President still pushing to 'go big' on debt deal
July 22nd, 2011
08:31 AM ET
10 years ago

President still pushing to 'go big' on debt deal

Washington (CNN) - Facing resistance to the outlines of a deal from his own party, President Barack Obama is again making the case to the American people that a package to raise the nation's debt ceiling should include major deficit reduction.

"There will be plenty of haggling over the details of all these plans in the days ahead. But right now, we have the opportunity to do something big and meaningful," the president writes in an op-ed in Friday's USA Today. "This debate shouldn't just be about avoiding the catastrophe of not paying our bills and defaulting on our debt. That's the least we should do. This debate offers the chance to put our economy on stronger footing, restore a sense of fairness in our country, and secure a better future for our children. I want to seize that opportunity, and ask Americans of both parties and no party to join me in that effort."


Filed under: Congress • Debt • Deficit • President Obama • Republicans
soundoff (11 Responses)
  1. Rudy NYC

    The grand unified talking point of the day for Republicans is that their landmark "Cut, Cap, and Balance" is the only best solution. Pretty slick of them to offer up radical plan, the "Ryan Plan", and make a counter offer with a more extreme plan, "CC&B", which is grossly unconstitutional.

    CC&B is unconstitutional in a couple of ways. For one, a simple majority is required to pass bills. You cannot pass bills in one House that ties the hands of the next House to be seated because each House to be seated sets is own "Rules of Procedure".

    If you wish to change either one of those practices, then you need a Constitutional amendment to do it, not a simple majority vote in the House. You cannot pass a law when you have the majority that requires all future laws to have a super majority. How arrogant, ignorant, and abhorrant is that?

    July 22, 2011 08:49 am at 8:49 am |
  2. Rudy NYC

    I am beginning to notice that conservatives have a total disregard for laws that they find inconvenient. There seems to be a prevailing "stop me if you can" approach to the way they do business. The morals they have are limited to what is legal and what is not. And what is legal for you is sometimes just a minor inconvenience to be circumvented. I think Leona Helmsley's attitude summed it best, that laws are not made for the elite of the world.

    July 22, 2011 08:53 am at 8:53 am |
  3. Peter s

    Sir, the thing is if you bend for Republicans you will find yourself on your own!!. Stick it to them you are the elected President and with all respects its "we the people" who got you where you are today and its "we" who iare going to elect you again!!

    July 22, 2011 08:56 am at 8:56 am |

    Mr. President –

    By all means, reduce the deficit and drive the US to a surplus like former President Clinton handed off to George Bush.

    Just don`t attempt to do it by asking the poor & middle clas to give FIRST or MOST otherwise you`l have a revolt on your hands.

    If the GOPTP`ers refuse to end the Bush-era "temporary" tax cuts AND end the loopsholes that FAVOR BigOil, yacht-owners, an those that fly on Gulfstreams & Lears but insist you cut ANYTHING, then you have no choice but to VETO their bills and make history by invoking the 14th Ammendment to make sure the US doesn`t default. The public will BACK YOU, not the Party of Obstructionists. Time to go to the mat. It`s time to throw that brushback pitch at their heads. Simply splitting the difference with the GOP, over the years, has led you as a Democrat to be to the "right" of Ronald Reagan in some ways. From my objective position -outside looking in – the Democrats are repeated capitulating toan intransigent GOP. In politics you get no points for being honorable when your opponent uses HOSTAGE/ TERRORIST tactics.

    Your place in history is treatened because you refuse to swing the big stick – carrying it around on your shoulder and talking with passion during a stump speech isn`t what this country, what democrats & independents are looking for.

    Demand a simple up & down on the debt ceiling [$2.7T] and then demand a 50/50 mix of revenues and spending cuts to put us a a path to a surplus. The more revenues you raise, the EASIER that is.

    July 22, 2011 09:07 am at 9:07 am |
  5. T'sah from Virginia

    I think if the American people understood that their lifelong contribution to Medicare and/or Social Security is NOT enough to take care of them once they retire and live to be 100 years old – they will understand reforms need to occur. The problem is – it should NOT only come from low-income Americans!!! Million/Billionaires should not be collecting SS and Medicare!!!

    I have tried in my entire lifetime to get a decent salary in order to collect a decent SS when I “finally” retire – I am now considered LOW CLASS but still surviving. I had salary decreases and freezes on raises for the past 3-4 years. Social Security payout is based on your salary for the past three years before retirement. It’s not fair to me that I cannot even get to a decent salary that would give me a “decent” – not “over the top” monthly SS payout when I retire.

    Something has got to give here – the RICH are getting RICHER and NOT putting back to the infrastructure of this country. The middle/lower classes are at a standstill and are the main structure for the function of this country – without the workers you have no growth!!!! We do not have LOOPHOLES to get over and we’re tired of it!!!!

    July 22, 2011 09:20 am at 9:20 am |
  6. Mikey

    To all of you Obama doubters and haters: THIS IS WHAT LEADERSHIP LOOKS LIKE.

    Obama 2012

    July 22, 2011 09:48 am at 9:48 am |
  7. Dominican mama 4 Obama

    This is your moment Mr. President.
    You've got the GOTP over a barrell, you need to milk this for all it's worth on behalf of the suffering middle-class; and if you need to continue to go "public" and take it to the American people, then do so as that is one of your fortes: getting us to stand with you.
    We are with you on this one sir ask for the moon and let's see where we land.
    Obama 2012.

    July 22, 2011 09:50 am at 9:50 am |
  8. Canuck

    The Republican party should hang their heads in shame. What type of people profess to be Christians and then choose to cut benefits to their countries most disadvantaged over cuts to bombs, guns, defense contractors and handouts to millionaires??? The word poverty never sems to enter into American political discussion.

    July 22, 2011 10:02 am at 10:02 am |
  9. Rudy NYC

    The 'Gang of Six' is being used by Republicans as a delaying tactic. The Republican Senator has already walked out once, and introduced his own plan. None of the Republicans in the GoS will vote in support of the GoS plan, whatever it is. Their senior member has already trumped the plan with his own.

    July 22, 2011 10:17 am at 10:17 am |
  10. LIP

    President Obama knows, just like former President Bill Clinton knew durnig his presidency, that it is politically wise to compromise and represent ALL of America and not just his party. If he doesn't copme to the center, both he and his party of liberals will suffer a much larger defeat in 2012 than what they experienced in 2010.

    July 22, 2011 10:19 am at 10:19 am |
  11. Democrat Class Warfare & Race Baiting - Destroying the economy, destroying the country

    This debate offers the chance to put our economy on stronger footing, restore a sense of fairness in our country, and secure a better future for our children.
    This clown is such a lying sack of horse puckey. Raising taxes will NOT "put our economy on stronger footing". If that were true, then why did these very same Democrat fools vote to continue the Bush (now Obama) tax rates instead of raising them all?

    "restore a sense of fairness"??? So this buffoon's "sense of fairness" says almost half pay nothing while a very few pay almost all?? It is clear this guy is a pure socialist and uses these phrases to mask his true character.

    And is part of your "better future for our children" another $15 TRILLION in debt that they will have to repay??? What a complete joke this guy is. Anybody believing a word that comes out of his mouth needs their head examined.

    July 22, 2011 10:26 am at 10:26 am |