Saturday 16 July 2011

GOPers blow off Obama’s bogus deadline to decide on debt plan




Good!

Way to hang tough and continue to make Obama sweat this out. After all, this deficit is his doing and now he’s trying to come off as fiscally responsible?

Gimmie a break!

The American people are not stupid enough to fall for the typical media spin that suggests Obama know what the heck he’s doing.

The Hill

House Republican leaders have missed a 36-hour deadline President Obama set during a Thursday meeting for lawmakers to give him a plan to avert a national default.

The deadline came and went Saturday morning without a response from House Speaker John Boehner (R-Ohio).

Instead, Boehner and House Majority Leader Eric Cantor (R-Va.) plan to move the Cut, Cap and Balance Act on the floor next week, which would require passage of a balanced budget amendment to the Constitution before the debt limit is raised.

A House GOP leadership aide said at noontime Saturday that Boehner and Cantor did not send Obama a revised proposal to raise the debt-limit, as the president requested.

A White House official said talks continue despite the missed deadline.

"The president, vice president and staff have been in frequent communication with leaders and staff in both chambers and parties, discussing various options," said the official.

At a meeting late Thursday afternoon, Obama gave congressional leaders 24 to 36 hours to meet with their colleagues to figure out a plan that could pass both chambers.

“It’s decision time,” Obama said.

Ignoring Obama’s directive, Republican leaders are coalescing around the Cut, Cap and Balance bill that is expected to pass the House but has virtually no chance in the Democrat-controlled Senate.


More here

Memeorandum