But on Tuesday, Carney said the three-month plan by House GOP leaders is significant because it "de-escalates the sense of conflict."

The government is on track to surpass its $16.4 trillion debt limit in late February or early March. Congressional Republicans had initially wanted to use a vote to extend the debt ceiling as leverage to win spending reductions, creating the threat of a first-ever government default.