GOP, W.H. to keep talking after Obama meeting

[WestVirginiaRebel]

Politico:

House Republicans returned from a meeting with President Barack Obama saying they will continue discussions Thursday night about a six-week debt ceiling hike.

 

“We had a very useful meeting,” Majority Leader Eric Cantor (R-Va.) said, upon returning from the White House Thursday evening. “It was clarifying I think for both sides as to where we are and the takeaway from the meeting was, our teams are going to be talking further tonight, we’ll have more discussion, we’ll come back to have more discussion. The president said that he would go and consult with the administration folks and hopefully we can see a way forward after that.”

 

A senior House GOP aide said Obama “did not say yes or no to House Republicans’ offer.” Both sides are continuing talks tonight, according to the aide

 

For much of Thursday, it appeared that Washington slowly edged away from a potential default on Thursday as congressional leaders crafted plans to raise the debt ceiling ahead of the Oct. 17 deadline. Wall Street liked the apparent legislative movement: the Dow Industrial Average soared 323 points Thursday.

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