HONOLULU, Hawaii (AFP)
President Barack Obama will delay asking Congress for $1.2 trillion to raise the US government’s debt ceiling to allow vacationing lawmakers time to weigh the request, officials said Friday.
The Treasury said earlier this week that the government was due to hit its debt limit of $15.2 trillion in the first week of January. Since the government would shortly be within $100 billion of that level, officials said that Obama would
request an increase. Tip NEWS