Republicans are holding the economy hostage because Obama refuses to negotiate on the debt limit.
Step Two comes next week, when House leaders hope to advance a separate measure that will demand a one-year delay in the law’s implementation in exchange for an agreement to avoid a first-ever default on the nation’s debts sometime next month.
Obama responded with an uncharacteristically angry speech in which he accused Republicans of “trying to mess with me” and “holding the economy hostage.”
…………………….Upon his arrival back in Washington, Obama called Boehner and reiterated his refusal to negotiate over the debt limit, a White House official said, speaking on condition of anonymity to discuss the private conversation.
AND We’re not a deadbeat nation because, well, we’re not a deadbeat nation. Not because we can afford anything, or because Obama is making certain people can make a living in order to pay taxes. No. We’re just not deadbeats, so we’ll increase our debt to pay our debts.
“We are not a deadbeat nation. We don’t run out on our tab,” Obama said. “We’re the world’s bedrock investment. The entire world looks to us to make sure the world economy is stable.”
And Nancy Pelosi of all people IS willing to negotiate. Nancy Pelosi, who just suggested Republicans don’t like Obama because he’s smarter than them. Good first step there lady.
“This place is a mess,” Pelosi said before the vote. “If the idea is to limit government, let’s work together on that.”
So now, the next step is to hold up the bill in the Senate so that it’s closer to deadline before it goes back to the house because………………………………………….?……………………………………?……………………?
I don’t get it. No matter what Reid will add in the funding and then it goes back to the house. Let the Senate get on record. Can’t the house send it right back with that stripped out again?
So in the end whoever has the hot potato on Oct 1 loses?
If so, then I would think you’d want it out of the senate lickety split.
UPDATE: Hot Air gives it a go. Allapundit seems to think it’s really all about Cruz making up for being called on his bluff by Boehner. While that at least makes sense it certainly dumps his esteem (from me) in the toilet.
What he’s doing here is simply showing that he’s willing to take some heat himself before Reid’s scheme succeeds and the spotlight shifts back to the House.