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President and Speaker joust for credibility on issue of federal deficit

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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 11:45 PM
Original message
President and Speaker joust for credibility on issue of federal deficit
Source: The Hill

President Obama and Speaker John Boehner (R-Ohio) both sought to get the upper hand Monday in the fight over reining in the federal deficit.

While Obama invited Senate Democrats and Republicans to the White House for meetings later this week, Boehner told a New York audience that the $14.3 trillion debt ceiling should be raised only if spending is cut by an amount greater than the increase to the borrowing limit.

* * *
But the two parties are far apart on whether tax increases could be considered. Schumer said a GOP proposal for a spending cap is “impossible” to enact since it ignores revenue.

Sen. Jon Kyl (R-Ariz.), who is set to take part in a second round of talks being led by Vice President Biden on Tuesday, denounced Obama’s position as “shortsighted” since, he argued, tax hikes would cut growth and ultimately reduce revenue.



Read more: http://thehill.com/homenews/administration/160127-obama-boehner-joust-for-credibility-on-debt



I don't see how the media can continue to prop up Republicans as credible when they take tax cuts to the rich off the table. Yet, proposals to privitize Medicare is somehow applauded as "bold" and "courageous"? This is not media. This is corporate propaganda.
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saras Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 12:54 AM
Response to Original message
1. The worst insult I ever heard directed at Obama
...is the idea that he has to 'joust' with Boehner for 'credibility' - that's kind of like wrestling a cockroach, isn't it?

And yes, corporate propaganda is corporate propaganda. It's time we gave up on the obsolete idea of a 'mainstream' media, especially when the mainstream is so far to the left of both parties, without actually being leftist itself.
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earcandle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 01:08 AM
Response to Original message
2. Somebody inform that idiot Kyl that there has not been any growth since Bush... so shut the fuck up
on diehard stupid theories cause we aren't that stupid
anymore.
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 11:15 AM
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3. I've never seen anything from The Hill that wasn't slanted RW.
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