07-23-2011, 10:18 AM
Obama’s 2012 re-election campaign ran off the rails today when GOP leaders refused his last-minute demand for $400 billion in tax increases, instead announcing their intention to negotiate a plan with Senate Democrats.
This fallback option may only be a short-term plan to avoid a default by raising the limit on the nation’s credit card; it could be coupled with modest budget cuts of a few hundred billion dollars.....But it is not likely to be be the “big deal” that Obama had sought via closed-door negotiations in the final few weeks before a default.
Obama’s favored approach, had it been approved, would have boosted his claims to swing-voters that he is a consensus builder in Washington, and that he is a political moderate willing to approve modest spending cuts.....Obama’s deal would also have required a tax increase — something sure to split the GOP caucus and rally the Democratic Party around the president at a time leading up to the 2012 election.
07-23-2011, 10:32 AM
Boehner Runs Laps Around Obama, Again
He’s been ridiculed by the media. Liberal spinners say he has lost control over the Tea Party. But in fact the Speaker of the House Rep. John Boehner (R-Ohio) had a plan, stuck to it, and is likely to get much of what he wants.
He said bluntly, “It’s the president who walked away from his agreement and demanded more money at the last minute.”
Boehner is the composed “adult in the room” now. He, excuse the expression, called the president’s bluff — a viable deal with no tax hikes and Obama blinked (or sloshed in the other direction, to follow the Jell-O imagery).
All of this followed Obama’s appearance in which he angrily accused Boehner of walking away from the deal. (According to Boehner, Obama upped the revenue figure at the last moment.)
Boehner now has left the White House on the sidelines, has his troops in order and can craft a deal with the Senate. At this point, the Senate Democrats who have never put forth a plan of any type must be desperate for a deal.
The ranking member on the Senate Budget Committee, Sen. Jeff Sessions (R-Ala.), took the opportunity to twist the knife, putting out a statement that read in part: “The President has never put a single plan on paper that actually reduces spending, and he has no program that would substantially reduce the deficit.
In his letter to his House colleagues, Boehner made the case that he had stood up to the White House and now could craft a deal without violating the House’s principles:
I believe there is a shared commitment on both sides of the aisle to producing legislation that will serve the best interests of our country in the days ahead — legislation that reflects the will of the American people, consistent with the principles of the Cut, Cap, & Balance Act that passed the House with bipartisan support this week.
The much maligned Majority Leader Rep Eric Cantor (R-Virg.) found vindication as the talks seem to be headed in precisely the same direction as he had suggested, prompting Obama to stalk out of a White House meeting.
His spokesman told me, “Eric has been adamantly clear that raising taxes with millions of people out of work is the wrong policy, one that we would not consider, and one that couldn’t pass the House.”
A senior Republican Senate adviser said admiringly of Boehner, “I’m glad he stayed calm.” The White House now is left sputtering, fully aware that if the Senate and House reach a deal Obama will be in no position to veto it and send the country into default. All in all, a very good day for Boehner and the House Republicans.
07-23-2011, 10:52 AM
Good for Boehner. I saw Obama's little hissy fit on Fox yesterday afternoon where he kept blaiming those big bad Republicans. He's bad news. I guess he's so accustomed to getting his way and having the waters part for him that he's like a little kid holding his breath when everyone doesn't idolize him and go along with his nonsense.
Glad the :republican:'s held firm. Let us now commence with the bashing. :D
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