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Boehner isn't going to give an inch, apparently. Though he'll be "nice" about it. "Our disagreements are not personal and never have been," House Speaker John Boehner (R-OH) just said of the ongoing discussions he's been having with Democratic President Obama about deficit reduction. And Boehner said he appreciates the kind words Obama had to say earlier today about the speaker's efforts to forge a "grand bargain" that leads to significant deficit reduction and action on controlling costs for Social Security, Medicare and other so-called entitlement programs.
But Republicans, Boehner told reporters on Capitol Hill, "do not agree that the government needs more revenues through higher taxes on job creators." The House will not pass such legislation, he added.
He also said: "The president continues to insist on raising taxes, and are just not serious enough about fundamental entitlement reform to solve the problem."
www.dailykos.com
So Boehner and House GOP won't budge on tax cuts for the rich and Dems in congress presumably won't budge on steep Medicare and Social Security cuts. How will this get resolved? My guess is that enough Dems will cave in because Obama will cry to them that if the debt limit isn't raised it will destroy the economy and they won't be re-elected.
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