93822838 Speaker of the House of Representatives refused to negotiate with the White House
Speaker of the House of Representatives and the Republican majority leader John Beyner Friday evening, July 22, said that terminating the negotiations with the Obama administration to reduce government spending and increasing public debt limit. It is reported by Associated Press. The agency notes that the U.S. president was clearly annoyed by the statement Beynera and demanded congressional leaders to come to the White House on Saturday morning to continue negotiations. In a letter sent Beyner Republican faction House of Representatives, reported that he left the talks because of what Obama insists on raising taxes and do not want to cut programs to pay benefits. Beyner also announced that he would try to negotiate with the Senate, the majority of which belongs to the Democratic Party. Obama, commenting on the situation, said that during the day trying to contact Beynerom on the phone, but he did not answer his calls. However, Beyner reported that on Saturday will come to a meeting at the White House. If the limit of U.S. government debt, amounting to 14.3 trillion dollars today, will not be upgraded to 2 August, the U.S. Treasury will be unable to meet all its debt obligations. It threatens the state to new economic crisis, which will have implications for the global economy.
