Overheard on CNN.com: Beyond frustrated with debt stalemate
July 26th, 2011
11:51 AM ET

Overheard on CNN.com: Beyond frustrated with debt stalemate

As debt ceiling talks continue, last night both sides presented reasons for a stalled solution. President Barack Obama called the political showdown "no way to run the greatest country on Earth" while House Speaker John Boehner insisted that excessive government spending is the root cause of America's financial problems and that expenditure cuts are the only solution.

Based on their comments, CNN.com readers are frustrated by the deadlock and many blame Republicans and House Speaker Boehner for not being willing to compromise.

Comment of the morning:

“It's looking to me kinda like grandma won't get her SS check because we invaded Iraq needlessly. That's pretty hard to swallow.” - ArooMadazda

Where’s the compromise?

Here's what else our readers had to say on the issue:

MasterJ51503 said, “Other than surrendering himself for impeachment, President Obama has given the Republican party EVERYTHING they desire. This is about as much compromise from Democratic leadership I have seen in decades, and the Republicans un-willingness to strike a deal on such circumstances that favor them tremendously only shows their true agenda: they want to paint Obama as a "failure.”

aahawks said, “No matter which side you are on, the President said one important word: "Compromise." From what I see, Obama is willing to make cuts and meet in the middle. The Republicans are not willing to meet in the middle. It’s their way or no way. Compromise is how we get things done.”

TorukMakto said, “Can we get the approval ratings for Boehner? I thought Bush was bad, but I have never seen a politician so openly threaten to let the U.S. economy get destroyed as long as the wealthy and corporations continue to enjoy the Bush TAX CUT.”

adamThegr8 said, “Obama speaks to you. Bohner speaks at you.”

Samuel27 said, “Boehner's speech boiled down to ‘Do what I say, and no one gets hurt!’”

TryLogic said, “Hey, Boehner: It's not a blank check. It's a debt ceiling increase, which has happened 74 times since 1962. And it's for exactly $2.4 trillion. Stop holding our nation hostage with politics.”

TheRealist20 said, “Boehner chooses to make extra cuts to Medicare and Social Security so he can preserve tax CUTS that were supposed to expire anyway, for the wealthiest 2 percent of the population. What a total slime ball.

Switters02 said, “Boehner cannot get his 'plan' passed by the House – 39 Republican Representatives have SIGNED A PLEDGE not to vote for it. Priceless.......”

anonyname said, “Remember, Speaker Boehner, if you break, it you own it. While you try to blackmail the President to keep millionaires and billionaires from paying more taxes, you are in GRAVE danger of being the guy who places the last straw that craters our economy. Do you want to be remembered forever as the guy who did that?”

Guest responded, “It's the President who doesn't UNDERSTAND the economy. He has NO background to be in the position as the President. It's showing BIG time here.

zzbbe said, “For some strange reason Boehner is determined to reelect Obama. His performance last night must have been worth many million votes for the Democrats.”

ihantotta said, “Poor Boehner. He looked so pathetic. He had to get up in front of the whole country and tell us that his party won't lift a finger for the common man.”

Truthwins101 responded, “Any sane person listening to Boehner last night would never be able to vote for Obama again in a million years. If you pull the lever for Obama in 2012 it speaks VOLUMES about your lack of mental capacity.”

brianguy123 said, “Obama's speech rambles about the year 2000, teachers, firefighters and corporate jets, none of which have anything to do with the issues at hand. The guy is from Pluto. He is not living in the real world.”

CorruptUS said, “If I had to choose right now between the plans presented last night. Hands down would I choose the one Obama was pushing.”

apaige said, “President Obama explained the debt ceiling crisis in everyday language to many Americans who didn't understand how serious this situation has become. He asked for balance and compromise while Boehner spent his time attacking the President. More importantly, the President told the country how a small cult of extremists have taken over the government and produced this very dangerous and unnecessary stalemate.”

