henryclay
Senior Member
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Post by henryclay on Jun 27, 2011 17:16:46 GMT -5
With 5 weeks to go Obama has been pulled (whether it was kicking and screaming is not said), into the debt ceiling talks. . . . . there are huge gaps to bridge. House Speaker John Boehner insists the increase in the limit must be offset with spending cuts without any tax hikes. "These are the realities of the situation," he said. "If the president and his allies want the debt limit increased, it is only going to happen via a measure that meets these tests." www.newsmax.com/Headline/Obama-Boehner-Cantor-DebtCeiling/2011/06/27/id/401589?s=al&promo_code=C830-1
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Post by privateinvestor on Jun 27, 2011 18:12:02 GMT -5
Are they serious about the debt ceiling yet?
The White House announced that Obama said they are making progress but Mitch O'Connell said that statement by Obama is not true they are hung up on "revenues"
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handyman2
Senior Member
Joined: Dec 29, 2010 23:56:33 GMT -5
Posts: 3,087
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Post by handyman2 on Jun 27, 2011 18:21:24 GMT -5
I am beginning to think none of them want the debt ceiling raised. Something weird about the whole thing. or am I just getting parinoid?
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deziloooooo
Senior Associate
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Post by deziloooooo on Jun 27, 2011 18:24:27 GMT -5
"With 5 weeks to go Obama has been pulled (whether it was kicking and screaming is not said), into the debt ceiling talks
It is going as he said it would, Biden with many of the lower members of congress to go as far as he /they could..then Obama and upper leadership to try and come to a agreement..he said this a while ago, many times..so to dramatize it , why?
Whether they come to a compromise , i don';t know if they will, if they do not increase teh debt cealing, we stop paying some obligations..it will not be good..I know some here feel no problemm, in fact looking forward to it, me thinks a bit of voyerism in their mind..lets see what happeens..
I am to old for voyerism, it WILL be bad for the country, interest rates will go up, China and others, will use to get more out of us..take advantage of us, we will suffer..and if the Pubs think it will guarantee them the office with the chair..it can just as well bite them on their back side, IMHO
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deziloooooo
Senior Associate
Joined: Dec 20, 2010 16:22:04 GMT -5
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Post by deziloooooo on Jun 27, 2011 18:25:08 GMT -5
A duplicate..
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Post by privateinvestor on Jun 27, 2011 18:30:00 GMT -5
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Deleted
Joined: May 2, 2024 4:10:21 GMT -5
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Post by Deleted on Jun 27, 2011 18:38:28 GMT -5
I am to old for voyerism, it WILL be bad for the country, interest rates will go up, China and others, will use to get more out of us..take advantage of us, we will suffer..and if the Pubs think it will guarantee them the office with the chair..it can just as well bite them on their back side, IMHO
Deziloooooo, I don't know. I HOPE that your wrong & that Republicans have finally seen the light & some kind of spending cut is included. If it is just political gamesmanship then the country is truly screwed. We can't go on the way we have & even with all the control that the Democrats have they have done nothing to cut spending (actually they increased it). I've known a lot of impracticale people in my life that live way above their means but none of them have come close to the insane spending that congress is doing.
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Deleted
Joined: May 2, 2024 4:10:21 GMT -5
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Post by Deleted on Jun 27, 2011 18:39:19 GMT -5
Oh & I really should add that it's not just the amount but the insane stuff they spend the money on.
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Post by BeenThere...DoneThat... on Jun 27, 2011 18:42:37 GMT -5
...we must NOT raise the debt ceiling... we must make cuts... there is no try...
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Post by privateinvestor on Jun 27, 2011 18:51:01 GMT -5
...we must NOT raise the debt ceiling... we must make cuts... there is no try... You could be spot on because I understand the Republicans are not budging on raising the debt ceiling until they see more meaningful spending cuts, and they claim Obama doesn't want to cut those programs that could hurt his political base and risk losing their votes in 2012.. Where is Nancy Pelosi in all this?? Has she rode in our her high horse and saved the day yet?? Curious minds on the left coast would like to know..
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pappyjohn99
Familiar Member
The driveway needs a little work.
Joined: Dec 21, 2010 1:01:13 GMT -5
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Post by pappyjohn99 on Jun 28, 2011 6:09:40 GMT -5
Where is Nancy Pelosi in all this??
Anyone who thinks this country is headed in the wrong direction hates Nancy more than Barack. After the health care debacle I think they want to keep that old witch under wraps.
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upstatemom
Established Member
Joined: Dec 26, 2010 21:25:05 GMT -5
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Post by upstatemom on Jun 28, 2011 6:17:44 GMT -5
Where is Nancy Pelosi in all this?? Anyone who thinks this country is headed in the wrong direction hates Nancy more than Barack. After the health care debacle I think they want to keep that old witch under wraps. Nancy is trying to get a seat at the table and I bet she is not happy she is being ignored!!
