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. akp

    Seriously? Do the Repubilicans think a cut in spending will be enough? This problem has been ignored much too long and is too big to go away without increasing revenues AND decreasing spending. Anyone that tells you different is lying to protect themselves. For the first time in my lifetime at least there is discussion about fixing this mess instead of passing the problem further down the line. No one wants more taxes but at this point the ONLY way to avoid a bigger mess (see Greece) will to pay for what we have been putting off paying for all along. Increase in taxes? – you bet because we can't afford not too. If you don't agree its because you care more about yourself and bank account than this country or your fellow americans.

    July 26, 2011 at 6:46 pm | Report abuse |
  2. Singh

    How about stopping the payroll and benefits for all the member of House, senate and President until this is resolved and also they can not claim any back wages and benefits once issue is resolved. These people were elected to serve the country, not the party they belong to, so they don't deserve to get paid and receive any benefits until they start working for what is good for the country and the common people.
    Enough with this partisanship, start working on solution instead of finger pointing.

    July 26, 2011 at 6:47 pm | Report abuse |
    • Frisco1956

      If only we could stop their pay and benefits until they did their jobs! Alas, the unfortunate truth is that the ones we'd not pay for idleness and greed are the ones that would have to approve the non-payment.

      July 26, 2011 at 6:58 pm | Report abuse |
  3. Edie Walker

    President Obama is doing what a leader should do, he is leading. The only thing the Republicans are after is making the rich richer.

    Having been a successful small business owner, the only thing that taxes cuts do is add slightly to the bottom line. They do not give businesses the incentive to create jobs. An increase in business meaning you are busier and/or more business walks through the door, is the only thing that makes a business add employees. If you can do the job with fewer employees you do it.

    Having said that here are a few facts:

    In June of 2001 President Bush enacted the “Bush Tax cuts” and issued an “advance rebate” that totaled $35 billion.
    2. Those tax cuts were “supposed” to stimulate the economy, but in fact jobs increased 0% during his first term and .1% during his second. Under President Clinton there was a 2.6% increase his first term and 2.3% his second with those same taxes in place.
    3. A Budget surplus of 2.4% of GDP greeted President Bush as he took office, it turned into a deficit of 3.6% in the space of 4 years.
    4. At the beginning of the Bush presidency, the United States debt limit was $5.95 trillion. Despite promises that he would pay off the debt in 10 years, Bush increased the debt to $9.815 trillion by the end of his term, with plenty of help from the four Republicans currently holding Congressional leadership positions: Speaker John Boehner, House Majority Leader Eric Cantor, Senate Minority Leader Mitch McConnell, and Senate Minority Whip Jon Kyl.
    5. There were no demands from any of the four legislators that debt increases come accompanied by drastic spending cuts, as they are now. When Bush was in office, the current Republican leaders viewed increasing the debt limit as vital to keeping America’s economy running. In fact, the May 2003 debt limit increase passed the Senate the same day as the $350 billion Bush tax cuts for the wealthy.
    6. Let's not forget two wars and the prescription drug program...all done without funding.

    And some of the posters think this mess was caused by President Obama...they need to get educated.

    July 26, 2011 at 6:47 pm | Report abuse |
  4. Robert

    "ABBY

    BUT refuse to ask the multi-billionaires, billionaires, multi-millionaires, and millionaires to contribute in helping this nation out of its current difficulties –"

    Nothing. Not a single thing, prevents those willing to pay more. The Treasury will cash the check with no questions asked. Now, where is the list of those who step up to the plate out of compassion and not complusion?

    July 26, 2011 at 6:47 pm | Report abuse |
  5. acrosebud

    Corporate profits are the highest since the 1960's. Wages are the lowest in 50 yrs. Corporations are sitting on (not producing jobs) $2.2 trillion in profits while 14.9 million are out of work. Tell us again Mr. Boehner why the only way to cut the deficit is to have SS & Medicare recipients – who all paid for the benefits they get – bail the rich out again?!

    Ordinary Americans pay taxes – why don't they.

    July 26, 2011 at 6:49 pm | Report abuse |
  6. MarineMom55

    It is time to compromise. "We the people" have been held hostage by this debt ceiling fiasco far too long already!!!

    July 26, 2011 at 6:50 pm | Report abuse |
    • Tanja

      I second that MarineMom55!!!

      July 26, 2011 at 7:12 pm | Report abuse |
  7. Confused

    This whole crisis was manufactured by the Republican Party. There is no requirement for spending cuts to raise the debt ceiling. They're using this as a bargaining chip to keep the tax breaks for the wealthy. They are choosing to do this so if the economy tanks it was their choice to make that happen, and they will be responsible for it. Remember, they don't care about you or me or anyone or anything but making sure President Obama is a one term President. To me, that's equivalent to treason.

    July 26, 2011 at 6:50 pm | Report abuse |
  8. Robert

    "SS & Medicare recipients – who all paid for the benefits they get"

    It is a mandated insurance payment, not a deposit into a bank account. It is based, like any pyramid, on a ever larger base to the pyramid.

    July 26, 2011 at 6:51 pm | Report abuse |
  9. Gigi

    I am ready to see a true Statesman – not a POLITICIAN – take a stand to defend the American people. We are being held hostage by personal agendas and ideologies. A divided house cannot stand and we are perilously close to seeing everything that we have worked for over the years taken down by persons that are more concerned about the next election than the good of the people. I have my own beliefs about how this should be handled, but compromise is not a dirty word! I am beyond anger at this point and I fear for our nation.

