Washington (CNN)–President Barack Obama said Friday evening that he has told the Republican and Democratic leaders in Congress to come to the White House on Saturday morning to "explain to me how we are going to avoid default" on the nation's debt.
The president said his administration had offered "an extraordinarily fair deal" to cut expenditures and raise revenues, in return for Congress agreeing to hike the nation's debt ceiling.
But he said that House Speaker John Boehner "left (him) at the altar" by ending negotiations around 5:30 p.m. Friday.
And we will wait and see what he has to say.
What a crock. The House Republicans have passed 2 bills, both killed in the Senate without a hearing. Reid just said "no, I don't liek them, won't waste time". NO hearings or input. nothing. Where...WHERE are the bills from the Dems? hmmm? Everything that's on paper has come from the Republicans. And Obama has the audacity to blame the Republicans? what a ....fool.
The GOBPbaggers showed their true colors once again, refusing to ask their corporate and billionaire masters to make any sacrifices whatsoever, while expecting the rest of us to pay for decades of Greedy Old Pig fiscal mismanagement dating back to St. Ronny.
Obama is the only sane person in washington
OH PULEEEZE!!!! The Democratic controlled Congress/Senate did NOTHING about a budget for over 800 days.
What is wrong with this picture? Couldn't THEY have done any thing they wanted with the budget/debt ceiling?
Oh right...too busy following the orders of the regime...stimulus, health care....and PARTIES!!!
How about we do what Congress did 7 times under the shrub.
Just do a clean vote to raise the debt ceiling.
Deal with the deficit where it should be dealt with, under the 2012 budget talks.
President Obama, please just use your constitutional powers to raise it yourself without the help of these bums. I can't believe that this is what the conservative party has come to. As I stated in other articles Reagan raised it 18 times and Bush Jr. 7. What is Boehners problem?
It seems 2012 is going to be a good year for the Democrats... The debt ceiling has to be raised. Not raising it is not an option. It's not a bargaining chip. So long as Obama continues to be the responsible one in these negotiations, the majority of the American people (proven by poll after poll) are going to be squarely on his side.
The federal government takes in FAR MORE than it needs to pay the interest on the debt. If they default it will be because OBAMA and his lackeys CHOSE to default. These people are doing nothing but scaring everybody and wrecking the markets and dollar in the process.
WOW – President Obama at his best!!!! Now we will see what Boehner has to say!!!
Make those ideologues in the House get to work and DO SOMETHING for a change.