grunt11b
VIP Member
John Boehner walks away from debt talks - Political Hotsheet - CBS News
President Obama is speaking now.
Boehner walked away from Obama on debt talks, not debt talks themselves. Just wanted to point that out.
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John Boehner walks away from debt talks - Political Hotsheet - CBS News
President Obama is speaking now.
President Obama says House Speaker John Boehner "walked away" from debt talks over "an extraordinarily fair" deal.
No details yet. Get ready for double digit interest rates. It should make Bachmann happy!
Why dont you support spending cuts? Do you really like burdening your fellow Americans by taxing their labor why politicians glut themselves?
Very young? I'm 57.
Reagan and the two Bushes created 93% of the National Debt by lowering taxes for the rich.
Here are the links to the Treasury website...
ReaganBushDebt.org Calculation Details
Obama has added 4 trillion just in the last 2 and a half years. Throw in Clinton and you ain't that far from half of the debt. You might need some help with your math. And if you think it was all from lowering taxes on the rich then you really are misinformed.
Sorry buckaroo, but the 2009 budget was Bush's.
And when you are in an deflationary spiral the government HAS to be the demand of last resort. The stimulus saved us from another Great Depression. And who caused this economic collapse? The Bush administration.
And the rich have had their average tax rate lowered from 26% to 17% just in the last 20 years.
Why should democrats even have a say in this? They have not put anything on paper regarding a budget in over 800 days......
The senate and the president will have a say in this. The House will do what the teaparty wants them to do and America will object and say so at the voting booth.
Compromise is not in the vocabulary of the Tea Party. The country is being run by a man that holds no office. Grover Norquist is probably telling Boehner what his next move is right now. Enjoy the view of being a 3rd world country.
The entitlements that need to be cut is welfare and SSI checks for minorities.
if stupid was money, you'd be george soros.
Compromise is not in the vocabulary of the Tea Party. The country is being run b a man that holds no office. Grover Norquist is probably telling Boehner what his next move is right now. Enjoy the view of being a 3rd world country.
What are you talking about? Republicans are the ones offering the Compromise. The Democrats want to raise the debt ceiling. We will do that if you do immediate spending cuts and put a balance budget amendment up for a vote.
You are just upset that Republicans are actually trying to get something out of this deal. How dare they make the President compromise for something he wants.
I think there's some frustration over the Republicans using lame American-specific procedural tactics to achieve their ends. No other country votes on a budget . . . and then has a separate vote on whether to raise funds for it. Likewise, I know of no other foreign counterpart to the filibuster.
And let me preempt you: the Democrats are no better as they've abused the same tools when they could.
John Boehner walks away from debt talks - Political Hotsheet - CBS News
President Obama is speaking now.
When adults act like children, I just can't help but shake my head.
Ironically (or maybe not), conservatives seem to enjoy childish behavior in their reps and their favorite AM talk radio hosts since so many conservatives always seem to cheer when one of them has a public tantrum.
If these guys were kids (in terms of age and not just behavior) an adult would have no other choice than to give them a time out (or a spanking).
Why should democrats even have a say in this? They have not put anything on paper regarding a budget in over 800 days......
The senate and the president will have a say in this. The House will do what the teaparty wants them to do and America will object and say so at the voting booth.
Do you believe that the Republicans' corporate masters are just going to let the tea party poopers screw up the economy?
This may just be kabuki theater performance which is meant to create the a show that Boehner is hanging tough and holding out for the best deal possible
Obama has added 4 trillion just in the last 2 and a half years. Throw in Clinton and you ain't that far from half of the debt. You might need some help with your math. And if you think it was all from lowering taxes on the rich then you really are misinformed.
Sorry buckaroo, but the 2009 budget was Bush's.
And when you are in an deflationary spiral the government HAS to be the demand of last resort. The stimulus saved us from another Great Depression. And who caused this economic collapse? The Bush administration.
And the rich have had their average tax rate lowered from 26% to 17% just in the last 20 years.
The Obama Stimulus bill that cost nearly a trillion bucks wasn't in Bush's budget, and neither wa that ridiculous Omnibus spending bill that had nealry 10,000 earmarks for the Dems to payback their supporters at a cost of over 400 billion wasn't in Bush's budget either. Don't be weaseling out of it, Obama has been the biggest spendthrift in history, by the time his 4 years are up he will have eclipsed Bush43's 8 years of spending by quite a bit.
