Nightly News   |  January 23, 2013

Debt ceiling limit extended to May

The GOP-controlled House voted to pass a three-month extension to prevent a default on the national debt. NBC’s Brian Williams reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> across town in washington, republicans in the house of representatives today pushed through a bill that will move the debt ceiling deadline to may, at least. while it doesn't solve it entirely, if the senate passes it, and the president signs it as expected, it will put off for now the threat of another political meltdown like the one that led to the downgrade of the u.s. credit rating back