Speaker of the House John Boehner introduced a new argument to the debt ceiling and deficit reduction talks Tuesday, saying raising the borrowing limit is Republicans’ concession in the negotiations.”This debt limit increase is [Obama’s] problem,” he said.
Boehner is trying to force a deficit reduction package entirely based on spending cuts, saying Obama’s demands for new revenues would only be considered if Obama accepted deep cuts to entitlements.
Meanwhile Senate Minority Leader Mitch McConnell (R-KY) offered his strongest criticism yet of President Barack Obama’s leadership in the ongoing talks.
“I have little question that as long as this President is in the Oval Office, a real solution is unattainable,” he said on the Senate floor Tuesday. Adding, “This was not an easy decision for me.”
Obama, he said, “has presented us with three choices: smoke and mirrors, tax hikes or default. Republicans choose none of the above.”
McConnell added the Democratic budget plan would provide only “a couple of billion dollars in cuts up front with empty promises of more to follow.”
‘”I had hoped to do good, but I refuse to do harm,” he said.
Congressional leaders will return to the White House at 3:45 today to continue negotiations on reaching a deal.
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