Washington (CNN) – Top White House and congressional negotiators failed to reach an agreement Tuesday on a budget to cover the remainder of the current fiscal year, bringing the federal government closer to a shutdown at the end of the week.
Key Democrats rejected a Republican proposal to keep the government running for one more week at the cost of an additional $12 billion in cuts. Republicans, meanwhile, dismissed Democrats' insistence that there had been an agreement to cut $33 billion for the rest of the fiscal year.
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"What we can't do is have a 'my way or the highway' approach to this problem,"
Well isn't that convenient. How quickly you've forgotten the very same way you pushed ObamaCare through. Completely arbitrary and with no regard to the voices of the American people. What a hypocrite.
No reason other than spending 8X our GDP every year. Lets have some hope here, that could do it!
Laughable.
"No reason we can't fix budget."
Yeah. Right.
How about ... WHAT IF THE WORLD MOVED OFF OF THE AMERICAN DOLLAR AS THE WORLDS RESERVE CURRENCY
and the U.S. simply couldn't print any more money to articially prop up the economy? (Remember what happened to the Peso not so long ago?) ... and when (not IF) the Arabs, as well as the Asians and Europeans demand that the U.S. pay for imports and commodities in another currency other than the dollar ... How are they going to buy those currencies? Wiith completely devalued U.S. dollars?. How are they then going to pay the interest to those creditors and other country's economies that hold the U.S's debt? THINK ABOUT THAT FOR A FEW MINUTES – and you'll get an idea of the ensuing sh-t storm that is literally just around the corner. TIME TO OPEN YOUR EYES EVERYBODY. Think the government cares about you? Forget about it. They're in cahoots up to the wazoo with the world's banks, big oil and big pharma, and the defense industries – who will NOT allow the U.S. to move off of oil and, gasoline.
If he's so eager to get this done why didn't he get it passed a year ago when he controlled both houses of congress? This is a failure of a Democrat controlled House, Senate and President to address this in 2010 when it was DUE!
I reall wished that the big guys up there would but them selfs in our little guys shoes down here to experince the damage they will cause to this country if they can't agree on this budget crisis. Because this country was build by us the little guys .
It must be tough for the president when he is dealing with a certain political party that can only disagree with good ideas and then hope that they can pray away the problem! Abortion is a law in place so let's move on, if you don't like abortion then do not have one! Anyway a true republican would believe that the government should not interfer with a womens right to choose! The fact that religion has taken such a strong foot hold in the republican party is simply another example of how this party has continued to fail this country and its citizens! As far as the environment why don't we listen to the environmental scientists since they are the only ones who really know what they are talking about!
When the 73 billion dollars is agreed to, why does the speaker say "it must pass with the riders or no deal". The money is agreed to. Just spread the cuts out over everyone. Why do they have to cut programs that protect and educate the public only? This is what we get when we don't show up to vote!!!!!!!!!!!!
I don't think they sure take from handecap and the elderly and the sick peoples and low income peoples and give it to the rich
Wow, not surprised! GOP claiming smoke and mirrors against Democrats. Whats GOP's smoke and mirrors defense when they do not want to tax the wealthier or the big oil companies, I know for sure i pay my part and still struggle to survive, how does taking from the middle class help us when the middle class made the rich wealthy, its a hard decision but if we boycott all these wealthy peoples way of keeping their pockets full, maybe they too would fill the pinch and realize what we middle class go through everyday.
If they can't find 60 billion to cut in a trillion dollar budget then all is lost. Wake up Obama we are broke.
I can't wait to see how Obama caves in on this one.
The democrats had a chance to put a budget together prior to the election. They chickened out.
Why don't the president use both set of spending cuts then both parties winand lose the same and the total saving would be higher just don't cut your active military budget those who serve deserve to know they are taken care of.
Cuts for the most needy in this country so the rich can get richer, that's bone heads idea of balancing the budget, preserving the welfare for the rich mothers' if this happens, this country will be no better than any other third world country that keep the rich rich and poor, sick and dying. Not a country I can be proud of.
why hasn't the GOP fixed our economy yet!?
FIRST!
"What we can't do is have a 'my way or the highway' approach to this problem," he told reporters at the White House. "If we start applying that approach ... we're not going to get anything done this year."
I am sorry but, 6 months have gone by of getting no where! That is more than half a year, billions (if not trillions) of dollars already spent for pointless things. Pointless things include programs that might get cut, reassigned, or even cut for the remainder of FY11! Good job to the GOVERNMENT OF THE USA, the blame gets put onto both sides of the aisle at this point!
We need all the budget cuts we can get. We are broke and doing business with borrowed money. The president seems not to care if we go bankrupt. Get rid of all the pork now. His attitude seems to be "my way or no way". Republicans and democrats need to get this done now for the good of the country and the people who vote for them.
FIRST! Anyone else find it humorous that the government will be shutting itself down?
Looks like the arguing point is the GOP wanting tax breaks for the wealthy.......and for once, I agree with Obama........that simply is NOT acceptable.
"We’re talking about real spending cuts, no smoke and mirrors," Boehner said at a press conference Tuesday. “I’m not gonna allow the senate nor the white house to put us in a box where we have to make a choice between two bad options."
You mean like when you did when you were holding middle-class America at gunpoint to keep tax rates low for the rich?
what i want to know is when does this government going to do what is right for the people and stop trying to serve the interests of big money and labor unions.
So you are saying "its my way or the highway"....I believe I heard you also say that cutting spending will create jobs. Boner, man up and get control of your caucus. We, the people, want compromise – get real. If you are really serious, let's talk about cutting farm subsidies, cut subsidies to the oil companies, etc. There are many areas you REFUSE to acknowledge due to the marching orders you've been given.
You have to make ceremonial cuts to the budget that hurt real people so that Paul Ryan can demand lowering the top tax rate from 35% to 25%.
Why should the rich not be rewarded while the rest of us suffer?
How convenient for obama to say "we can't have 'my way or the highway'" attitude towards the budget. Where was this statement when you were forcing your agenda on the American people? Your $800 Billion spwnding bill, your Trillions of deficit spending, and let's not forget about the healthcare debacle. "My way or the highway" worked pretty good when your party controlled the House and Senate didn't it obama?!