Economy/Business News Alert

House will vote next week on plan to raise debt ceiling for three months

The House will vote next week on a plan to raise the nation's debt ceiling for three months, a new strategy unveiled by Republicans at a retreat in Williamsburg, Va.

The approach is intended to defuse the threat of a near-term government default while putting pressure on the Senate to pass a budget before addressing the debt ceiling for the long term.

Read more at:
http://www.washingtonpost.com/politics/house-republicans-to-vote-on-bill-to-raise-debt-limit-for-3-months/2013/01/18/01347aa2-6190-11e2-b05a-605528f6b712_story.html

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