Debt Talks – Dems want a BIG deal
July 6th, 2011
05:50 PM ET
3 years ago

Debt Talks – Dems want a BIG deal

(CNN) – Democratic officials familiar with the deficit negotiations are now saying that the White House is talking about doing a deal larger than the roughly $2 trillion deal we’ve heard discussed in recent weeks. “The president doesn’t want a small deal that kicks the can down the field,” says an official. One official said he thinks there are leaders in both houses of Congress who want to reach “a significant deficit reduction deal…something big and meaningful.”

Officials on both sides of the aisle say this could be in the range of a $3-4 trillion deal.

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Filed under: Congress • Debt • President Obama
soundoff (4 Responses)
  1. Hammerer

    Let's make a deal. Where have we heard that before?
    A BIG DEAL makes it even more scary!
    This bunch has no new ideas and has America on the brink of disaster and are planning to give the final push.

    July 6, 2011 06:01 pm at 6:01 pm |
  2. Rudy NYC

    We all know the Repblicans are trying to extort a smaller deal so that it will be an issue next year. Too bad the Republicans don't realize how weak their positions are. The President can order Congress to act by a given date, or he will exercise his Constitutional power.

    July 6, 2011 06:04 pm at 6:04 pm |
  3. once upon a horse

    I just hope this so called BIG DEAL is not like all the others Obama and the Dems have made where they give up a lot and get little to nothing in return. They need to do what President Clinton said and not blink!

    July 6, 2011 06:37 pm at 6:37 pm |
  4. Albo58

    THIS President and his Dimwit drones wouldn't even be considering a national debt reduction had the Republicans not swept them out of leadership in the House! Now, Mr Grandstand President acts like he's ALWAYS been concerned with the national debt, though he has not contributed one nickel towards reducing the debt since he's been President

    July 6, 2011 08:44 pm at 8:44 pm |