Obama and Biden to powwow with Reid and McConnell on debt talks
June 24th, 2011
11:56 AM ET
10 years ago

Obama and Biden to powwow with Reid and McConnell on debt talks

(CNN) - President Barack Obama and Vice President Joe Biden will meet Monday with Senate Majority Leader Harry Reid, D-Nevada, and Senate Minority Leader Mitch McConnell, R-Kentucky, to discuss "the status of the negotiations to find common ground on a balanced approach to deficit reduction," according to a White House statement released Friday.

Listen: CNN’s Candy Crowley and Bob Costantini talk about the president’s Afghanistan address to the nation; and the breakdown in negotiations to avoid Uncle Sam defaulting:

Obama and Biden will meet with Reid in the morning and McConnell in the afternoon, the statement said.

Filed under: Debt
soundoff (71 Responses)
  1. Rudy NYC

    Did you notice the clever comment from Mitch about the president has a choice to either pursue tax increases or work toward a joint compromise to cut spending. The message is that by wanting tax reforms the president is being partisan and following an ideological agenda.

    June 24, 2011 12:04 pm at 12:04 pm |
  2. Rick McDaniel

    That won't go anywhere.

    June 24, 2011 12:08 pm at 12:08 pm |
  3. Bill from GA

    I hope our President remembers that he owes as much to the people who elected him as mcconnell does to the repugs who elected him.

    If they (repugs) want to destroy America as we know it, Dems should GO DOWN FIGHTING!

    June 24, 2011 12:08 pm at 12:08 pm |
  4. Descarado

    After basking in the polling glow of Navy Seals blowing out Osama bin Laden's brains, Obama is being measured again on his everyday failures by the voters who experience the misery of his incompetence. Real Clear polling averages show the Obama's disapproval rating exceeds his approval rating once again. You can only kill bin Laden once. 2012 cannot arrive soon enough.

    June 24, 2011 12:11 pm at 12:11 pm |
  5. TomSlick454

    A better way to lower oil prices would be to announce the creation of a national solar power refuge. You build a solar panel factory at the site and in ten to fifteen years, free power. You need an area 100 miles by 100 miles in the desert, say white sands New Mexico. The oil price drops on the announcement and the Arabs will be falling over each other to pump oil as fast as they can.

    June 24, 2011 12:14 pm at 12:14 pm |
  6. Dominican mama 4 Obama

    Mr. President: hold firm.

    June 24, 2011 12:20 pm at 12:20 pm |
  7. James

    Isn't Mitch McConnel the guy who made the statements about Planned Parenthood that he latter said wern't intended to be factually accurate? He sounds like the perfect guy for the Republicans to have represent their position about the US debt. A real LIAR. Just like the rest of them. Republicans want to cause an economic disaster in the attept to avoid an economic disaster 5 years from now. All they realy want to do is stop the gov't from assisting poor people so that they can get away with destroying the middle class with slave wages and zero labor regulations.

    June 24, 2011 12:21 pm at 12:21 pm |
  8. Carrington1

    And here is what Obama will say. Tax! Tax! Tax! Spend! Spend! Spend!

    June 24, 2011 12:22 pm at 12:22 pm |
  9. vic , nashville ,tn

    Mr. Cool will listen to republicans than voters

    June 24, 2011 12:26 pm at 12:26 pm |
  10. Edwin R. Murrow

    He's good at talking. He talks and talks and talks.

    June 24, 2011 12:27 pm at 12:27 pm |
  11. 1nd3p3nd3nt

    I love how the President has to not only do his job, but the job of the House and Senate as well. They complain and blame him for everything, and yet he still has to DO everything to accomplish anything! The President is going to solve the economic crisis, not the political parties, since they can't even agree on what color the sky is!

    June 24, 2011 12:28 pm at 12:28 pm |
  12. Rudy NYC

    Someone needs to tell the current leaders of the party of Reagan, their own hero, that Reagan created two recessions because of his tax cuts and had to implement NINE tax increases to get the economy going again. It happened twice during his two terms. He cut taxes, economy declined into recession, he raised taxes, raised them again, economy recovered.

    June 24, 2011 12:28 pm at 12:28 pm |
  13. Taylor

    "If they (repugs) want to destroy America as we know it, Dems should GO DOWN FIGHTING!"

    Because the historical debt increase in the last four years isn't destroying America as we know it?

