President Obama Open to Deal with Republicans on Debt Limit Spending Cuts

[Better Believe It]

President Open to Deal on Debt Cap
By DAMIAN PALETTA And CAROL E. LEE
April 12, 2011

White House officials have opened the door to a deal with Republicans that would allow the U.S. to increase its ability to borrow, potentially easing worries in financial markets that the country might default on its debt.

The shift by the White House comes at a critical point in a debate about the country's fiscal future. Last week, Congress and the president inked a deal to avert a government shutdown, shifting the focus of debate to the next milestone: The point in the next few weeks when the U.S. hits its borrowing limit. Republicans in Congress insist that any vote to raise the debt ceiling be accompanied by new spending limits or other deficit-reduction efforts.

On Wednesday, President Barack Obama plans to propose tax increases and cuts to entitlement programs such as Medicare to reduce the deficit. Administration officials hope his proposal might lead to a deal with Republicans.

Another possible avenue—one high-profile proposal among a series—comes from a bipartisan group of six U.S. senators who are close to a plan that would reduce the deficit by $4 trillion over 10 years, Sen. Mark Warner (D., Va.), one of the key members of the group, said Monday. That package could be advanced within 30 days. Mr. Warner said the White House is "very aware of our efforts" and "would like to see us succeed."

Read the full article at:

http://online.wsj.com/article/SB10001424052748703841904576257263426340504.html?mod=WSJ_hp_MIDDLETopStories

[villager]

1. If only he were ever -- even once -- open to a deal with liberals or progressives

n/t

[OHdem10]

2. What is his problem??/

If he thinks this will help him in the polls
, get some fresh coffee Sir. He always appears
to to be so anxious to appease the Republicans.

Then the Republicans beat up on him for not
showing leadership.

Added: He is essentially saying the Republicans
ideas are correct ones.

YOU CAN COMPROMISE. You can give up something you
do not want to give up.

But for Gosh Sakes wait until the Republicans have
you over the barrel. so you can then scream I am doing
this to save the country --these guys have a policy that
is wrong for the country but they are going to shut
us down. Lose jobs, the economy will falter.

There are going to be job losses from all these cuts.
The economy will falter.

For Gosh sakes you do not want to be the cause of it.
Let the Republican Poicy take the blame.

I think I see some Clinton Advisors . Look Guys
this is not 1994.

[JoePhilly]

3. Rightwing Wall Street JOurnal says it ... must be true.

And DU screams ... the sky is falling.

[Better Believe It]

6. And when liberal publications report that they are just "whining professional leftists"!

Got it!

:nopity:

[JoePhilly]

7. Both give the same message 24/7 ... Obama bad.

[Better Believe It]

8. Perhaps you should actually read the articles before forming an opinion on them.

And to claim that liberal publications and the Wall Street Journal present the same political views is complete nonsense.

[Poboy]

4. "Open to a deal with Republicans"? The man is a fucking open wound!

[ladjf]

5. Any chance he might "recuse" himself from matters of State based

on the fact that he is totally alienated from his constituency?