Obama cancels fundraising appearances amid stalled debt talks
July 25th, 2011
07:10 AM ET
7 years ago

Obama cancels fundraising appearances amid stalled debt talks

Washington (CNN) - President Barack Obama has canceled two fundraising appearances Monday, a campaign official said, as weekend talks to resolve the nation's debt-ceiling crisis hit a new stalemate.

The move was the latest in a series of setbacks following failed weekend talks that left the sides pursuing separate plans.

"We've hit an impasse," a top Democratic official close to the debt talks said. "We're trying, but there's just no bend on their part."


Filed under: Debt • President Obama
soundoff (8 Responses)
  1. Frank

    Wow. This is a first for Pres Obama. I guess he might be getting serious this week.

    July 25, 2011 07:58 am at 7:58 am |
  2. Mary

    Who is to blame:
    We are in this financial crisis because a far right Republican President led the U.S. to attack a sovereign nation (Iraq) 10 years ago. (I do not buy into the excuse of "suspected WMDs.") The subsequent, violent domino effect that ensued is still draining our economy. Now extreme right Republicans, the Tea Party minority group, is responsible for hog-tying all Congressional Republican leaders, who appear to be too cowardly to lead past them to a compromise. Republicans in general are responsible.

    July 25, 2011 08:23 am at 8:23 am |
  3. Rudy NYC

    "Our primary goal is to make President Obama a one term president." House Minority Leader, Sen. Mitch McConnell

    "No compromise." Speaker of House, Rep. John Boehner

    "We cannot have a debt ceiling default that can be blamed on Republicans." House Minority Leader, Sen. Mitch McConnell

    "No revenue increases." Speaker of House, Rep. John Boehner

    Those are the words of the Congressional leaders of the Republican Party. Do those sound like the words of people who have the best interests of the American people in mind, or just their own.

    July 25, 2011 08:44 am at 8:44 am |
  4. Anders Breivik - Norway

    I have had enough of the nonsense. It isn`t this hard to reduce a deficit [raise the taxes & cut the spending]. The debt ceiling limit is an artificial barrier and a separate topic from deficit reduction.

    Congress needs to be eliminated, literally. Swiftly. Maybe if there were real personal consequences for intransigence and a Congress that for 30 years has done nothing, kicked the can down the road, and has an over inflated sense of its self-importance, THEN things would change for the better.

    July 25, 2011 08:56 am at 8:56 am |
  5. Fair is Fair

    I feel your pain, Obama.

    July 25, 2011 09:16 am at 9:16 am |
  6. Mikey

    Waiting for the cracks about fundraising. All Presidents have done it. Just becasue more Americans support and donate to President Obama is no reason to make silly comments. There are people who want to say that if he puts in a full day on the job and then attends a fundraiser in the evening, that counts as a "fundraising" day. If you go to dinner and a movie with your spouse on a weeknight, sould your employer dock you for a vacation day? Nonetheless, the stupid criticism of our President will continue. It doesn't make the President look bad, just makes his detractors look stupid.

    July 25, 2011 09:23 am at 9:23 am |
  7. Patrick from Minnesota

    It;s comforting to know he has his priorities straight: country before politics. Republicans should follow in this wave of maturity.

    July 25, 2011 09:26 am at 9:26 am |
  8. Mike from Canmore

    Fear not Americans, by Aug 2 a comprimise will be reached, and and that comprimise that you will accept with such relief will be more debt (ie., more interest paid by you to loan sharks) and more austerity ( a gutting of your social programmes, with their funding being re-directed to again the loan sharks. Yes you end up getting both. You can`t have one or the other as the Whitehouse vs Repulican Congress theatrics would have you believe, congratulations, you get both. What are you going to do about it.?

    July 25, 2011 09:46 am at 9:46 am |