Washington (CNN) - President Barack Obama met Wednesday with congressional Republicans a day after the GOP-controlled House of Representatives overwhelmingly rejected a measure to raise the national debt ceiling without any accompanying deficit or spending reduction provisions.
House Speaker John Boehner, R-Ohio, made clear after the White House meeting that his majority caucus wants the government to cut more spending than the amount it needs to raise its borrowing limit to pay all obligations.
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Bush raised it 7 times, not one GOP complaint. Where are all those jobs bills the GOP leader promised? Haven't seen one, but have seen a ton of time wasting.
Obama, just know this truth, the bottom line is, GOP want to cut Medicare, and Social Security, on the pretext of Debt Ceiling limit....it is truth. Then, Blame in your administration....nasty thugs of GOP playing all kinds of silly pranks...just know these things my fellow Americans....be educated....God bless...Obama2012.
With a vote of 319-87, Obama needs to talk to his Democrats instead. The vote didn't get much support there either. Why? The people simply don't support the idea of continued out of control spending. There has to be some responsible spending beginning now. It's obvious that the Democrats only want to spend spend spend and leave the problem to future generations. It's really quite funny, when not that long ago they were shouting about deficits and "It's the economy stupid!". Now, those cries appear to be nothing more than politicians blowing smoke and lies.
Kill the Bush Tax Cuts on the top 2% is on the table. If Republicans wish to walk out, let them leave. Let the Republicans explain to the American people why that tax should be off the table.
This is no time to play games. We 53 year olds are pretty scared you will sacrifice us to play political games. We are the ones that got laid off. We are the ones that were told to leave our experience off our resumes because it ages us. We are the ones that took the first thing offered because we were afraid of not getting another face to face interview after sending out hundreds of resumes. We are the ones that robbed our retirement funds to pay our bills. We are the ones that have given all we can to support our country and now...we are being thrown under the bus.
Stop cutting my pay and benefits while giving tax breaks to oil companies. I don't mind my taxes going up. I am still young enough to work. It is when I get older and can't work....that is what scares me and everyone my age. You know us...the "under 55 crowd but over 50".
Not anything nice about the GOP, I hope to God this backfires come election time.
The whole scenario yesterday by the GOP/TP was a conartist trick!!!! There trying to "Force America to throwing our "Veterans" and "Elderly retired Folks" into the streets!!! This Party is "Dispicable" hate spreading financial disaster to this country!!!! You make me sick!! Vote Obama,and save this country from "Dictatorship" WOW!!!!
White House press secretary Jay Carney had this helpful information to pass along.
In 1983, President Ronald Reagan wrote then-Senate Majority Leader Howard Baker, stating that the debt ceiling must be raised: "The full consequences of a default, even the serious prospect of default, by the United States, are impossible to predict and awesome to contemplate.
"Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets.
"The risks, the costs, the disruptions and the incalculable damage lead me to but one conclusion: the Senate must pass the legislation before the Congress adjourns. (Dated) Nov. 16 1983."
Republicans will point out that Barack Obama, as a first-term senator, opposed raising the debt ceiling in 2006. Who do you think is more credible, Republicans: a first-term senator who was in his second year of office or a president who was on the job for almost three years?
President Obama fortunately remains the adult in the room over issues important to our country. Americans' economic recovery simply cannot afford to default on our nation's loan. It would cause global, economic collapse.
Representatives need to work together to resolve this issue WITHOUT cutting our seniors' Medicare, as Paul Ryan's politicians are proposing.
The answer is so simple. Cut the tax breaks for the rich; rework the tax code to make sense and be fair to everyone. CUT the salaries of Congress, the House, the Senate, etc. These government people forget they work for US; our taxpayer dollars pay their salaries and health care and benefits. They are in a world where their decisions don't hurt them – in they benefit along with the rich – while they're destroying those of us who are not independently wealthy. Imagine: if all the "haves" had to trade places for one day with a "have not" – how much then would they would be willing to contribute to keep all the comforts that they take for granted? Imagine: if one of their loved ones could not received needed medical care – how much then would they be willing to contribute to have the health care they take for granted?
If the Republicans are unwilling to raise taxes, then it shows that they aren't thinking about the full picture. You need to look at both sides of the ledger. I don't make the huge amounts of money that CEOs do, but I would be willing to have everyone's taxes including my own to be raised if it went to cover a large part of the debt. I also agree that spending needs to be cut as well. Part of that will happen when we are done with Iraq (a mistake) and Afghanistan (a good reason to go there).
My, my. Not only are the GOPers using the debt ceiling as hostage to get their way in killing Medicare, but AFTER yesterdays vote, many of those who voted NO on raisng the debt ceiling also contacted their Wall Street buddies to reassure them that they ARE holding the debt ceiling hostage until they get their way on killing medicare. Proof positive that they are not interested at all in keeping Medicare solvent, but to the contrary, are very interested in killing it altogether. Might just as well add Social Security to the list of To Kill. It's been a GOPer dream for years.
Proud Member of Global Zero: you and me both.
