US shutdown: Obama rejects proposed debt plan by Republicans
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Last Updated: Tuesday, October 15, 2013, 23:42
  
Zee Media Bureau/ Neha Attre

Washington: The White House on Tuesday dismissed a possible plan by the Republicans that could have put an end to the US shutdown and end the political deadlock.

"The President has said repeatedly that Members of Congress don't get to demand ransom for fulfilling their basic responsibilities to pass a budget and pay the nation's bills," said White House spokeswoman Amy Brundage.

"Unfortunately, the latest proposal from House Republicans does just that in a partisan attempt to appease a small group of Tea Party Republicans who forced the government shutdown in the first place," she said.

With only few days left for a historic US debt default, an alternate plan was proposed by the members of the Republican Party.

US President Barack Obama is scheduled to meet Democrats today to decide on the future course of action.

The proposed plan aimed to raise the debt limit to USD 16.7 trillion and postpone ‘Obamacare’ tax on medical instruments for two years.

The US government has been shut since October 01 when the Congress failed to pass a budget. It risks marking a first in the US history by causing America to default on its debts if the debt ceiling is not raised by October 17.

The shutdown has affected over 4 lakh federal employees and national parks and museums have been closed.

If the US fails to reach any solution on raising its debt ceiling before Oct 17, the impact could have wider international ramifications.


First Published: Tuesday, October 15, 2013, 22:01


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