Time grows short for debt-ceiling talks
Senate Majority Leader Harry Reid, center, and Sens. Dick Durbin and Patty Murray comment on the debt-ceiling talks.
July 1st, 2011
11:01 AM ET

Time grows short for debt-ceiling talks

Time may be tighter for the Democratic and Republican sides to reach an agreement on raising the nation's debt ceiling than the August 2 deadline would suggest, Democratic officials familiar with the negotiations said Friday.

They said they believe the White House and congressional leaders would need to come to a deal before the last week of July to get a bill done and through both houses of Congress to meet the August 2 deadline.

The officials said they are looking at around July 22 as a practical deadline.

soundoff (26 Responses)
  1. pmk1953

    Why don't we establish a selective service system for our government. No more elections, we have a draft just like we did for the Army. Remove the idiots in there now, draft all new people from the general populace, pay them 35,000 dollars a year, if they somehow earn more money from a lobbyist of company, remove them from office and fine them every cent over their base pay. Every four years, change them all out. No career polticians anymore. If they don't do their job, imprison them.

    July 2, 2011 at 5:55 pm | Report abuse | Reply
    • RUFFNUTT

      A very good idea, pmk1953. But make sure that none of these people have any contact with the MIC(military-industrial-complex) first. That way we can deprive the MIC any control of our government of which they now have too much!!!

      July 2, 2011 at 8:00 pm | Report abuse |
  2. Jason

    Hello CNN and the USA, all of this debt talk is simple, the world knows that we are not able to play our bills, so I say STOP ALL AID to other countries, ( 800 mill to Afganistan) is almost 1/4 of the 4 trill. that they want to cut, so how much other "aid" money arer we giving out. I know when I am having trouble paying a bill I "cut" out some other spending plain and simple. I also think that anyone who is a TRUE American, they would not have a problem helping there country out in a time of need like say this year make everyone inclubing ALL of the BIG compaines pay a flat 10% of there income in taxes and dont give out any tax returns what kind of money would that save us to put torwed our debt. I say if you want to fix this problem ask the people in this country that dont make millions every year, they know how to stretch this doller and they dont spend needlessly!!!!

    July 11, 2011 at 9:56 am | Report abuse | Reply
  3. Jason

    I would also like to see if CNN has the nerve to read this and share it with the world!!!!

    July 11, 2011 at 9:58 am | Report abuse | Reply
  4. flash-invader

    http://www.flashinvader.com/new_world_order/usa_is_spending_over_two_and_a_half_billions_usd_per_day_on_war.html

    The USA is spending an eye watering $2.5bn a day (Yes a day) on fighting wars when the USA is not even under attack but they don’t seem to put that on the table when they talk about debt spending and stopping people pensions who have paid for them all their lives.

    July 30, 2011 at 9:23 am | Report abuse | Reply
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