White House delays debt ceiling increase request
December 30th, 2011
02:17 PM ET

White House delays debt ceiling increase request

The White House announced today that a planned request for Congress to approve an increase in the nation’s debt ceiling would be delayed by several days in order to prevent Congressional leaders from being forced to call members back early from their holiday recess.

According to Deputy White House Press Secretary Josh Earnest, the Budget Control Act passed earlier this year allows the President to “submit a written certification to Congress when the debt subject to limit is within $100 billion of the debt limit” and request an increase in the nation’s borrowing limit. After that certification is submitted, Congress has 15 days to vote on a resolution of disapproval – if they so choose.

If the White House was to submit its certification today, Congress would be required to come back early to voice its objections to the debt limit increase, as both the House and Senate are not due back in session for several weeks.

“As indicated on Tuesday, 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 pursuant to the Budget Control Act,” Earnest said in Honolulu today. “However, we have been asked by the bicameral leadership of Congress to delay certification in order to give both houses time to consider when votes may occur given the current Congressional schedule. The president has agreed to Congress' request to delay submission of the certification, which he has the flexibility to do under the Budget Control Act.”

When exactly the certification would be submitted was not clear, but a senior White House official said that the delay should last days, not weeks. If both the House and the Senate voted to disapprove of the increase, the official said that the president would veto the resolution, and the debt ceiling would increase nonetheless.

The White House is saying that this move was taken to make it easier for members of Congress, and that this should have no impact on the credit worthiness of the country. There’s no specific estimate as to when exactly the country will run through its last $100 billion of borrowing ability, but according to the White House official, the Treasury Department will be able to employ some of the same accounting tricks it used over the summer to ensure that the debt limit is not reached before Congress has a chance to vote.

Brendan Buck, a spokesman for House Speaker John Boehner, said in a statement: "Our members want to vote on the resolution of disapproval provided in the Budget Control Act. It was our preference not to call members back early to do so, but would have if the timing of the submission required it."


Topics: The News

soundoff (37 Responses)
  1. jerry

    oh really? Got to put a spin on it now...eh? Good luck bo the voters have your number now...its cut spending or nothing, which by the way kind of takes your power away don't it.

    December 30, 2011 at 2:35 pm |
    • 1FreeWorld

      ALERT! ALERT!
      CNN ALERT!!!

      SCdemocRAT is talking about Linching here,,,,

      OOOOppps,,,

      Can we get CNN to protect their BLOGGERS?

      CAN CNN Find this Guy and protect fellow Bloggers from Linchings????

      Where is the Union Police when you need them??? Oh, they are on stike today,,,,, Hmmmm,,,

      Time for the 2nd Amendment to protect Family, Home, and Self from Lefties and the KKK (Southern Democrats, Look up History and
      "West Virgina Bird Clinton KKK" and wake up Bro,,, err, Minorities!

      I know, I am supposed to be an idiot,,, but all the minorities need to look this up.

      YOU WILL THANK ME!

      December 30, 2011 at 7:07 pm |
      • 1FreeWorld

        scdemocrat

        DUDE, you are so sad. You should take one those tree-hugger's tree and make like a leaf...hang@

        December 27, 2011 at 10:47 pm |

        December 30, 2011 at 7:11 pm |
      • 1FreeWorld

        By the way,,, it was the Republicans that stopped Slavery in the USA (Lincoln was a Republican).

        It was the Southern DemocRATS that started the KKK.

        Might be fun to look at the following RUSSIAN – Socialist – Marxist clip for a little humor!

        [youtube=http://www.youtube.com/watch?v=pYvZ2xMqc0k&w=640&h=360]

        Federal Government wants to tell Mexicans and Orientals and Cubans and Eskimos and Inner City Youth what they need to learn,,, and then,,, maybe even, tell them what to eat,,, and maybe tell them what the price of Gas will be,,,,

        I know,,, Libs will call me an idiot,,,, Look up "Useful Idiot on the Liberal Wilepedia" (has something to do with Hope and Change (wink)

        Let me know what you found out about Maxism and Communism...

        GOD BLESS YOU ALL!

        December 30, 2011 at 7:22 pm |
      • 1FreeWorld

        Will CNN prosecute this Hater with his loosly veiled threat?

        Will CNN protect all the others here from this guy/gal?

        December 30, 2011 at 7:26 pm |
      • 1FreeWorld

        Lesa Janse from CNN is a DCommie that likes to quell Free Speech.

        Get out, really?

        Do you see any free speech in her delightful News?

        Bless her Heart,,, she is about 10 fries short of a happy meal.

        She also has to pay for the toy!

