Posted on 10/11/2013 5:28:37 PM PDT by Olog-hai
President Barack Obama on Friday rejected a critical part of the House Republicans latest proposal to extend the federal debt ceiling, which linked a short-term increase to further negotiations on the budget, White House spokesman Jay Carney said.
It is our view that we cannot have a situation where the debt ceiling is extended as part of a budget negotiation process for only six weeks, which would put us right back in the same position that were in now, Carney told reporters in a briefing at the White House.
A proposal that puts a debt-ceiling increase at only six weeks, tied to budget negotiations, would put us right back where we are today in just six weeks, on the verge of Thanksgiving and the obviously important shopping season leading up to the holidays, he said. And that would create enormous uncertainty for our economy.
(Excerpt) Read more at newsmax.com ...
You’re right but if I were the Speaker I would move on to other business until the President and Senate want to work within Constitutional boundaries. What was the latest news about our education system; that American adults are dumb as rocks. Listen to Nancy Pelosi, she is the perfect example of “Idiocracy” (the movie) and proves this claim to be true. Maybe Congress should take aim at the education systems; get rid of social and politically correct crap and go back to basics.
I reject Hussein.
Get Saudi Arabia to straighten the B0z0 out.
I’m not. I’d take enron stock with a promise of payment over a Obama promise.
Bingo; plus the aftermath will sink ANY GOPe POTUS candidate in 2016.
The GOPe has no idea how they are between the rock (Dingy/0bama) and the hard place (po'd TEA Partiers).
bttt
It’s actually funny.
The GOP is trying to sell us out and Obama won’t let them.
The press would never admit that, funny enough.
Inept is appropriate ... but even more damning he's the quintrssrntial Washington insider. A fat cat that has enjoyed the perks of office far too long and comes across as resenting his leadership role because it thrusts him into the spotlight exposing his incompetence. Boehner needs to go ... no question.
Actually Boehner may grant a three month extension to get the issue past the holidays.
This would require the Senate Republicans to block Harry’s ‘rule’ for his debt limit bill tomorrow.
Then House Dems must vote to pass the three month extension.
He cannot get R support for that long.
To get the conservatives to let him do this deal Boehner will have to agree to stick to the CR/Obamacare fight and minibill strategy- no matter what the Senate Republicans do- or something of equal value to them.
That is what I have been thinking every time Obama rejects their many offers to cave. lol! I heard Romney on Fox the other night and they asked him what he regreted in his campaign. He said “Not reaching out enough to Hispanics and being more inclusive. There you have it. We are nobody and amnesty will give them their voters to replace us. That is why we get tossed a few crumbs but not taken seriously.
Obama smells blood in the water. He won't settle for 100%. He will go after 130%. He will want immigration reform + more spending. Obama is several moves after of Boehner. Obama wants an immigration bill to pave the way for more 2014 election fraud.
It would seem so......Keep praying.
I hope he never moves on to other business. Any business passed by Congress and signed by BO will add to regulations or new gov’t programs—I wish they would delay Obamacare AND go home.
Most likely the gop will capitulate. Less because they are cowards, but because they agree.
Let it HAPPEN! Let the damnable government spend right up to the debt limit, and challenge the a$$clown in the WhiteHut to a showdown. Keep the message out to the people...
The pubbies have passed a CR to keep the government open. The dhimmicraps refuse to consider it.
The pubbies in the House have NO OBLIGATION to raise the debt ceiling.
The outcome of hitting the debt ceiling SHOULD be that FedGov is immediately forced to live within its means, and prioritize outgoing payments. The gubmint gets about $220 billion EVERY month in revenues. Currently the debt service is $24 Billion. That’s manageable. Upcoming redemptions are a different story. In recent times, it appears, the gubmint has been rolling the redemptions to new debt. Without an increased debt limit, that won’t happen, so another alternative needs to be undertaken.
The down side, here, is that Zero and 0bamunists get to decide what gets paid...
The dhimmicraps are the hold up on this stuff, but I’m all for letting the debt ceiling remain where it is and let’s see what happens. It’s insanity to keep raising it. We will never repay all of it, anyway. Let’s stop the madness, deal with the fallout, and move forward.
Well. I been saying this and getting flamed but I get emails from Freepers to intimidated by the frenzy on this board . The shutdown was a stupid idea. The public doesn’t like them. Obama owns the media...we don’t after a few days if The One smacking us around from the bully pulpit....ever wonder why they call it that? And the media painting us as extremists...the low info voters are tuning on us with a vengeance. Keep it up and we’ll be saying hello Speaker Pelosi. ...now it’s the whip hand of Valerie Jarrett and Obama calling the shots. Best we’ll get out of this is some means testing on Medicare and take away if the medical devises tax. We could if had those for free. Good job guys.
There have been so many different headlines at different times today that I can't tell where we are anymore.
Drudge's current headline has us already sold down the river by Paul Ryan: "opening" the gubmint, raising the debt ceiling, backing Obamacare, and swishing down the aisle with Obama like just another homo wedding.
Is that just more b.s.?
Obama is in default. He has almost doubled the national debt in almost 5 years. Let him choke on it...
We still have hope....I'm sorry you don't!
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