How stupid does he think we are?
Posted on 10/07/2013 8:30:11 AM PDT by Hojczyk
Did the White House just blink on the debt-ceiling fight? After weeks of insisting it won’t negotiate on either the budget or the debt ceiling, a top White House adviser said this morning that Barack Obama would sign a short-term lift in the latter to gain more time for a longer-term agreement:
President Obama would accept a short-term increase in the federal borrowing cap , rather than one lasting a year or more, a senior White House official said Monday. The statement was an acknowledgment by the administration that it may not be possible to reach a deal on a long-term increase in the debt ceiling before a critical Oct. 17 deadline.
Gene Sperling, director of the National Economic Council, said members of Congress ultimately have the responsibility to decide how often they want to raise the debt ceiling, although he argued that an extended hike is preferable. …
The Treasury says it will run low on cash in as little as 10 days, placing the nation at risk of a historic default. Some Republicans have suggested that if Congress can’t reach an agreement by Oct. 17, they might try to forge a coalition to support an interim measure to increase the $16.7 trillion debt ceiling for as little as six weeks.
Sperling’s comments Monday suggested that the White House would accept such a measure. The statement was notable because administration officials had rejected a short-term debt ceiling increase during a similar impasse in the summer of 2011, when the White House insisted that the debt limit be increased to cover borrowing through 2012
(Excerpt) Read more at hotair.com ...
There should be no need for an increase....period.
Yup-hold their feet to the fire!
Cracks are forming folks, don’t give up and don’t give in.
And what exactly does this mean?
If I need to stay in my budget and cut back expenses dramatically, why don’t they? Make them CUT!
It’s probably what Thanksgiving and Christmas is best used for to these jerks. So they can trot out “how can you be so heartless”memes
How stupid does he think we are?
A short-term deal?
Why?
All that would mean is a repeat in a few weeks.
The House, Senate and White House have been doing this dance since 2009. Budget crisis, temp deal, new budget crises, temp deal.
I'd like to hold the line, but it has to be done delicately or else we'll be the bad guys.
President Pushover just red-lined the red line.
they want to have this Debt Battle every 3 months until next years elections
Of course they will. Just setting up the next crisis for which they can blame Republicans.
Lower the damn debt. Get rid of Head start, the EPA etc and piggy pensions for lawmakers. Let them get a real job.
Conservatives are ALWAYS going to be the bad guys. You just have to man up and accept it, and do the right thing, regardless.
/johnny
Hey, we haven’t exactly been brilliant lately. They have good cause to think we’re pretty stupid, I’m sorry to say!
The tide might be turning in the public perception with all the nonsense with the National Parks. Something should break soon.
We have to stay strong.
“My final offer is this: nothing.”
How about a real budget dbag? What is the longest this country has gone without a budget? This has got to be close to a record?
Cut the DOJ Budget to H0lder their feet to the fire.
The Senate chose not to vote to authorize that money to be spent, because it did not include money for ObamaCare. Senate Majority Leader Harry Reid says that he wants a "clean" bill from the House of Representatives..."
Thomas Sowell
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