Federal Times Blogs
Here’s Politico on yesterday’s debt ceiling negotiations, which are quickly going from bad to worse:
President Barack Obama abruptly walked out of a stormy debt-limit meeting with congressional leaders Wednesday, a dramatic setback to the already shaky negotiations.
“He shoved back and said ‘I’ll see you tomorrow’ and walked out,” House Majority Leader Eric Cantor (R-Va.) told reporters in the Capitol after the meeting.
On a day when the Moody’s rating agency warned that American debt could be downgraded, the White House talks blew up amid a new round of sniping between Obama and Cantor, who are fast becoming bitter enemies.
[...] A Democratic aide said[:] “Cantor rudely interrupted the president three times to advocate for short-term debt ceiling increases while the president was wrapping the meeting. This is just more juvenile behavior from him and Boehner needs to rein him in, and let the grown-ups get to work.”
And House Democratic Whip Steny Hoyer’s take on the same meeting:
Today’s White House meeting was constructive and progress was made.
Oh, Steny. Always the eternal optimist.
Fedline » Feds ask OMB: If debt ceiling isn’t raised, what about us? Says:
July 15th, 2011 at 1:08 pm
[...] something changes soon (and after this week, it’s not looking good) we’re going to see a lot more frayed nerves. There’s 18 days left until Aug. 2 — [...]
Fedline » Deficit talks collapse: What are you hearing? Says:
July 25th, 2011 at 12:31 pm
[...] two weeks ago I described deficit talks as going from bad to worse. Well, on Friday things went from worse to abysmal. President Obama says House Speaker John Boehner [...]