    July 26, 2011 at 6:52 pm | Report abuse |
  10. Maryann

    The Republicans want cuts....Let's start with cutting their benefits, they can pay more for their health care. Have a very large deductable to pay like I do. I have not had a pay raise in 4 years.....my insurance has gone up 13 percent just last year. The rich need to pay their fair share. They pay less than I do. My husband is disabled, we sure could use his SS check next month, I work two jobs to make this household run. Both my cars have over 150,000 miles, one has 450,000 miles, what does Boehner drive? I couldnt afford the insurance if you GAVE me a new vehicle.

    July 26, 2011 at 6:52 pm | Report abuse |
  11. Susan in Green Bay

    It's Speaker Boehner who didn't make sense. He keeps saying that President Obama wants a "blank check". Raising the debt ceiling is about authorizing the executive branch to pay obligations which Congress aprroved IN THE PAST. Any "blank checks" belong in the budget negotiations. Raise the debt ceiling and get started on the budget negotiations.

    July 26, 2011 at 6:53 pm | Report abuse |
    • Joseph Ernst

      Exactly! Congress appropriates the money and the executive branch is obligated to follow the wishes of Congress.

      July 26, 2011 at 8:19 pm | Report abuse |
  12. Robert

    "Any "blank checks" belong in the budget negotiations."

    Which the Democrats failed to put together for 2 years while in control of all branches of the legislative and executive branches. The budget was piece meal. A little here, and little there, get us to next month, next quarter. How effective was that Democrat plan?

    July 26, 2011 at 6:55 pm | Report abuse |
  13. Dave in SC

    I can't believe the Republicans will crash this country because of a secondary pledge. If another candidate signs another "pledge", he or she will never recieve another vote from this voter.

    July 26, 2011 at 6:56 pm | Report abuse |
  14. FED UP WITH DEMS AND OBAMA

    the tea party tried to reign in the spending and they are called everything in the book – don't americans realize that tea party folks are just hard working taxpayers who are FED UP WITH THE LIBERALS TAKING EVERY CENT AND GIVING IT TO THE LOPS – THESE WELFARE FOLKS CASH THEIR FOOD STAMPS AND CHECKS FOR THEIR CHILDREN IN LAS VEGAS AT THE CASINOS. GIVE ME A BREAK AND GET THE TAKERS TO PAY THEIR FAIR SHARE – THEN THE TAXPAYERS WILL GET A BREAK. NO MORE FREE EDUCATION, FOOD STAMPS, FREE HOUSING, FREE MEDICAL CARE, FREE DENTAL CARE, STOP SPENDING ON THIS CRAP; THE EMPLOYERS MAY ACTUALLY BE ABLE TO CREATE SOME JOBS AND THE UNEMPLOYED CAN ACTUALLY GET A JOB

    July 26, 2011 at 6:57 pm | Report abuse |
    • Thomas

      WELL SAID!!!!! Sell your cell phone, spinning rims, and 60" flat screens and start paying your own bills!!!

      July 26, 2011 at 7:06 pm | Report abuse |
    • YOUR MOM

      HI AGAIN HONEY – THANK YOU FOR DOING AS YOUR FATHER SAID AND FINALLY TAKING THE TRASH OUT – I REALLY APPRECIATE IT – BUT I THOUGHT WE WERE GOING TO HAVE SOME FAMILY TIME? INSTEAD YOU ARE BACK ON THE COMPUTER. IS THIS SOME KIND OF NEW GAME EVERYONE IS PLAYING, LIKE WORLD OF WAR OR WHATEVER? YOU POST ON BOARDS AND ARGUE WITH PEOPLE IN ALL CAPS? IT DOESN'T SEEM LIKE A VERY STIMULATING GAME, HOWEVER, I AM GLAD TO SEE YOU STIMULATING YOURSELF A LITTLE LESS.

      July 26, 2011 at 7:17 pm | Report abuse |
    • YOUR DAD

      Get of that damn computer and take your ass to bed! Where is my belt?

      July 26, 2011 at 7:51 pm | Report abuse |
    • FED UP WITH DEMS AND OBAMA

      NO IT'S NOT A GAME AND U SOUND LIKE A TYPICAL LIBERAL WHO CAN'T FIGURE IT OUT. MUST HAVE HIT A NERVE HUH! MUST BE DESCRIBING YOU AND YOUR BUDDIES TO A TEA, GET IT LOL. AND NO MY MOM WAS A TRUE INDEPENDENT – NO SUCKERS WHO HAVE TO BE LED AROUND LIKE SHEEP BY PELOSI, REID, OBAMA, LMAO

      July 26, 2011 at 8:47 pm | Report abuse |
    • YOUR MOM

      NOW HONEY, YOU KNOW I DON'T LIKE IT WHEN YOU TALK LIKE THAT TO ME. ALSO I DON'T EVEN LIKE TEA SO I DON'T UNDERSTAND WHY YOU'RE TALKING ABOUT IT

      I AM STILL LOOKING FOR THE CAT AND I WISH YOU WOULD HELP

      July 26, 2011 at 9:14 pm | Report abuse |
  15. Andrew

    It is a total fallacy that taxes and the economy are tied together. If low taxes equaled a strong economy, then we should have had the best economy in modern history because the tax burden has been at its lowest in modern history. Instead we got the first post WWII decade with zero economic growth. Conversely in the 1990s we had one of the highest tax burdens in modern history yet we also had the strongest decade of economic growth since WWII. This flies in the face of the foundation of the Republican/Tea Party arguments. As for who is to blame for the deficit, remember that George W. Bush and the Republican controlled house and senate of the early 2000s took a balanced budget from Clinton and started spending money like it was going out of style, setting record after record for new deficits in each new annual budget. Now it appears the Republicans are zeroing in on finishing the job they started ten years ago and totally destroying what is left of the United States economy. What is really sad is that we as the American electorate are the ones asking them to destroy us even more because we keep electing them based on their false logic.

    July 26, 2011 at 6:58 pm | Report abuse |
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