Thursday, July 21, 2011

Compromise!?

Could it be .....

Boehner: House will compromise on debt limit
ANDREW TAYLOR,Associated Press


WASHINGTON (AP) — House Speaker John Boehner predicted Thursday that a majority of House Republicans will end up supporting some kind of compromise as the Senate began debating a House-passed effort to tie an increase in the debt ceiling to conservative demands for a balanced budget amendment to the Constitution.

Majority Leader Harry Reid, D-Nev., called up the measure to placate Republicans demanding a vote. But he said it "doesn't have one chance in a million of passing the Senate."

At a news conference, Boehner told reporters, "Frankly, I think it would be irresponsible on behalf of the Congress and the president not to be looking at back-up strategies for how to solve this problem."

"At the end of the day, we have a responsibility to act," the Ohio Republican said.


This whole debt ceiling default fear never had to happen. Approve the debt increase, then go after legislation to reduce the deficit, if that is what lawmakers want to do. Instead, they have created this - no more debt or die crusade that has stalled the economy, sent fear through financial markets, and further eroded faith in elected officials handling things responsibly and cooperatively.

2 comments:

Anonymous said...

I'm not sure we are on the same page:

Wall Street hasn't panicked yet in fact its been going up!

There are more and more CEO's speaking out against Obamas policies. (The fact that he just doesn't understand business! Even the mayor of Wichita was critical of Obamas view of the Aircraft Industry! He even said he had invited Obama to come to Wichita!)
How can obama favor the Car Industry and their unions and not also represent the Aircraft Industry?

There is an optimism that Obama and the Democrats reign and spending spree - which used money to control the economy! Is about to be altered!

It's too bad the Democrats and Obama want to use the Debt Ceiling as a campaign promotional!

Anonymous said...

NOPE....no compromise. Democrats threw a wrench in it.