Posted on 07/21/2011 2:46:50 PM PDT by AU72
WASHINGTON (AP) — House Speaker John Boehner predicted Thursday that a majority of House Republicans will end up supporting some kind of compromise to avoid a government default. Democrats insisted that higher tax revenue be part of a deal.
White House budget chief Jacob Lew told reporters at the Capitol that "I'm unaware of a deal" between President Barack Obama and congressional Republicans and he repeated that "we've made clear revenues have to be included."
All sides pushed against media reports that Obama and House Speaker John Boehner, R-Ohio, were near an agreement on a grand bargain trading $3 trillion or so in spending cuts and a promise of $1 trillion in tax revenues through a later overhaul of the tax code as part of a deal to extend the government's borrowing authority.
"We're not close to a deal," White House spokesman Jay Carney said.
"While we are keeping the lines of communication open, there is no 'deal' and no progress to report," Boehner spokesman Michael Steel said.
What seems clear is that the White House and Boehner continue to negotiate in hopes of a large deficit-cutting package as an Aug. 2 deadline looms on extending the debt limit.
"''There has been a meeting of the minds ... to try and get a grand bargain, a big deal," said Rep. Chris Van Hollen, D-Md. "I think both sides have remained focused on that."
(Excerpt) Read more at news.yahoo.com ...
Boehner better not be buying the default-on-Aug-3 scare tactic.
It will be just like the CR....we’ll get the royal screw job and Boner will call it a victory.
Boehner was on Rush. Said: “There is no deal. No deal publicly; no deal privately.”
Revenues...Sheesh, well at least they aren't trying to raise taxes. /s
Boner the Bastard
http://www.freerepublic.com/focus/f-news/2751977/posts
I wonder if he ever bites his tongue while attempting to talk out of both sides of his mouth.
This article doesn’t seem to tell us anything.
A crystal clear sign the Republicans are gonna cave is that they’re using the Democrat term “increased revenue”, or simply “revenue” to refer to a tax hike. Take that to the bank.
Just like the Republicans to let the Democrats define the terms of the conversation/debate.
Not a doubt in my mind that crybaby and his cronies will cave. Hope I’m wrong.
the default isn’t a scare tactic, it’s real (and has consequences); But I’d prefer something short-term and work out the long-term...over time.
Wow the LYING spin continues...
We’re getting it from both sides. Flim-flam artists all.
I don’t trust the reports that say there is a deal coming soon. I don’t trust the repubs that say there isn’t. This will all be kept quite confusing until the day they open the box and give us our present. I’m not very optimistic as to how well we are going to like it.
Obama will put a sugar cube in Bohener's mouth and pat him on the head. "Good boy!"
Jerk.
There’s nothing here. More media psyops on conservatives.
Just once in my life, I’d like to see a politician do something radically responsible. We are bankrupting the greatest nation on Earth, and there’s no will to stop it.
I'm not certain Boehner believes that Republican voters will abandon the party...just like GHW Bush didn't believe it. He thinks that stating his position - cut, cap and balance - then giving in to "the inevitable for the good of the country" will be enough to keep voters satisfied.
I think he may be miscalculating badly (something that isn't rare in politics, wherever they are practiced).
“There’s nothing here. More media psyops on conservatives.”
But the FR “Cave Caucus” needs their drama queen fuel for the evening!
BooHoo Boner, when he was ridiculed for his “tan”, said he mows the lawn a lot. Now all of a sudden I guess he’s hired someone to cut the grass. Bottom line is he used tanning cream but had to stop when he became speaker. I never did like him. He’s creepy.
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