    June 24, 2011 12:29 pm at 12:29 pm |
  14. Jen

    I have said it a million times, congress does NOT care about the middle class or anyone else other than themselves. Cantor's little walk of fame and Kyle's is clearly a disgrace to the american people. Cantor's worried about keeping his lifesytel and Kyle heck he's leaving so what does he care. He must have some big deal blowing in the wind. It's all about their money and what's in it for them. Remove their retirement benefits and let's see how many other's walk out when things hit a brick wall. This shows how much everyone wants to get along. Tired of the games that are being played.

    June 24, 2011 12:31 pm at 12:31 pm |
  15. Spartan

    All I can say is that the Repubs handed Obama a financial mess, then when Obama tries to clean it up, the ones that caused the mess complain about how he's trying to fix their mess! Then Repubs fight to keep the Bush tax cuts for the ultra rich (850 Billion)!! Now the Repubs want to cut the deficit on the backs of the average tax-paying consumer while crying to high heaven if the Dems want to raise taxes (Revenue to reduce the deficit) on behalf of the rich!!! Gee, does anyone else see a pattern here??

    June 24, 2011 12:32 pm at 12:32 pm |
  16. Sniffit

    This is how it should go:

    Obama: "Go ahead...put your backs up, insist on killing Medicare in exchange for raising the debt ceiling and fail to vote to save us from default and the economic disaster that would cause. I DARE YOU."

    Boehner: *sobs*..."dude, you gotta throw us a bone here or something...please?"

    McConnell: "Meep...meep meeep meeeeep"

    Obama: "Nope. You're either going to do the right thing because it's the right thing to do or you're going to suffer the consequences. Have fun trying to make blame it all on me when your Wall Street puppetmasters come calling. Now get out."

    June 24, 2011 12:32 pm at 12:32 pm |
  17. JB

    Man obama is smart and he can do better he and Mc will find a common ground true American worriors!!

    June 24, 2011 12:33 pm at 12:33 pm |
  18. Mark In Kansas

    It is all Bushs' fault!!! Right! Isn't that what he will say. Maybe Obama planed this all out. Weaken even further a weak economy with spending and then when election time comes make it look like he's doing something extraordinary to save us. Go you highness, go!

    June 24, 2011 12:34 pm at 12:34 pm |
  19. dreamer96

    It's time to launch an investigation in to how the members of the House and Senate get so rich on their stock market investments.

    June 24, 2011 12:34 pm at 12:34 pm |
  20. obama victim

    My Lord...., we so need a new president

    June 24, 2011 12:34 pm at 12:34 pm |
  21. Rudy NYC

    Don't forget, the Republicans destoyed nearly half our manufacturing jobs during the Bush years. Those factories are gone, people. Republicans have no plans to replace them. The only product they are interested in selling is capital itself, which is the pinnacle of capitalism.

    June 24, 2011 12:35 pm at 12:35 pm |
  22. Rudy NYC

    Conservatives are creating a "black hole economy" where all the cash goes in one direction, to the top. The US economy is within site of the event horizon of that vision.

    June 24, 2011 12:38 pm at 12:38 pm |
  23. ThinkAgain

    Don't cave, Mr. President. These Republican yahoos long ago stated they want you to fail, to be a one-term president, and if they have to take the country down to do it, they will.

    Also remember that no matter what you do, they will find fault. By your decision, SEAL Team 6 killed bin Laden – and the Repubs didn't lose a minute to criticize you and try to claim credit.

    Republicans DO NOT have our country's best interest at heart; they are only interested in party and the international corporate sponsors who they serve.

    June 24, 2011 12:39 pm at 12:39 pm |
  24. ThinkAgain

    obama victim: No, what we needed was Al Gore in 2000, when the Republicans stole the election.

    Their end game was and always has been taking over the Supreme Court to pass decisions like Citizens United which hands over more and more power and control to corporations; the elimination of the Middle Class; the privatization of all present government services; a cheap domestic labor supply which is not provided public education; and in general, the transition of our once-great nation into a third-world country where the top 1% own and control everything, there is virtually no Middle Class and the rest of us scrap it out amid crumbling infrastructure.

    June 24, 2011 12:42 pm at 12:42 pm |
  25. Candide

    Carrington1 said "And here is what Obama will say. Tax! Tax! Tax! Spend! Spend! Spend!"

    Let's hope he says tax, tax, to pay for what this country has spent over the last ten and a half years.

    June 24, 2011 12:42 pm at 12:42 pm |
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