This quest for power from the GObP is beyond unreasonable, and definitely treacherous. This is what they think of you and me: we're expendable. Under 'normal' circumstances we could withstand yet another "hit" from them, but these are NOT normal circumstances. My just now rebounding 401k CANNOT take another hit. I personally cannot afford these types of terroristic 'politicians'.
Obama 2012.
Democrats wanted an up or down vote on the debt ceiling. The Republicans responded by giving them one and calling their bluff. Then Democrats started backtracking and later voted against it. The sad thing is, the democrats on this site and in Washington are still trying to say it was the Republicans that are "playing politics." Poll after poll shows the people want spending cuts. Democrats are not listening to the American people, but rather their big donors.
America is still watching, Republicans. They are not simply watching what you tell them to watch. They watched you (the very same people) raise the debt limit without hesitation during the Bush-43 administration. The are watching your Great Sucker Punch (Nov/2010) continue to play out. America is watching you gridlock progress. America heard your leaders declare, "no compromises" after the election.
Your behavior is still not creating the jobs you promised. Your actions at all elected levels have killed more jobs than what they created. America heard Republican leaders' remarks, "too bad", when it was pointed out what their policies were doing to jobs. America is watching you, Republicans. America does not care what you want, or what your ideology specifies. America is tired of being the neglected and abused child.
its time to work together ... this is not about failed policy of bush or anyone else......we need to get our country back working again,, .. they need to give and take.. but the waste and spending of money we dont have must stop..
Stay "Tough" Mr.President. We Americans are counting on you to "Save this country from Gop/TP Hatred of our retired,education for our kids,no medical care,give to the "Rich" Birther,death panels, Socialist Party! You have done so much to save our country from "Total Destruction" of the Republican regime! Thank you. Hang tough,sir!!!!!!
The GOP congress is doing what they were elected to do so congrats. They should tell the Narcissist and Chief to pound sand with this big charade about delays devistating the economy. We know what has devistated and economy and that is his polcies since being in office. The fact that Obama keeps trotting out that imbecil Biden for negotiations is a display of just another charade he plays about spending.
The Republican are wrong, They didn't fight this hard when they rise It 7 times when President BUSH was in Office. And got they Dept were It Is Today. The Republican are the One that cause this mess In the First Place. You keep Up the good work President Obama and don't give In.
"Obama needs to talk to his Democrats instead. The vote didn't get much support there either. Why? The people simply don't support the idea of continued out of control spending."
Actually, the reason for voting "no" varies by the Dem. Alot of them voted "no" simply because the bill was a farce and a political game from the get-go: even the GOPer who proposed the legislation in the first place made a speech about how he was going to vote against his own legislation. Tha's not being serious or an adult. Moreover, the "Congressional Finding" in the bill, which of course was written by that same GOPer and supported by the GOPers in the House, was purposefully written to place all blame on Obama's proposed 2012 budget for the need to raise the debt ceiling, which is a blatant FALSEHOOD. The debt ceiling needs to be raised to cover past spending, past budgets, past debt, past deficits, past borrowing and the interest accruing thereon. A PROPOSED budget from President Obama, one that was not even passed and for which none of the spending nor the borrowing that would be needed to make it necessary has occurred, CANNOT AND DOES NOT have an effect on the current debt ceiling situation...and does not effect the debt unless and until it passes and borrowing occurs to cover the spending it proposes. The FACT is, it is 100% impossible for us to pass a budget OF ANY KIND that would not eventually require the debt ceiling to be raised AGAIN and would not contribute to the national debt for many years until long-term savings and cuts contained therein actually start to lessen it. The "Congressional Finding" in the bill was a specious attempt by the GOP to give themselves a basis for claiming that any Dem who voted "yes" was admitting that the only reason the debt ceiling needed to be raised was Obama's proposed budget ("blah blah spending spree, tax & spend, yammer yammer ding dong")...as if it doesn't simply need to be raised, period, because of PAST BUDGETS AND SPENDING and without reference to any proposed future budget.
Despite their snickers today, the GOP will NOT be having the last laugh on this...that's guaranteed. The joke's not on us: the joke IS the GOP.
Oh, goody. Cut Medicare for the millions who's very lives depend on it ... and lower the tax rates once again for the upper 2%ers. Makes perfect sense, yes, GOPers? Might just as well start those room additions to your homes now. Looks as if Grandma, Grandpa, Mom, and Dad will all be coming home soon. P.S. Don't forget to make room for the inevitable scooters and oxygen tanks. I know from past experience with my parents that being mobile is a real plus for the Seniors and Elderly crowd. It makes them feel useful. Too bad so many will in all likelihood be losing their Medicade, which does, you know, cover their Nursing Home expenses. So much for only effecting the under 55 crowd.
The real issue is why are the Republicans so willing to renege on past commitments. The future is negotiable, but the past is set in stone. The debt ceiling covers commitments that have already been made. It allows for agencies like FEMA to allocate emergency funds to places like Joplin, with Congressional approval, without having to cut funding elsewhere as Eric Cantor has demanded. Republicans are showing themselves to be the party of broken promises and reneged deals. America is watching.