Dog Bites Man: Boehner Balks At Revenue Increases
Deciding to pocket the 2 trillion in cuts President Obama has pre-conceded, House Speaker John Boehner says no to the "Grand Bargain":
Citing differences over tax revenues, House Speaker John A. Boehner on Saturday night said he would drop his push with President Obama for a far-reaching, $4 trillion deficit-reduction plan tied to a proposal to increase the federal debt limit.
Mr. Boehner issued a statement saying he would now urge negotiators to instead focus on trying to craft a smaller package more in line with the $2 trillion in cuts negotiated by Vice President Joseph R. Biden Jr.
I'm shocked! Shocked I tell you! So Obama gets to be labelled as the guy who was willing to cut Social Security and Medicare while at the same time agreeing to slashing government spending that will hurt the economy. Well done. Political bargaining you can believe in. Not.
Speaking for me only
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