TPM Livewire

NYT: Obama Rejects House GOP's Debt-Limit Proposal

AP Photo / Carolyn Kaster

The report came shortly after Obama's meeting with House Republicans ended Thursday. House Speaker John Boehner didn't speak to reporters after the meeting.

Update: A House GOP leadership aide told TPM that President Obama did not outright reject their offer for a temporary debt-limit increase in exchange for budget negotiations.

Update: The Times story walked back the White House rejection, saying instead, "President Obama and House Republicans failed to reach agreement on a six-week extension of the nation’s borrowing authority during a meeting Thursday at the White House, but both sides agreed to keep talking and the Republican offer was seen as a first step toward ending the budget standoff."