Posted on 07/01/2011 12:51:30 PM PDT by dont_tread_on_malik
Last week, Congressional Republicans and Vice President Joe Biden came to an impasse over the debt crisis. House Majority Leader Eric Canter (R-VA) announced that he was pulling out of the negotiations over deficit-reduction because he refused to countenance tax increases. Senator Jon Kyl walked out the door with him. Weve reached the point where the dynamic needs to change, Cantor said. It is up to the president to come in and talk to the speaker. Weve reached the end of this phase. Biden tried to play it as a victory, even though it was a clear defeat. As all of us at the table said at the outset, the goal of these talks was to report our findings back to our respective leaders, Biden stated. The next phase is in the hands of those leaders, who need to determine the scope of an agreement that can tackle the problem and attract bipartisan support. For now the talks are in abeyance as we await that guidance. Gridlock. Stagnation. Stalemate. Its a beautiful thing.
(Excerpt) Read more at frontpagemag.com ...
LLS
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