        My Heart bleeds for the young thang!

        January 2, 2012 at 8:30 pm |
      • 1FreeWorld

        Is the guy in the White House's name Barry or Barack?

        What does his Birth Paper say?

        CNN, Tell us pulllease!

        Barack , after his Formally wedded Father's Name?

        Can we get his Father's Signature on that Birth Paper?

        Can we get the Marriage License?

        Was he just another Commie to visit with the mother?

        Please,,, Let us see the paperwork!

        Liberals want to know!

        Liberals will use the information to quiet the Ignorant Repos!

        January 2, 2012 at 9:07 pm |
  2. Tom

    Why have charges not been brought on this guy? Obama is the most corrupt pres I have ever seen. I cannot believe the american people have not taken up arms!

    December 30, 2011 at 2:42 pm |
    • Trace

      Pretty Thick Headed comment even from an imbecile. Pick up a news paper or read the agreement online somewhere that during the last debt ceiling debate, the GOP/Tea-Potty fools you so ignorantly support, refused to CUT SPENDING as the president requested to $4 trillion dollars. Therefore, they wanted the imbeciles to complain that the President keeps asking for increasing everytime the ceiling is reached.

      One more little tidbit of knowledge for you Tom; these are debts from the previous administration that have ALREADY BEEN Approved by congress to pay. Otherwise we default and our credit rating takes a nose dive. That means borrowing money is more expensive.

      I wish people like you would learn something so its not so frustrating hearing your un-informed whining.

      December 30, 2011 at 5:42 pm |
      • 1FreeWorld

        let me get this right,,,

        Those that believe that our Freedoms of Life, Liberty, and Happiness, come from God, simply because we were born with certain Rights, are idiots,,,

        and those that believe that our Freedoms of weight control, more taxes, and higher gas prices,,, come from Government are smart....

        Ask the North Koreans, Chinese, Russians, and Cubans, the one they want to turn to!

        Dear Leader Obumer,,,, can we go to Hawaii and Party with you,,, I mean all of us?

        December 30, 2011 at 7:46 pm |
      • 1FreeWorld

        Let's see where this goes!

        [youtube=http://www.youtube.com/watch?v=WC4SZ91sqe8&w=640&h=360]

        Free Lesson 4 U!

        January 2, 2012 at 7:47 pm |
      • 1FreeWorld

        A sound bite would be about 5 seconds,,,,

        I am not a sound bite kid-a-guy!

        I like to hear it all and I am sure you do also!

        So if ytou have 2 or more minutes,,,, take a listen

        January 2, 2012 at 8:06 pm |
      • 1FreeWorld

        Want a sound bite?

        Here is about 6 minutes of a 5 second sound bite!

        If you are for wHous Hinee,,, this will take you about an hour....

        If you are for Freedom, you will not be able to get enough of it!

        [youtube=http://www.youtube.com/watch?v=tOqfgBVYUqE&w=640&h=360]

        Let us know your thought around the world!

        As you know, the Internet is AROUND THE WORLD!

        January 2, 2012 at 8:16 pm |
    • 1FreeWorld

      [youtube=http://www.youtube.com/watch?v=_S291QqxkTs&w=640&h=360]

      December 31, 2011 at 9:45 pm |
      • ddblah

        Freeworld: I don't know what's wrong with you, somehow your posts have the effect of driving the readers exactly to the opposite direction of what your posts intended. They just look really foolish.

        Well, a sound-bite-chewing guy like you can hardly have any other effect, I guess. It's a genetic problem. Called genetic deficiency?

        January 2, 2012 at 7:07 pm |
  3. george of the jungle

    jerry you are a jerk.

    December 30, 2011 at 2:45 pm |
    • GET REAL

      HE'S NOT A JERK, HE IS A JA. GOSH, HOW CAN WE DARE DISRUPT CONGRESS WHILE ON VACATION, A HOLE NEED TO WORK AND PEOPLE COMPLAIN ABOUT POTUS VACATION, LOOK UP GWB TIME OFF AT HIS RANCH AND CAMP DAVID. YES AND I'M SHOUTING!

      December 30, 2011 at 3:36 pm |
      • 1FreeWorld

        When any 20 year old women, that likes to use her hands, is divorced from thier 1st Husbands (from wherever they came from, for example Kenya, where the Husband was a British Subject)

        Btw, and was impregnated by the first British Subject's Husband, with, or without a marriage license,,,(where were they married???)

        So a guy finds a sexy white woman from Kansas,,,, and impregnates her,,, (where were they married and where is the Marriage License???)

        Just trying to get the story straight....