ChefCHEESE said, “I watched President on TV last night and I think his plan makes 100% sense. The Republicans are an arrogant bunch of people who act as if they are still in power. I hope the voters will realize that and given them a real beating in election in 2012.”

gman90210 said, “Obama is openly lying to you. 'Tax the millionaires and billionaires'. Then in the same speech the plan is to tax 250k+, which is closer to zero than a million. Democrats can't understand simple math, blindly following a clueless leader who only cares to kick the can down the street to get past the next election instead of solving real problems.”

BobnLA said, “What is sad is that the President has to ask people to get involved in their own future. Getting a phone number or email address for any politician is simple- Google them. The real problem? Most Americans don't know who their representatives are!”

fiskenmann said, “Contact your lawmakers? Sorry, Mr. President, our lawmakers in South Dakota do not respond to voters unless you give them a check!!!”

Do you feel your views align with these commenters' thoughts? Post a comment below or sound off on video

Compiled by the CNN.com moderation staff. Some comments edited for length or clarity.

soundoff (2,307 Responses)
  1. BEC

    The Republican Leaders walk around like Kings without their clothes on. The True American can see them for what they are, UNAMERICAN.

    July 26, 2011 at 4:19 pm | Report abuse |
  2. BeFree

    First, compromise to get a deal done. THEN, start fixing the tax code for the large and wealthy corporations who pay virtually NO federal taxes despite hundreds of billions of dollars in profit generated in the US (just google GE Federal Taxes to start opening your eyes!).

    July 26, 2011 at 4:19 pm | Report abuse |
  3. JBell

    As a President, Obama should be able to at some point say enough is enough and I'm going to do what needs to be done. Executive Order. Whats the point of having a President if he can't or isn't able to make a vital decision to save our country. Unfortunitly, I'm sure it doesn't work that way. What I do know is that may people/families will be out in the streets if Social Security checks don't go out...me being one of them.

    July 26, 2011 at 4:20 pm | Report abuse |
  4. guest3

    Obama is correct!!!. You must raise revenue and cut spending. I challenge everyone here to review the history of the U.S.tax rates. See link below. You will notice that during the greatest years of prosperity the tax rates were high. 91% during the late 40s through the 50's. Remember the Marshal Plan and repayment of war bonds. Where was the Tea Party then? What the heck are we fussing about.

    The GOP has sabotage this Presidency.

    http://www.taxfoundation.org/publications/show/151.html

    July 26, 2011 at 4:21 pm | Report abuse |
    • tax expert

      Ever heard of the term "tax shelter" it was prevalent for sixty years from 1945-2005. We have eliminated most of the shelters many used to not show income. Personal interest deduction, creating an LLC to own rental investment, mortgage interest deduction, just to name a few. NO WEALTHY PERSON EVER paid those high rates, they always managed their income down. If you are going to study history of tx, study all of it.

      July 26, 2011 at 4:35 pm | Report abuse |
  5. @#$%^&

    This circus act is shameful, nauseous, disgusting and ridiculous, and it will bring down the NO PARTY! The country is fed up with them and their thirst for power at the expense of the poor, the middle class, the sick, the senior citizens, the blacks, the minorities and the country's health in favor of their zillionaire base. Enough is enough of these power-hungry demagogues!

    July 26, 2011 at 4:21 pm | Report abuse |
  6. NorCalGal

    It's time for Democrats and Republicans to stop acting like spoiled little children throwing a hissy fit because they can't get their way. GROW UP....pull up your big person panties and do what's best for the COUNTRY and the people and not what you think will help the position of your party. This isn't about a photo op of you standing up against the president or the other party. This isn't about what party is doing what. This is a vote to do what's best for, again, the county. Going along party lines is baloney. Compromise and find a plan that will help us all. THAT'S your job. This whole thing is just too frustrating.

    July 26, 2011 at 4:21 pm | Report abuse |
  7. bob

    Do you know anyone who has an income of $250k? Odds are you don't. That is a ton of money. If you have that much, and you feel you'd be hurt by a tax, you are doing something wrong because I make less than half that and I am doing great.

    July 26, 2011 at 4:21 pm | Report abuse |
  8. CCunningham

    Want to clear up the debt and have a balanced budget? Eliminate the Federal Withholding Tax provision. We will have a balanced Federal Budget within two years or fewer years.

