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July 03, 2011
AP
By Angela Greiling Keane, Bloomberg
Republicans would accept a "mini" deal with the Obama administration on raising the debt limit, Senator John Cornyn of Texas, a Republican leader, said.
Cornyn said today on "Fox News Sunday" that while Republicans would prefer a long-term settlement, they would accept a shorter-term agreement if that's all they could get done. The U.S. Treasury Department has projected that on Aug. 2 the U.S. will no longer be able to meet obligations if the legal debt ceiling isn't raised.
In this photo provided by the Las Vegas News Bureau, Miley Cyrus leaves Hanna Montana behind and walks the red carpet in a daring outfit for the 2012 Billboard Music Awards at the MGM Grand on the...
"He will have to explain to the American people why his vision for bigger government, more spending, and higher taxes will work over the next four years when it hasn't worked in the past three and a half years.” – Sen. Rob Portman on President Obama
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