        Hmm, Dunham never changed her name to her Hubbies name!

        Nothing wrong with that,,,

        Latinos like to add the Sir Name of the Mother's and the Father's sir name to make their last names...

        Could it be Ann Dunham-Obama,,, or would that be Ann Obama-Dunham?

        Any Lations here that would like to educate the folks on which parent's name comes first?

        Thank you!

        But Ann Dunham is the Mother of the the adopted son of the Indonesian Sister! And probably with the adoption, he lost his British Citizenship!

        Wow,,

        this is complex!

        Happy New Years President Barry Sotero and Dunham and Obama, from whichever country you are from!

        December 31, 2011 at 9:11 pm |
    • jerry

      Ok, I'm a jerk. Doesn't change a thing does it? This is with doubt the most anti-American president we have ever had...nearly every thing he has had a hand in has been just horrible for America...domestically and abroad. We will continue to clean out this mess in our leadership in NOvember 2012...many of the repubs who're not doing their jobs will go too...

      December 30, 2011 at 4:39 pm |
      • GET REAL

        No your not a jerk, your just plain ignorant. The Most Anti American, really! Everything he has had his hand on is just been horrible, WOW, and we wil have to clean up after him in 2012, JA this administration is still cleaning up after GWB and the shit hole he left us in, what are you smoking.

        December 30, 2011 at 6:50 pm |
      • 1FreeWorld

        @Jerry,,,
        This is for George of the Idiots,,,
        It also applies to this post too!

        Hey George of the Idiots!

        Watch this! In the other CNN Blog,,,it was mentioned,,,

        """"Four years ago, Mr. Obama's surprising eight-point win in theIowacaucuses gave him the initial momentum that eventually allowed him to surge past Hillary Clinton in a long nomination fight."""""

        Where is Barak's first name and wHous Hinee's middle name?

        Can we even say Barack or wHous Hinee on this Blog????

        None of the Monitors, Posters, or Bloggers even mention his 1st or 2nd name!

        We can say Sec of State's Hillary's First Name and Speaker of the House's First Name John,,,here...

        Oh Sec of State is a lady!
        Just like Michele Bachmann! oh, Michele Bachmann and Allen West in 2012!

        I bet you don't know either, slick tin hat Georgie!
        Just trying to be like you George of the Tin Hat Haters! (wink)

        December 30, 2011 at 8:44 pm |
      • ddblah

        It actually change at least one thing: you are a jerk. That's why nobody should pay attention to what you said. That's why you need to change.

        January 2, 2012 at 7:09 pm |
    • 1FreeWorld

      Hey George of the Jungle,,,

      I want to be like you and the rest of the Libs,,,,

      George, you are a Jerk! U R an Idiot, I am hoping wHuse-Hinee and his wonderful children and his Wife with the $2k Dress are having a great vacation in his home town of Massachucettes, Connecticut, Kenya, Hawaii, Indonesia, and all the other places he is from (I mean today) will have a Merry Christmas and a Happy Lowest Bow to all the other Heads of Soverigen Countries!
      Tell me what part of this post is wrong???? Don't tell me I am a tin hat or a fellow Lib,,, I want to be like you my friend!

      December 30, 2011 at 7:56 pm |
      • ddblah

        What part of your post of Jerry's post was wrong?

        Where do we start?

        Jerry, as he said proudly, is a jerk. Why should anybody pay attention to what a jerk has to say? I guess that goes his all posts.

        As for you, I commented earlier, I found your posts have just exactly the opposite effect because your posts are extremely childish. I'd like to ask you: have you graduated from high school yet?

        January 2, 2012 at 7:12 pm |
  4. Joe

    With Obama in office until 2016, we are Greece. Nanny State!

    December 30, 2011 at 2:51 pm |
  5. m

    Tell those losers in Congress to get their sorry butttts back to the Capitol and get to work.

    December 30, 2011 at 3:20 pm |
    • janelle

      Actually, every day they stay away is a day they are not increasing our debt and a day they are not stupidly spending our hard earned money. I say keep them away from Washington for as long as possible!

      December 30, 2011 at 11:14 pm |
  6. Jason

    One day soon, our reckless economic and military ignorance will be called an act of war. Who will come save us from ourselves? Will they say they are defending their strategic interests? What if they say they are protecting the freedoms of humanity?

    What if sound money and jobs are only possible when we aren't sending $5 billion out of this country every day?

    What if Christianity teaches peace and not preventative wars and aggression?

    What if we save ourselves?
    Ron Paul & Jon Huntsman 2012.

    December 30, 2011 at 4:27 pm |
  7. Trace

    OK...Here is ONE SHOT at informing the complete numbskulls that will be posting complaints about the President on this topic.

