House Speaker John Boehner says he has ended debt talks with President Barack Obama, CNN has learned.
"I have decided to end discussions with the White House and begin conversations with the leaders of the Senate in an effort to find a path forward," Boehner says in a letter to be sent to Republican House members.
President Barack Obama he has told the Republican and Democratic leaders in Congress to come to the White House on Saturday morning to "explain to me how we are going to avoid default" on the nation's debt.
The president said his administration had offered "an extraordinarily fair deal" to cut expenditures and raise revenues, in return for Congress agreeing to hike the nation's debt ceiling. But he said that House Speaker John Boehner "left (him) at the altar" by ending negotiations around 5:30 p.m. Friday.FULL STORY
Sorry about the poor cut and paste job, but I hate uneducated people repeating something they heard from some rich guy on tv. I say tax the companies that outsource on a progressive scale for how much they rely on outsourcing. We lost 8 million jobs in ten years and that significantly depleted tax revenue. Don't tax all rich people just the slimy weasels that sell us out. We should rework our trade laws too, but neither party will do that, because they are all slimy weasels.
I so agree!
I googled all sorts of sources on how the tax pie is carved up and there isn't any site that I could find that would say what it was on a nonpartisan site. Basically 43% of government revenue comes from income taxes. Another 15% is from corporate taxes and the rest is through various means. I love the idea a person can go to school and make some money, but nowadays the new business model is to not actually produce anything here, but maximize profits with outsourcing and get rich quick schemes. This effects everyone except the ones doing the predatory practices. There are rich and poor predators and we are all caught in the middle. People blast unions, but only 9% of private sector jobs are union down from 40% in 1940.. If Unions and taxes are the culprits then why as both recede does unemployment go up, jobs leave America and tax revenue goes down? There is some very flawed reasoning by both parties.
You both are 2 funny... (cut and paste) and ( drag and drop) thanks for the smile
unfortunately it is the Republicans or should I say Repewbicans that's dividing this country, because we have a African American president seating at the White House. The Republicans do not want to tax the corporation that are sending jobs overseas and laying off Americans citizen for cheap labor. Let's take a look at KPMG laying off 200 of it's tech staffing to send jobs overseas, while doing so they are also getting a tax break from the government as well; this does not help the average individual that is struggling to feed his/her family. I don't the Republicans cares about the average individual that is unemployed, because when the major corporation loses money, it is us (the American people)who feel the pinch because they will start laying off their work force to save money. I wish they would reconsider for the sake of this country.
@democracy now: I don't think it's racial and your guy hasn't suggested once that we increase taxes on companies that outsource. Someone who makes $250k a year isn't a corporate ceo. More likely they own a small business or maybe they are a doctor. I don't like general class warfare, because there are poor people who breed exponentially while increasing the burden on state budgets. We need reform all around and targeted taxation on those who are selling us out. Again you wont hear this from any Democrat or Republican, because they both engage in divide and conquer.
ok middle class, let the government take 49 percent of your check and see if u dont want to set up an off shore acct. now thats a flippin fact! dispute that! oh how the middle class would be crying then. lets see... 19 percent vs. 49 percent. hmmmm tell me whats wrong with that picture. punish the successful right?
@jj maybe the people would then revolt. It seems the only time people get serious is if their wallet is taken from.
@ Jazzy girl-sorry I could not get back with you, my son disconnected the main internet for a cleaning and my laptop went blank. enjoyed the chit chat.
That's ok Mama 🙂 hope your Sunday fairing well for you.
Hey Queeny, had some rain lately. Hope your car faired better than the ones I saw on the news.
If the President got Get- o with them they would take ear!
This was a very sad occasion. Why was there no security personnel at the camp site?
Donot Fight,You Both elected person not for fight,You both fight home too,You do not know what is NEGOTIATON, Please be nice and do nice to do , God help ypu, Learn from kids, American people want to work togethrer,