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Obama to delay a request to raise US debt limit

 President Barack Obama, left, and Admiral Robert Willard, arrive to participate in a wreath laying ceremony  at the USS Arizona Memorial, part of the...
 President Barack Obama participates in a wreath laying ceremony at the USS Arizona Memorial, part of the World War II Valor in the Pacific National M...
 FILE - In this Dec. 23, 2011 file photo, President Barack Obama speaks at the White House in Washington. Baby boomers take note: Medicare as your par...

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President Barack Obama, left, and Admiral Robert Willard, arrive to participate in a wreath laying ceremony at the USS Arizona Memorial, part of the...

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President Barack Obama participates in a wreath laying ceremony at the USS Arizona Memorial, part of the World War II Valor in the Pacific National M...

Aging America Medicare Baby Boomers

FILE - In this Dec. 23, 2011 file photo, President Barack Obama speaks at the White House in Washington. Baby boomers take note: Medicare as your par...

White House principal deputy press secretary Josh Earnest stated today that President Barack Obama, at the request of both houses of Congress will delay a request to raise the US debt limit by $1.2 trillion in order to accommodate lawmakers’ schedules.


“The Budget Control Act provides that the president may submit a written certification to Congress when the debt, subject to limit, is within $100 billion of the debt limit,” Earnest told reporters in Honolulu, where Obama is vacationing with his family.


“The Treasury Department expects that the debt will be within $100 billion of the limit by the close of business today, and therefore we had anticipated submitting a certification to Congress later today,” he said. “However, we have been asked by bicameral leadership of Congress to delay certification in order to give both houses time to consider when votes may occur.”


“Legislation approved in August after an impasse between Obama and the Republican-controlled House on raising the debt ceiling gives Congress 15 days to pass a joint resolution disapproving any increase in the limit. The president can veto such a measure and he would do so, if both chambers of Congress passed a disapproval resolution,” said the official.


Updated : 2020-11-30 19:25 GMT+08:00