    1).....DURING THE LAST DEBT CEILING debate, that tanked our credit rating, the President asked for a $4 trillion reduction on the debt. The knuckle dragging GOP/Tea Potty's refused to support Boner and the only agreement was for $1.2 trillion. Which Means; Everytime the debt ceiling is reached, the President has to request an increase. It was understood by everyone except the least intelligent amongst us, the President would have to ask for three (3) increases before the 2012 elections. It was Politics Plain and Simple and red meat for Fake News fans.

    2). THESE ARE DEBTS ACCUMULATED BY THE PREVIOUS ADMINISTRATIONS AND APPROVED BY PREVIOUS CONGRESSES. How hard is it to realize that $15 trillion in debts did not come under Obama. This President has racked up $1.3 trillion in 3 years. The Stimulous approx. $820 b, and the bailout of the Financial System (originally done under Bushy Jr) for $794 b...

    Geesh You Tea-Potty people are pathetic. Debts just don't show up because this country has a Black President. THEY WERE ACCUMULATED BEFORE HE TOOK OFFICE.

    ARRGGGGHHHH! For once, just sound like you know what the heck you're complaining about as opposed to being the petulent village idiot

    December 30, 2011 at 5:53 pm |
    • Time.ToThink

      You are correct to some extent, but also biased.

      In item 1, the negotiations by the Dems were disingenuous looking to make political points. Obama new that the Repubs ran on no new taxes, and in 2010 he and the Dems said raising taxes would significantly hurt the economy, but changed their position to try to hurt the Repubs.

      Item 2, a major factor is loss a revenue due to the housing collapse combined with increased cost. Obama contributed to this with the stimulus package (that according to the CBO will have minimal impact on jobs on 2012) and with increasing the cost of the war in Afghanistan. All of this is further compounded by the lack of a budget.

      Your position is degraded by the name-calling. Don't resort to demagoguing, because that always clouds credibility.

      Blaming everything on Bush is just as wrong as blaming Obama now. Both parties are playing politics and if we really want change, don't elect any incumbents.

      January 2, 2012 at 4:00 pm |
  8. 1FreeWorld

    @Charlotte

    The Ruskies want to wish Barack wHous Hinee a Happy Holiday Season too!

    Those Ruskies are Randy! (wink)

    [youtube=http://www.youtube.com/watch?v=pYvZ2xMqc0k&w=640&h=360]

    May God Bless the USA!

    December 30, 2011 at 9:08 pm |
  9. janelle

    We need another raise in the debt ceiling already?!? The need for that ought to be so embarrassing for this administration. But, I guess they have no shame.

    December 30, 2011 at 11:15 pm |
  10. Sonnie2

    Kick the can down the road is what the current congress and the potus is really good at. We are run by a leaderless bunch of loonies. tax and spend and control is all they care about. Our Liberties and Freedoms our fore fathers fought and died for are at risk here big time. We can clean up this mess with voteing the bums out of office and put in a new leaner, America First, instead of the me first politicians we now have. Term limits would solve most of the probelm we have. All get big money out of the elections and let Joe the Plumber and Ann the seamstress have equal ability to the air waves as the billionares who run this country now. Let be reprsented by common people that we are and not the wealthy

    January 1, 2012 at 11:37 pm |
  11. tomclements

    Raise the debt ceiling are the four best words to remind everyone (which apparantly everyone has forgotten), the reason the house was flipped mid term. It also reminds everyone why the tea party is important. Most on this blog are really just quick to blame the tea party for everything that is bad about government. Those four words really remind us that the tea party are the only ones who really are willing to risk everything to do the right thing. Do you really think Obama is willing to risk everything as he considers the best time to ask for more money from your children.

    January 2, 2012 at 9:35 am |
  12. gtsmoker

    It was supposed to be done in August.
    Maybe another downgrade will get his attention.

    January 2, 2012 at 6:20 pm |
  13. 1FreeWorld

    WOW,,, the CNN Folks have removed all the posts from the Libs,,,,

    Now why in the world would they do that?

    Opps...

    The Libes are about to go to http://www.attackwatch.net!

    See if your name is on Dear Leaders ATTACKWAAAATCCCHHHH

    http://www.attackwatch.net/

    and report all the Sotero Clingons!

    January 2, 2012 at 9:22 pm |
  14. lauren

    um....... first ya need to stop douting presdent obama because he is the fire black president ok give him a chance most people dont like him because hes black well thets stupid black peple can be smart hay we did create the stop light

    January 5, 2012 at 7:57 pm |