There were news conferences and a high-level phone call between President Barack Obama and House Speaker John Boehner, but no immediate sign of progress on reopening the government a week into a partial shutdown or reaching a deal to avoid the first-ever U.S. default next week.
Obama called Boehner on Tuesday morning, and the White House then announced the president would make a statement and take some questions from reporters at 2 p.m. ET.
Earlier, Boehner demanded that Obama and Democrats negotiate with Republicans on steps needed to end the shutdown that began on October 1 and raise the nation's debt ceiling before the deadline for default on October 17.FULL STORY
Obame needs to stop thinling about what HE wants and start thinking about what AMERICA wants!
Boehner is in no position to be making demands. He is more concerned with his job than what is best for our country.
We as a nation cannot default. It would have devastating consequences. It would hurt us in so many levels.
Remember I think in 2008 when Obama said ten trillion was way too much debt and how it's not good for the country? Another example of how he is a bold faced liar considering that the debt is seventeen trillion and he has no problem with it. What a joke
Here is the exact quote:
"The fact that we are here today to debate raising America‚Äôs debt limit is a sign of leadership failure. It is a sign that the U.S. Government can‚Äôt pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government‚Äôs reckless fiscal policies. ‚Ä¶ Increasing America‚Äôs debt weakens us domestically and internationally. Leadership means that ‚Äúthe buck stops here.‚ÄĚ 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."
Is he a hypocrite, a liar or just a politician who will say anything?
You tell me.
Threatening the full faith and credit of the United States isn't a valid plan. We've been downgraded once because of intransigence. Enough.
Threatening the full faith and credit is not a plan. We've had our credit rating downgraded once; is this the fiscal responsibility they want to portray?
Historically US govts have always had the tendency to spend regardless of revenues and except perhaps of a post WW2 period of low percentage to GDP US has had a deficit.
Under Bush the gross national debt increased from 5.7T in January 2001 to 10.7 T in Dec 2008. Due to low revenues and war spending. than the worst recession since 1930s hit resulting in a global financial crisis which caused sluggish economy and the effects are built into the debt increase during Obama admn in tandem with stimulus package etc.
During Bush admn gross n.debt increased from 5.7 T in Jan 2001 to 10.7 T in Dec 2008. Due to low revenues and war spending.
The effects of the worst recession in history after the 30s and gobal financia crisis are built into the current gross n.debt in tandem with the economic stimulus package, continued war spending etc.
Boehner, TP & co couldn't care less.
There was an article in the NY Times that addressed how this was all planned well in advance, saywhat. Chilling, indeed.
Criminal follies of Bush and his neocon acolytes should have resulted in their public trial for crimes against America and humanity, destroying the credibility and prestige of this great nation and charting a course which would damage our geopolitical positioning for a long time to come.
main street banks and Wall street greed running amok taking this country to the brink of financial collapse.3 trillion dollars misappropriated from Pentagon coffers without a trace. The list runs long.
I fault Pr.Obama for not deviating from the failed foreign policy and militarism paradigm of the previous admn.
as for our n.debt, it would continue to increase no matter who occupies W.H unless political bickering, showmanship, brinkmanship and such nonsense in Washington is rejected by Americans.
Trying to compromise by extending the Bush tax cuts netted him zero cooperation. He won't be fooled again by those who would harm this country in their quest for the almighty dollar.
Do you mean hold his right hand over his heart, the way everyone else does? Really? Where did that happen? Was he in another country at the time? You make no sense.
Theresa, don't waste your keystrokes.