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McConnell: Debt-Ceiling Deal May Be for Short-Term

By Associated Press / WUKY Staff

WASHINGTON – The Senate's top Republican is suggesting a short-term increase in the nation's borrowing limit unless there's deal soon that includes changes to big entitlement programs.

With Democrats in control of the White House and Senate and Republicans holding the majority in the U.S. House, Mitch McConnell of Kentucky says President Obama should work across party lines.

"I was hopeful that we would step up to the plate if you will and use this divided government opportunity to do something big about our long-term problems. I don't have any more complaints about conversations with him. I've had plenty about conversations with him. What I don't see now is any willingness to do anything that's difficult."

McConnell appeared Sunday on CBS' "Face the Nation."

Economists and Obama administration officials are warning of a calamity if the government defaults on its obligations.

Vice President Joe Biden is leading bipartisan talks on the debt limit and cuts in federal spending.