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Raising the U.S. Debt Ceiling a possibility

Raising the U.S. Debt Ceiling a possibility.

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Raising the U.S. Debt Ceiling a possibility

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  1. Raising the U.S. Debt Ceiling a possibility

  2. After weeks without any hint of a potential compromise between the Obama administration and congressional Republicans over raising the nation's debt ceiling, the White House may be offering a compromise that could lead to a deal to stop a potential default on October 17th. The president will accept a short-term debt ceiling increase in order to get past the potential crisis when the government hits the $16.7 trillion borrowing limit. A short-term increase would give R’s and D’s some breathing room, but by itself would not address the issues preventing an agreement. The last big confrontation over the debt ceiling, August 2011, ended with an 11th-hour agreement under warnings of an economic catastrophe if there was a default. Obama said he is open to talk about his healthcare plan, but only after Congress approves measures to end the government shutdown and raise the U.S. debt ceiling.

  3. In Other News • A New York police officer is the sixth person to be charged in connection with an attack on an SUV driver last month. WojciechBraszczok is allegedly shown in a video pounding on a Range Rover driven by Alexian Lien, who was later beaten. Braszczok was off-duty at the time and riding with a group of motorcyclists. It's not clear if he took part in the beating. The officer faces riot and criminal mischief charges. • The USDA traced a salmonella outbreak to a poultry producer in California. So far, it's sickened 278 people in 18 states. The CDC is working with state health departments to track the outbreak while the investigation continues, but because of the government shutdown, the information may not make it to the agencies' websites. • Boston Red Sox win the ALDS 3-1 against the Tampa Bay Rays.

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