Biden hosts budget talks as debt limit nears
May 5th, 2011
12:27 PM ET
4 years ago

Biden hosts budget talks as debt limit nears

Washington (CNN) – Vice President Joe Biden huddled behind closed doors with top congressional budget negotiators Thursday, seeking to bridge a cavernous partisan divide over taxes and spending before the federal government slams into its debt ceiling this summer.

Biden and Treasury Secretary Tim Geithner met with, among others, House Majority Leader Eric Cantor, R-Virginia; Senate Appropriations Committee Chairman Dan Inouye, D-Hawaii; Senate Budget Committee Chairman Max Baucus, D-Montana; and Sen. Jon Kyl, R-Arizona, a top member of the Senate Finance Committee.

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Filed under: Congress • Debt • Joe Biden
soundoff (14 Responses)
  1. gt

    hope joe can stay awake aong enough to get something done...

    May 5, 2011 12:29 pm at 12:29 pm |
  2. The Day of Financial Reckoning is HERE - The Great Democrat Welfare Society Ends

    Wonderful... This is when you know the Democrats and Obama are NOT serious about getting anything done. They send VP Rip Van Winkle to head the meeting. I wonder what kind of brilliant ideas Mr. Lets-split-Iraq-in-3 has to offer?

    May 5, 2011 12:42 pm at 12:42 pm |
  3. GI Joe

    GOP – our sole mission is to make this a one term president.

    ------------–

    At ALL COSTS, obviously. They care only about their big campaign contributors. If you're wealthy, they care,

    If you're average, poor, unemployed, they DON'T CARE.

    May 5, 2011 12:42 pm at 12:42 pm |
  4. Four and The Door

    The administration, in contrast, has called for a "clean" vote on the cap, which would raise the limit without adding any conditions.
    _______________________________________________________________________________________________
    So Obama wants to blow past this debt limit and right up against the next one again? Why doesn't he just raise it to $25 trillion and forego all the drama? Face it. The American taxpayer and future is screwed for 2 more years. These buffoons don't know how to cut spending. It's not in their DNC... I mean DNA.

    May 5, 2011 12:45 pm at 12:45 pm |
  5. Fair is Fair

    Biden???? What the heck is Bioden going to do besides take a cat nap?

    May 5, 2011 12:56 pm at 12:56 pm |
  6. The Day of Financial Reckoning is HERE - The Great Democrat Welfare Society Ends

    seeking to bridge a cavernous partisan divide over taxes and spending before the federal government slams into its debt ceiling this summer.
    =================================================================================================
    hey America! WAKE UP!!! To the Democrats and Obama, THERE IS NO DEBT CEILING!!! They ALWAYS raise it which means they're always spending more and more and borrowing more and more.

    My children and grandchildren and even great grand children will be paying for this insanity. FOR THEIR SAKE, VOTE NO! Otherwise they will be saddled with debt that will crush them and this country. Look to Europe for what we have in store if this insanity continues.

    May 5, 2011 01:02 pm at 1:02 pm |
  7. Asa

    That is how serious Democrats and White House are about and budget and the debt limit. They are letting the village idiot Biden lead the discussion. For God sakes when you get beat by Palin from Wasilla, Alaska in a debate discussions relating to your careers ambitions over a lifetime its time to seek other work. Early senility and lack of intellect is what old Joe has to offer.

    May 5, 2011 01:09 pm at 1:09 pm |
  8. gt

    this is all fine and dandy , but the mississippi in running out of its banks .. homes and business are under water. the people in alabama are hurting , and fires in texas,,,and were at new york. getting pictures ... no wonder the american people dont trust government...

    May 5, 2011 01:14 pm at 1:14 pm |
  9. Rudy NYC

    Let's face it. America has a revenue problem. We tax cut our revenue streams to the point of no return. High unemployment adds to the loss revenue. Exported jobs adds to the loss revenue. Banks more willing to invest overseas than in America contributes to a stagnant recovery. The high cost of health care cuts into our amount of disposable income. We started two major wars without raising taxes to pay for them like every other previous president before 2000. (Not even Obama is in the clear on this last front.)

    All of these factors contribute to our growing debt. How do you fix it? We need to to make a brutally honest assessment of our economic state of affairs and only elect those who will do that. Then re-elect those who will make the hard politically incorrect decisions that will inevitably have to be made.

    May 5, 2011 01:15 pm at 1:15 pm |
  10. obama victim

    biden involved in smething important?? scary!!

    May 5, 2011 01:20 pm at 1:20 pm |
  11. Rudy NYC

    @The Day of Financial Reckoning is HERE – The Great Democrat Welfare Society Ends
    Wonderful... This is when you know the Democrats and Obama are NOT serious about getting anything done. They send VP Rip Van Winkle to head the meeting. I wonder what kind of brilliant ideas Mr. Lets-split-Iraq-in-3 has to offer?
    ---------------------
    These statements illustrate what is wrong with our current political atmosphere and why we cannot get our house in order.

    There seems to be a toxicity in the air that hovers over the middle ground. This bad air did not rise from the ground, nor descent from above. It managed to blow in all by itself without anyone noticing its' arrival. Someone else summed it well a few articles back.

    "Agree with everything that I say, or I won't agree with you on anything."

    May 5, 2011 01:22 pm at 1:22 pm |
  12. Rick McDaniel

    Time to cut off Obama's runaway spending........especially when it comes to aid for Pakistan!

    May 5, 2011 01:31 pm at 1:31 pm |
  13. vic , nashville ,tn

    G.W.Bush and republicans raise debt ceiling when ever they want
    Now its big issue
    Obama Got Osama it was amazing ( Friday morning to Saturday night he was every where Sunday night he broke the story)

    He is great leader I have confidence on him he can handle the economy

    May 5, 2011 01:34 pm at 1:34 pm |
  14. Thank God I am a Democrat

    @Four and The Door – For a minute I thought you were serious. Anyway, this has nothing to do with Obama. When the limit gets raised you can thank your repub congressman which hold a majority in the House. They will be the first to approve this. Have a nice day!

    May 5, 2011 02:52 pm at 2:52 pm |