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Obama Condescends To Meet GOP Leaders

From a white-knuckled Reuters:

Obama to meet Congress leaders Thursday on debt

By Steve Holland and Alister Bull | Reuters – Tue, Jul 5, 2011

WASHINGTON (Reuters) – President Barack Obama rejected proposals on Tuesday for a short-term deal to raise the U.S. debt limit and pressured congressional leaders to reach a broad agreement within two weeks to avoid a government default by August 2.

Obama invited Democratic and Republican leaders of the U.S. Congress to the White House on Thursday to take stock of the stalled negotiations to reach a deal on budget cuts that would give Congress political cover to raise the $14.3 trillion debt ceiling that caps U.S. borrowing…

Democrats and Republicans have reached a rough agreement on billions of dollars in government spending cuts but are at loggerheads over taxes.

Democrats want to increase taxes on wealthier Americans to help lessen the deficit, while Republicans refuse any tax increase, fearing it would worsen the country’s 9.1 percent jobless rate.

Note that even Reuters isn’t bothering to use the Democrats’ fig leaf language about ‘closing loop holes’ and cutting ‘subsidies.’

The White House is looking to clinch a deal by July 22 to soothe market fears and give Congress time to approve it

Republicans were skeptical that a new White House meeting would make much difference.

"I’m happy to discuss these issues at the White House, but such discussions will be fruitless until the president recognizes economic and legislative reality," House of Representatives Speaker John Boehner said in a statement…

And never mind that the Republicans asked for this meeting. And, in fact, that they have been rebuffed once before.

Republican Senator John Cornyn floated the idea over the weekend of a short-term measure to lift the debt ceiling for six to eight months in order to meet the August 2 deadline while congressional negotiators take more time to work on a broader agreement.

"I don’t share that view," Obama said in rejecting the proposal

Which means that Mr. Obama realizes that his best shot at getting what he wants is right now. Before the country gets wind of the deal. And before Congress has to face the voters back home.

On Capitol Hill, Senate Democratic Leader Harry Reid said he would stage a vote on a nonbinding resolution that would call on millionaires to "make a more meaningful contribution to the deficit reduction effort."

It would have no legal impact, but it would allow Democrats to continue a charge they have honed in recent weeks — that Republicans are more interested in defending the interests of the wealthy than solving the country’s budget problems.

But Mr. Reid isn’t a demagogue. Mr. Reid is a statesman who is only trying to help the country.

This article was posted by Steve on Wednesday, July 6th, 2011. Comments are currently closed.

6 Responses to “Obama Condescends To Meet GOP Leaders”

  1. Right of the People says:

    I hope the Republicans tell Barry the Bungler not just NO but HELL NO.

    If I were them I’d tell him to first come up with a workable budget, something he hasn’t done in his 2 1/2 years in office then we’ll see what we can do.

  2. proreason says:

    Maybe all of them are just holograms.

  3. BigOil says:

    GOP leaders should feel honored. They have been granted an audience with the king and have an opportunity to kiss his ring.

    What is sad is the Republicans do not even understand they hold all the cards. An overwhelming majority of the country would back them if they refuse to raise the debt ceiling. They can even claim they are following Barry’s advice that it would be irresponsible to increase the debt ceiling.

    Our GOP leaders are once again poised to snatch defeat from the jaws of victory.

  4. Reality Bytes says:

    Obama preaching civility in negotiations was like Ted Kennedy advocating abstinence.

  5. Astravogel says:

    But, wasn’t Ol’ Teddy in favor
    of offshore drilling? As often
    as possible?

    • eaglewingz08 says:

      But didn’t the libmedia excoriate republicans when they held “meaningless votes” on cutting the budget and defunding Obamacare. Funny how the unbiased media doesn’t attack the dems for their meaningless votes.

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