And BTW, Better than 2/3 of the Bush tax cuts went to the unrich, so your claim that the tax cuts to the rich are responsible for the debt is nonsense. It was the irresponsible spending, which I would agree Bush43 was as guilty as anybody else. But cut the crap, trying to blame it all on the GOP is BS.
The senate and the president will have a say in this. The House will do what the teaparty wants them to do and America will object and say so at the voting booth.
Do you believe that the Republicans' corporate masters are just going to let the tea party poopers screw up the economy?
This may just be kabuki theater performance which is meant to create the a show that Boehner is hanging tough and holding out for the best deal possible
Corporations don't matter at this point, once the tea party takes hold it's game over. There wont be anymore corporate fascism for chums like Obama and Bush. Game over.
Unfortunately, the Senate Democrats don't have to do anything. This is a House Republican initiative to reduce spending by threatening the nation with default. If it blows up in their face, it is they who will face the consequences at the polls. However all Americans will face the consequences long before the next election.Compromise is not in the vocabulary of the Tea Party. The country is being run b a man that holds no office. Grover Norquist is probably telling Boehner what his next move is right now. Enjoy the view of being a 3rd world country.
What are you talking about? Republicans are the ones offering the Compromise. The Democrats want to raise the debt ceiling. We will do that if you do immediate spending cuts and put a balance budget amendment up for a vote.
You are just upset that Republicans are actually trying to get something out of this deal. How dare they make the President compromise for something he wants.
Unfortunately, the Senate Democrats don't have to do anything. This is a House Republican initiative to reduce spending by threatening the nation with default. If it blows up in their face, it is they who will face the consequences at the polls. However all Americans will face the consequences long before the next election.
The House gave them a bill and Harry Reid shot it down.
Nether Obama nor the Dems in the Senate are doing a darned thing.
They wanted a tax increase so they could brag about it. The Repugs didn't fall for their tricks, so now they're down to crying about how the GOP is the one not doing anything.
The republicans bill was a piece of crap, just like the Ryan budget. it was only passed in the House to make suckers like you think they were doing something. Where was Cut, Cap and Balance from 2000-2006 when they had the votes to pass it and make it law?
Here is the legacy of George W Bush...
http://www.americanprogress.org/issues/2011/06/pdf/low_tax_graphs.pdf
The lowest federal revenues in 60 years. The Bush tax cuts, along with the wars he began nowhave us on the brink of default....
Promising future cuts is giving nothing since no future Congress, and not even this congress, is bound to the current deal. Let's see some real immediate cuts right now. He wants the debt ceiling raised, he needs to compromise if he is going to get it.
My point exactly. Any deal that claims trillions DOWN the road is no deal at all. The Budget is a yearly process. There is no promise that can be enforced to make future Congresses and Future Presidents live up to any Future cut.
CUTS NOW are what is needed.
How much should be "cut now" and from where?
well the gauntlet has been thrown, boehner said they had a deal at 800 Billion in increased revenues that he boehner agreed to along with cuts, then Obama at the last minute changed his mind and stepped away asking for more money ( 400 billion more)....*shrugs*
obama said earlier that he would provide notes to the meeting, cannot wait, someone is fibbing...
so to be clear it appears, that is appears that Obama wants 1.2 trillion of new revenue...?what was the deal on cuts, exactly? we'll have to wait and see.
$1.2 trillion in new revenue with a $14 trillion debt. Wasn't Obama's earlier plan $3 trillion in cuts and $1 trillion in new revenue?
President Obama says House Speaker John Boehner "walked away" from debt talks over "an extraordinarily fair" deal.
No details yet. Get ready for double digit interest rates. It should make Bachmann happy!
There is no doubt that the Republican leadership hopes to create a crisis for political purposes. Boehner and Cantor and the rest can point fingers at the Democrats and Obama but only the most partisan will be convinced.
I suspect there is a good deal of voter regret across America tonight and that regret will turn to anger if the limit is not raised and the even a modicum of the worst happens. First Cantor and then Boehner - the supposed Speaker of the House - simply walk away. How long would you keep your job if you did the same?
It's hard for me to believe that you would walk away from the negotiations at this point in time. Is it really that fucking difficult to sit down and work it out? If you don't like the idea being brought to the table by the other guy then fight against it. Don't just walk away from the negotiations entirely. That's about as childish as it gets.
no but I'll take the word of man who has passed 2 bills out of his house on to the senate.
Obama has done ZIP.
cbo director elmendorf- " we don't analyze speeches"....
and obama says hes been left at the altar?
still waiting for those plans btw....
Obama was in the middle of negotiating a plan and Boehner decided to call off the negotiations. That's what fucking happened.