Pres. Obama agrees to delay submitting a request to Congress for an increase in the debt ceiling...

|By:, SA News Editor

Pres. Obama agrees to delay submitting a request to Congress for an increase in the debt ceiling to allow lawmakers the opportunity to hold a vote on the measure when they return from their holiday break. The Treasury Department is enacting accounting measures to keep the U.S. from hitting the debt ceiling and defaulting on its debt, a WH official says.