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Obama U-turn as he accepts extension of debt limit for a few days if ......
Mail Online (UK) ^ | 12:07 AM on 21st July 2011 | Daily Mail Reporter

Posted on 07/21/2011 8:29:25 AM PDT by Ernest_at_the_Beach

President Barack Obama called Democratic and Republican leaders back to the White House on Wednesday for bottom-line negotiations on how to prevent a disastrous government default - and cut staggering federal deficits as well.

The White House said for the first time that Mr Obama would accept a short-term extension of the debt limit, but only if a broader deal was already in place and required more time - perhaps a few days - to get through Congress.

The President had previously threatened to veto any stop-gap measure.

*******************************RXCERPT***********************************************

Only way is up: How the U.S. debt has grown since 1981

Only way is up: How the U.S. debt has grown since 1981

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: budgetwars

1 posted on 07/21/2011 8:29:29 AM PDT by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
Gimme a "B"

Gimme an "L"

Gimme an "I"

Gimme a "N"

Gimme a "K"

;-)

2 posted on 07/21/2011 8:35:45 AM PDT by Sacajaweau
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To: Ernest_at_the_Beach
OBAMASBLUFFING
3 posted on 07/21/2011 8:37:48 AM PDT by FrankR ("If you can't make them see the light, let them feel the heat." - R. Reagan)
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To: Ernest_at_the_Beach

One more Barry flip-flop to add to the ever-growing list.


4 posted on 07/21/2011 8:38:40 AM PDT by XenaLee (The only good commie is a dead commie.)
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To: FrankR

Here’s the ONLY ANSWER REPUBLICANS NEED TO GIVE:

WE PASSED THE ONLY REASONABLE BILL IN THE HOUSE ON TUESDAY - PASS THAT BILL OR YOU WILL BE BLAMED!


5 posted on 07/21/2011 8:39:09 AM PDT by princess leah
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To: Ernest_at_the_Beach

Enough of this bullsh*t already. This is what’s needed to be done. The 85 Republican freshmen in the house go en mass to the Boehner and tell him, “Mr. Speaker, here’s the deal. We didn’t create this mess, we got sent here to clean it up and we’re starting today. Tell the President that we’ll give him a 500 billion debt increase in return for 250 billion in non-defense cuts RIGHT THIS F*UCKING MINUTE. You need our votes to get anything through the house and we will withold them if you don’t do this. Have a nice day”


6 posted on 07/21/2011 8:48:58 AM PDT by technically right
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To: Ernest_at_the_Beach

Both oil and unemployment are back up today.
The American People are about to tell Obama to get off of this phony debt ceiling issue and go back to worrying about that.


7 posted on 07/21/2011 9:33:53 AM PDT by Buckeye McFrog
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To: FrankR; NormsRevenge; SunkenCiv; SierraWasp

Nice!


8 posted on 07/21/2011 9:37:49 AM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Sacajaweau

9 posted on 07/21/2011 9:54:57 AM PDT by ckilmer (Phi)
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To: Ernest_at_the_Beach

Obie is betting on Gang of Six, who aren’t ready for the big show.


10 posted on 07/21/2011 10:23:51 AM PDT by Chaguito
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To: FrankR; Ernest_at_the_Beach

Have you got that old Saturday Evening Post painting by that great American artist Norman Rockwell of those dogs playin poker???


11 posted on 07/21/2011 2:33:04 PM PDT by SierraWasp (I'm done being disappointed by "He/She is the only one who can win" and being embarrassed later!!!)
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To: Ernest_at_the_Beach; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Thanks Ernest.


12 posted on 07/21/2011 7:36:34 PM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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