    When every American has to sit down and write a personal check to the government each quarter, they will see and fully understand just how much our government is taking from us. When you never have the funds that Washington takes from your pay check there is very little pain. But write a quarterly check say for $1,000, $2,500 or $500 to the government the pain become real.

    We are in this situation because this administration told us that we could spend our way out this economic situation. It did not work. Under this Democratic Administration unemployment has toped 9%, home have lost value to the point you can not sell one if you needed too.

    Remember it was this President who in 2006 voted NO on raising the debt ceiling stating, “Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.” (From Sen. Obama’s Floor Speech, March 20, 2006)

    Liberals stop trashing the good and hardworking and decent Americans who are part of the Tea Party movement. Every section of toady’s society is represented within the Tea Party. Just because they have a different view of this great county is NO reason to vilify them.

    July 26, 2011 at 4:21 pm | Report abuse |
  9. Catherine

    My customers, friends, and neighbors all of whom affiliate themselves with different "parties", have through various conversations and discussions realized that we can compromise and reach an agreement. Given the opportunity we could have resolved this much sooner!

    July 26, 2011 at 4:22 pm | Report abuse |
  10. RU Kidding Me

    If this does not speak volumes about needing term limits for representatives, I don't know what else does. We are held hostage by morally bankrupt people whose only interest is to continue the life of their political party and keep the ball rolling in Washington. Financially, they are all set for life thanks to the automatic salary increases and pensions and health care plans they voted for themselves. Morally, how these fractured representatives can let innocent Americans fear about their next Social Security check, their 401K or their very livelihood as well as let the country go into default is beyond the conscience of most intelligent and caring people. Do these clowns remember the mortgage meltdown and how they let the stock market go down more than 800 points in a day and the total economic damage it has caused? Mass impeachment sounds pretty good to me right now.

    July 26, 2011 at 4:22 pm | Report abuse |
  11. Chris

    These comments reflect what poll after poll is showing: that a huge majority of Americans want compromise and no more games. President Obama has agreed to everything the GOP/ Tea Party wants and they still reject every offer. I've never seen such unpatriotic, uneducated and just plain dangerous people as the Republicans and Tea Partiers.

    July 26, 2011 at 4:22 pm | Report abuse |
  12. LAURIE IN CALI

    jeez what a friggin mess. my husband is disabled vet w/ cancer on medicare! these repug fools are messing w/ real peoples lives! can't believe how selfish/ heartless they've become. the repubs sure passed the debt limit when stupid bush was in office w/o all this crap! what a bunch of hypocrites. & some christians they are! i used to be a registered republican & i called all my congressmen ( even the repugs)told'em to stop w/ the bs & get it done . also refused to leave my name cus didn;t want to be aligned w/ them anymore! if we don;t stand for something we won;t stand at all!!!

    July 26, 2011 at 4:22 pm | Report abuse |
  13. blahb31

    I would like to rebut the ridiculous statement that gman90210 made. Households making $250,000 a year is in the top 2%; those making a million in a year is in the top 1%. The middle 50% of households make between $22,500 and $80,000. This means that 25% of households make less than $22,500, which is roughly the poverty line. It also means that those households making $250,000 a year makes more than 10 times that of those 25% who are below the poverty line. So you tell me, is $250,000 really that far from one million? I don't think so.

    July 26, 2011 at 4:23 pm | Report abuse |
  14. BEC

    I vote Republican every election and now, I can not vote Republican in the next election no matter how much it hurts. The Republican Congress and their hidden agenda: Screw the Little Guy.

    July 26, 2011 at 4:23 pm | Report abuse |
  15. oror

    The Republicans and their ignorant Tea Party representatives are holding us hostage once again. Even when Obama gives them what they've said they want, they still won't vote for it. They don't care about the people of this country, who have said they want compromise. All they care about is making sure Obama is a failure. That's why they want this debt ceiling crisis to be short term, so they can do this again before the next election. They are arrogant, pitiful, and pitiless excuses for representatives of the people. I hope you idiots who voted for them are getting what you deserve.

    July 26, 2011 at 4:24 pm | Report abuse |
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