Thursday, 5 May 2011

Republicans want numbers ahead of debt meeting

WASHINGTON (Reuters) - Top Republicans on Wednesday pressed the White House to reveal its proposed terms for a deal to increase the country's borrowing authority, as officials indicated a $2 trillion hike would be needed to stave off a debt default through the 2012 U.S. elections.

Source: http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/3hyfEo9RtnE/us-usa-debt-idUSTRE74375T20110504

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