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 ...
Good. There should NOT be any compromise on a financial condition that unstopped absolutely will damage our country.
The only way to create revenue is to create a climate for jobs....
ah...right...the democrats failed at that..
His guy is one hell of a poker player????
Guess what D.C? You had your fun. You went on a drunken spending spree and now you have to live with it as well.
NO. MORE. OF. OUR. MONEY. As a matter of fact, cut the deadbeats off the dole and give ME back WHAT IS MINE.
/freaking tired of the bullshit games the politicians are playing (and the media I might add).
You know, I think I am with you here. The spin on this article is attempting to make this look like a dem victory if there is an agreement. But 3 or 4 trillion in debt reduction followed by an Obama defeat in 2012, may improve the economy to the point where tax increases will be unnecessary in the future.
I.Do.Not.Believe.The.AP.
But 95% of Freepers do after they claim they don’t. ;)
GOP House members - Be prepared to be unemployed next Nov. You will single handedly reelect the Marxist to the WH for another four years and there will be no America left to even hold an election come Nov 2016.
Harry Reid says No Revenue No Deal. Why the heck can’t Republicans be as strong and say No Increase in Taxes or No deal.
boehner will cave, taxes will be increased
It’s BS, so far as I know. As one blogger put it, “More psy-ops,” to demoralize conservatives.
Things are bad when you can’t decide whether to believe the most powerful Republican in the country or the AP.....
What do Judas, Benedict Arnold, and Boehner have in common? /s =.=
But that was four hours ago. God only knows how much damage the Republicaveins can do in that amount of time.
No, there are REAL consequences....could something good come out of it?..I’d rather not gamble that much with this weak economy as it is. A temporary deal is good enough in my books. I don’t trust Obama to do the right thing, regardless...but at least we’re bidding time and getting someone to back this direction.
If he was lying that blatantly, an effort should be made to strip him of his Speaker’s job.
He probably deserves that anyway.
AP is just pushing the party line for the regime.
"Cave" implies giving in on something one was not willing to give in on before.
However, Boehner has said all along that he was pursuing a debt ceiling limit, but with conditions. You must not have been listening.
I have no idea why this should suprise anyone, in light of the fact that the first lecture Boehner gave the new freshman on their first day on the Hill was about how they had to be ready to be adults and raise the debt ceiling.
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