Saturday, July 23, 2011

Did Obama have a Tee Time today ?????

My guess is that Obama could only meet for a short time today because he probably has a tee time early this afternoon....the truth is all Obama cares about is coming out of this thing being able to blame someone else and getting debt ceiling relief until after he tries to get reelected...and if he does he's back to his out of control spending and wasteing of taxpayer money....

Boehner wants debt ceiling plan by Sunday

By CARRIE BUDOFF BROWN & JAKE SHERMAN | Updated: 7/23/11 3:11 PM EDT

House Speaker John Boehner hopes to avoid roiling Asian financial markets by announcing progress by 4 p.m. Sunday on a smaller deal to raise the debt ceiling and cut spending, he told colleagues on a Saturday afternoon conference call.

Boehner said he’s still trying to squeeze out multiple trillions of dollars — between $3 trillion and $5 trillion — and avoid using the plan proposed by Sengte Minority Leader Mitch McConnell that would give the president the authority to raise the debt ceiling, subject to congressional disapproval, according to GOP sources on the call.

He discussed several options for reaching some of the longer-term goals of House Republicans and the White House later on in the process. He received credit from several lawmakers for his work as a negotiator and his defense of GOP principles, sources on the call said.

Boehner and McConnell, along with their Democratic counterparts, met with President Barack Obama and Vice President Joe Biden for less than an hour Saturday, the start of a last-gasp round of negotiations with the president to avert a government default on the nation’s debt.

But there was no sign that the parties had resolved their differences.

“The leaders agreed to return to Capitol Hill to talk to their members and discuss a way forward, and conversations will continue throughout the day,” White House press secretary Jay Carney said in a statement.

Following a stunning breakdown in efforts to reach a $3 trillion, 10-year agreement to cut the deficit, the challenge for Obama and Boehner will not just be devising a legislative strategy to push a debt limit increase through a resistant Congress, but repairing the bruised relationships that received a very public airing Friday.

The White House had thought it was on the cusp of an agreement when Boehner walked from the negotiations, accusing the president of demanding more revenue at the last minute. Obama disputed this account, saying his request for the speaker to give up more wasn’t a take-it or leave-it demand, but part of the negotiating process.

But with the deadline looming, the more immediate concern Saturday was finding a way to lift the debt ceiling before the deadline nine days from now.

“The president wanted to know that there was a plan for preventing national default,” McConnell said in a written statement after the meeting. “The bipartisan leadership in Congress is committed to working on new legislation that will prevent default while substantially reducing Washington spending.”

Obama has repeatedly said he will not agree to a short-term increase, instead demanding an extension that carries past the 2012 election.

During the meeting Saturday, “the president restated his opposition to a short-term extension of the debt ceiling, explaining that a short-term extension could cause our country’s credit rating to be downgraded, causing harm to our economy and causing every American to pay higher credit cards rates and more for home and car loans,” Carney said.

“As the current situation makes clear, it would be irresponsible to put our country and economy at risk again in just a few short months with another battle over raising the debt ceiling. Congress should refrain from playing reckless political games with our economy. Instead, it should be responsible and do its job, avoiding default and cutting the deficit.”

But House Republicans, who had previously agreed with the president that short-term measures weren’t acceptable, now say stopgap measures are an option they can’t rule out.

“Our message there will be simple: if the White House won’t get serious, we will,” Boehner spokesman Brendan Buck said Saturday in an emailed statement before the meeting. “The speaker is determined to tackle our spending problem in a significant way and, as he stressed last night, is committed to preventing a default on our debt.”

Boehner was expected to insist that the president agree to a package of spending cuts that match the amount needed to raise the debt limit, which would be about $2.4 trillion through the end of next year, Buck said.

“Last night the president said, ‘the only bottom line that I have is that we have to extend this debt ceiling through the next election,’” Buck wrote. “Now, we do not know what size or shape a final package will take, but it would be terribly unfortunate if the president was willing to veto a debt limit increase simply because the timetable prescribed would not be the ideal one for his re-election campaign.”

White House Communications Director Dan Pfeiffer responded to the speaker’s statement Saturday on Twitter.

“Short term increases risk downgrade, (Boehner) knows that which is why he opposed them last wk,” Pfeiffer wrote. “Time for leaders to lead.”

John Bresnahan and Jonathan Allen contributed to this story.

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