Yesterday House Republican leaders met with President Obama at the White House to begin discussing a deal on raising the debt ceiling and ending the government shutdown. The initial proposal by Speaker Boehner to grant a six-week extension on US borrowing authority was rejected by Obama. Apparently the ‘Grand Bargain’ is back.
|By: letsgetitdone Saturday October 5, 2013 7:52 am|
It now looks like the big media and leaders in both parties are no longer focusing on the Government Shutdown crisis, but are now moving on to the notion that the shutdown is melding with the upcoming probable breaching of the debt limit to create a combined mother of all fiscal crises. Along with this, the media and many politicians, encouraged by the President’s standing “strong, strong, strong,” are now directing attention away from whether ObamaCare will be delayed or compromised, to other types of ransom the Administration might pay in return for both re-opening the Government and also providing an increase of an undetermined amount in the debt limit.
|By: DSWright Thursday October 3, 2013 8:18 am|
The end result of the shutdown could be not only a victory for extortion tactics by the minority party, but also long lasting damage to the safety net with cuts to Social Security and Medicare. Speaker John Boehner is telling his Republican colleagues that negotiations are taking place behind the scenes on the so-called ‘Grand Bargain’.
|By: joe shikspack Friday September 27, 2013 6:00 pm|
Just as when last we checked, the red clowns are still refusing to get in the car and leave the ring until the Ringmaster makes an enticing offer. Some of the red clowns have been imbibing in the fermented popcorn and their demands are becoming increasingly delusional. Today the red clowns are going wild, making all of the outrageous demands that they can think of to force the Ringmaster to beat more concessions out of the audience.
All the rage for the past couple of days has been the red clowns saying that they won’t get in the car if the Ringmaster reduces the number of those in the audience without health insurance.
|By: joe shikspack Wednesday September 25, 2013 5:45 pm|
Hey looky, the circus is back in town – and here come the two lead clowns, one red clown and one blue clown – specially chosen by the Ringmaster.
|By: Jon Walker Tuesday August 27, 2013 12:10 pm|
The Obama administration will not negotiate over the debt limit again according to Treasury Secretary Jacob Lew. From CNBC:
|By: Jon Walker Tuesday July 30, 2013 3:10 pm|
Say what you will about George W. Bush, he at least understood the best way to get a “yes” in the often paralyzed Congress was to simply give people what they wanted most. He would give conservatives lower taxes, he would sometimes try to give Democrats increased spending on programs, and he would give corporations a cushy role as needless middlemen.
|By: Jon Walker Tuesday July 30, 2013 7:15 am|
Given that there is a fundamental and unbridgeable disagreement on this issue the administration should have moved on to basically anything else, but it has become Obama’s white whale.
|By: Jon Walker Thursday July 18, 2013 12:10 pm|
The so called “grand bargain” is never going to truly be defeated as long as Barack Obama is president, because for whatever reason, it is a top personal goal of his. Like the monster in a profitable Hollywood horror franchise it is only stopped temporarily until the administration sees a way to revive it.
|By: Jon Walker Thursday June 6, 2013 3:25 pm|
This is some of the better news I have heard in awhile. The Center for American Progress has turn against the push for austerity. In a new report the organization points out the policy arguments for a grand bargain are incredibly weak right now and the politics are mostly hopeless.