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United States News
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Title: Boehner breaks off debt talks
Source: WTOPNews
URL Source: [None]
Published: Jul 22, 2011
Author: Mark Knoller
Post Date: 2011-07-22 18:08:18 by go65
Keywords: None
Views: 58121
Comments: 113

Speaker Boehner breaking off talks with Pres Obama. House leaders will negotiate with Senate leaders instead.

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 15.

#1. To: All (#0)

if there's no agreement by the time the market opens on Monday, it's going to be a blood-bath.

go65  posted on  2011-07-22   18:08:41 ET  Reply   Untrace   Trace   Private Reply  


#2. To: All (#1)

An irate Obama said he's summoning Congressional leaders to the WH tomorrow after 11 AM to tell him how they are going to avoid default.

go65  posted on  2011-07-22   18:37:40 ET  Reply   Untrace   Trace   Private Reply  


#3. To: go65 (#2)

An irate Obama said he's summoning Congressional leaders to the WH tomorrow after 11 AM to tell him how they are going to avoid default.

And their response should be very simple:

ESAD.

Capitalist Eric  posted on  2011-07-22   18:50:19 ET  Reply   Untrace   Trace   Private Reply  


#6. To: Capitalist Eric (#3)

And their response should be very simple:

ESAD.

Yep. I do have to admit that Boehner and the House Republicans are holding up better than I thought they would.

Contrast this with the castrated GOP cowards in the Senate who propose to give Obama carte blanche to run up $2.5 trillion more in debt in the hopes that the voters will blame him for digging us deeper into a hole.

jwpegler  posted on  2011-07-22   19:06:18 ET  Reply   Untrace   Trace   Private Reply  


#9. To: jwpegler (#6)

Yep. I do have to admit that Boehner and the House Republicans are holding up better than I thought they would.

Boehner contradicted himself twice in about 12 minutes today - saying that both they were never close to a deal and that they were close to a deal and after saying Obama wasn't trustworthy because he "moved the goalposts" he said he trusts Obama.

If you like this sort of flip-flopping you must love Mitt Romney.

Contrast this with the castrated GOP cowards in the Senate who propose to give Obama carte blanche to run up $2.5 trillion more in debt in the hopes that the voters will blame him for digging us deeper into a hole.

You seem to have little understand of the budget/appropriations process. The reason Obama is asking for the debt ceiling to be raised is because Congress, with a House of Representatives in Republican hands since January of 2011, APPROPRIATED more spending then the country can afford without borrowing. The correct course of action here to avoid default is for Congress to raise the debt ceiling, then tackle spending during the fall budget fight.

go65  posted on  2011-07-22   20:37:12 ET  Reply   Untrace   Trace   Private Reply  


#15. To: go65 (#9)

Boehner contradicted himself twice in about 12 minutes today - saying that both they were never close to a deal and that they were close to a deal

What specifically did he say. Sometimes you don't understand what is said or you twist stuff. So tell us specifically what the contradiction was.

A K A Stone  posted on  2011-07-22   21:04:45 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 15.

#27. To: A K A Stone (#15) (Edited)

What specifically did he say. Sometimes you don't understand what is said or you twist stuff. So tell us specifically what the contradiction was.

Read the below from his news conference and see if you can parse it - then compare with his statements that there was no deal:

-----

"We had an agreement on a revenue number -- a revenue number that we thought we could reach based on a flatter tax code with lower rates and a broader base that would produce more economic growth, more employees and more taxpayers, and a tax system that was more efficient in collecting the taxes that were due the federal government, There was an agreement on some additional revenues until [Thursday] when the president demanded $400 billion more, which was going to be nothing more than a tax increase on the American people, and I can tell you that Leader Cantor and I were very disappointed in this call for higher revenue.”

“The extra $400 billion would have had to come from increasing taxes on the very people that we expect to invest in our economy and to create jobs, I gave the president’s proposal serious consideration, but let’s understand something: there was an agreement with the White House at $800 billion in revenue. It’s the president who walked away from his agreement and demanded more money at the last minute.”

He says in the same statement that there was an agreement for $400 billion in revenues, and $800 billion in revenues. And he's repeatedly said that there was no agreement.

go65  posted on  2011-07-22 21:36:53 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 15.

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