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upstatemom
Established Member
Joined: Dec 26, 2010 21:25:05 GMT -5
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Post by upstatemom on Jun 28, 2011 6:20:14 GMT -5
Does anyone think the debt ceiling negotiations resemble a three ring circus? I do not think they are serious at all, its a game to these incompetent fools!
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ugonow
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Joined: Dec 21, 2010 10:15:55 GMT -5
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Post by ugonow on Jun 28, 2011 6:43:43 GMT -5
"Eric Cantor is pulling out of the debt-ceiling talks. But he’s not saying they should end. In fact, he’s saying they’ve been very successful thus far. “We have a blueprint to move forward to trillions of spending cuts and binding mechanisms to change the way things are done around here,” he said in a statement. Butr having agreed on spending, now the two parties need to agree on taxes. And Cantor doesn’t want to be the one to make that agreement. It’s time, he told the Wall Street Journal, for “the president to come in and talk to the speaker.” Earlier this month, Major Garrett, the congressional correspondent for the National Journal, profiled John Boehner. “It is not by accident that Boehner put Cantor in the room with Vice President Joe Biden to negotiate a debt-ceiling increase and the budget cuts and process reforms necessary to win House passage,” he reported. “Boehner gave up some of his power to protect it. The debt deal must have Cantor’s fingerprints on it.” But nor is it an accident that Cantor is fleeing the room now that the spending cuts have been chosen and the taxes have to be agreed to. For all the reasons that Boehner needs Cantor’s fingerprints on the deal, Cantor can’t put them there. Cantor has the credibility with the Tea Party that Boehner lacks. But that’s why Cantor won’t cut the deal. The Tea Party-types support him because he’s the guy who won’t cut the deal. He can’t sign off on tax increases without losing his power base. But if he’s able to throw it back to Boehner, and Boehner cuts the deal, that’s all good for Cantor: Boehner becomes weaker and he becomes stronger. Which is why Boehner will also have trouble making this deal. It’ll mean he made the concessions that Cantor, the true conservative, didn’t. That’s not how he holds onto the gavel in this Republican Party. " www.washingtonpost.com/blogs/ezra-klein/post/why-eric-cantor-wont-make-the-budget-deal/2011/05/19/AG3FYPhH_blog.html
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Post by privateinvestor on Jun 28, 2011 6:57:32 GMT -5
Are they serious about the debt ceiling yet?
Hard to say Henry....Obama says "Yes", Reid says "I don't know" McConell says "No" Boehner says "Maybe" and Pelosi says "Why am I being ignored?"........All I can say is " I don't have a clue"
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ungenteel
Familiar Member
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Post by ungenteel on Jun 28, 2011 22:32:56 GMT -5
not unless defense spending is on the table ... troops in Japan, Korea, Germany, Israel, Egypt and others ... bring them back and spend the associated money in the U.S.
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Post by privateinvestor on Jun 28, 2011 23:49:25 GMT -5
Obama is supposed to have a press conference tomorrow and will more than likely address this impasse and probably blame the republicans again...
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AGB
Familiar Member
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Post by AGB on Jun 29, 2011 0:01:03 GMT -5
Obama is supposed to have a press conference tomorrow and will more than likely address this impasse and probably blame the republicans again... Yay, yet another campaign speech...
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ugonow
Senior Member
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Post by ugonow on Jun 29, 2011 7:00:26 GMT -5
Republicans: Walkout from Biden-led negotiations was long planned By Molly K. Hooper - 06/23/11 08:55 PM ET GOP aides and lawmakers said House Majority Leader Eric Cantor’s (R-Va.) decision to exit debt talks led by Vice President Biden was inevitable. The timing of Cantor’s exit from the talks has been discussed for weeks, and senior House Republicans cast it as a natural progression for the negotiations. “There have been discussions about when these talks need to end and when the Speaker and the president need to get in the game,” one GOP aide explained. Democrats suggested Cantor’s decision was meant to undermine House Speaker John Boehner (R-Ohio) by forcing him to decide whether the elimination of any tax breaks would be included in a final deal to raise the debt ceiling and reduce annual deficits. But Republicans pushed back hard at that narrative, describing a coordinated effort that was weeks in the making. Boehner spokesman Michael Steel said Cantor consulted Boehner Thursday morning before announcing his decision to leave the talks, which puts those negotiations in limbo. Congressional spectators, the media and lawmakers have been carefully tuned to the relationship between Cantor and Boehner since the duo ascended to their current positions in GOP leadership. Cantor is seen as a potential future Speaker, and political operatives are constantly looking for signs of division between the two — particularly for signs that Cantor is trying to make a play for conservatives in the conference. thehill.com/homenews/house/168287-republicans-biden-group-walkout-was-long-planned
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ugonow
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Post by ugonow on Jun 29, 2011 7:07:04 GMT -5
And why not? Walking away from the table will delay negotiations.From what I gather, there was no impasse per se..Cantor admits they agreed on trillions in cuts and thinks it should be the president and the speaker of the house to deal with the tax break issue. I read that to mean he does not want to tick off the tea party by being a part of the other side of the deal.
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