“
“Eric, don’t call my bluff,” the president said, warning Cantor that he would take his case “to the American people.” He told Cantor that no other president — not Ronald Reagan, the president said — would put up with the treatment he was getting from the House majority leader. “
““Obama lit him up. Cantor sat in stunned silence,” said an official in the meeting. “It was incredible. If the public saw Obama he would win in a landslide.” “
“Obama told Cantor that he would either have to agree to tax increases or give up on his demand that the debt hike be matched dollar-to-dollar to the cuts — that is, $2.5 trillion in deficit-reduction over 10 years in exchange for a $2.5 trillion hike in the debt ceiling. “
The White House on Wednesday evening was briefing reporters on its version of what happened in the closed meeting, and is expected to release more details shortly.
This ought to be good. I'll check FOX TV news and get back with you.
If the debt ceiling is to be hiked this year, the spending cuts need to all happen this year. No more apples-to-oranges double-dealing!!!