Dem leaders stand by Obama on debt talks, slam Boehner's move
http://thehill.com/homenews/news/173097-reid-stands-by-obama-slams-gop-Senate Majority Leader Harry Reid (D-Nev.) on Friday evening blamed Republicans for the breakdown in deficit reduction talks and echoed the president in insisting that any deal to raise the debt ceiling and reduce the national debt has to be built on a balance between spending cuts and new revenues.
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“It is absolutely stunning to see House Republicans walking away from the negotiating table for a third time at a critical moment for our country’s economy and finances," Van Hollen said in a release. "The time is now for the Speaker to assert leadership over the fringe elements of his own party and have the adult moment that he promised months ago. Their rigid ideology and refusal to compromise on a balanced approach threatens American jobs and our fragile economic recovery, and it is deeply irresponsible.”
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House Minority Leader Nancy Pelosi (D-Calif.) released this statement following Obama’s press conference:
"Speaker Boehner's adult moment is long overdue. Our economy, our children's education, our seniors' security and our nation's fiscal soundness require that we act without further delay. Democrats have been prepared to support President Obama's call for a grand bargain, which enables us to create jobs, protect Social Security, Medicare and Medicaid beneficiaries. We are prepared to compromise consistent with our values, but we will not accept a short-term extension that compromises our economic security."