Obama may be open to short term debt deal:

The White House signaled Wednesday that President Obama could accept a short-term deal to raise the debt ceiling, but only if it appeared lawmakers were close to an agreement on a significant deficit reduction plan.

Obama previously had vowed “I will not sign a 30 day, or 60 day, or 90 day extension.” 

And I believe he will hold to his word, because he does not want a “read my lips” moment.

So expect a 45- day or 75-day extension.