I’ve said it all week, and I had to put a caller in his place today on this. The Democrats are not willing to stick to their agreement made in 2011 on spending. They are only proposing to increase spending while refusing to negotiate with House Republicans.
Senate aides estimate the bill would increase federal borrowing authority by about $1.1 trillion.
The administration estimates the nation will hit the upper bounds of its $16.7 trillion debt ceiling on Oct. 17, although in recent days experts have said that deadline may be flexible.
Senate Republican Leader Mitch McConnell (Ky.) blasted Reid’s proposal for not including any spending reform.
“What he proposes is to raise the debt limit by $1 trillion, but not do anything about the debt,” McConnell said. “Not a single reform to get spending under control. We’ve got a debt close to $17 trillion.
Late this morning, the President telephoned Speaker John Boehner from the Oval Office and repeated what he told him when they met at the White House last week: the President is willing to negotiate with Republicans — after the threat of government shutdown and default have been removed
Boehner told him that the House won’t abdicate their authority here, and reminded the public that the President has a history of failing to negotiate.
And while the president today suggested that I walked away from the deal, I would have to remind him that I was in the Oval Office along with the majority leader, Eric Cantor, when we in fact had an agreement that two days later the president walked away from.
The general consensus is that Boehner actually will fold, and is just talking a big game. Cuz, well, that’s what he does. It doesn’t help that the MSM doesn’t even attempt to challenge Obama on anything.
It ran for one hour and six minutes, with 12 different reporters being called on — although, notably, not Ed Henry of Fox News — and between them they couldn’t muster one question about the catastrophe that is Healthcare.gov or the spectacle of National Park Rangers locking senior-citizen tourists out of war memorials and/or inside their hotels.