In budget faceoff, Obama warns of 'economic chaos'
Source: AP
A potential federal shutdown looming, President Barack Obama on Monday warned congressional Republicans they could trigger national "economic chaos" if they demand a delay of his health care law as the price for supporting continued spending for federal operations.
House Republican leaders were to meet Tuesday in hopes of finding a formula that would avoid a shutdown on Oct. 1 without alienating party conservatives who insist on votes to undercut the Affordable Care Act. Even more daunting is a mid- to late-October deadline for raising the nation's borrowing limit, which some Republicans also want to use as leverage against the Obama administration.
"Are some of these folks really so beholden to one extreme wing of their party that they're willing to tank the entire economy just because they can't get their way on this issue?" Obama said in a speech at the White House. "Are they really willing to hurt people just to score political points?"
The Republicans don't see it that way.
Read more: http://news.yahoo.com/budget-faceoff-obama-warns-economic-chaos-034507254--finance.html
Turbineguy
(37,295 posts)He should promote totally crazy, guaranteed to fail policies. Of course, the repubs might call the bluff and agree to them. After all, they hate America almost as much as they hate Obama.
Cryptoad
(8,254 posts)quadrature
(2,049 posts)must be real important
another_liberal
(8,821 posts)Overturning legislation named for our first Black President is more important than anything. If they can possibly destroy Obamacare, they will do whatever it takes. Nothing else will matter.
abelenkpe
(9,933 posts)Um, yes.
They cheer the cuts from the sequester to social programs, don't care about our failing infrastructure, and want more cuts.
L0oniX
(31,493 posts)Cryptoad
(8,254 posts)did anything Positive for Working Folks?
I cant remember !
LiberalLovinLug
(14,165 posts)Two birds with one stone.
Another stab at Obamacare
+
they get to tank the economy and then blame it on Obama which will be parroted on Fox News. Other MSM news will follow their usual pattern of "he said he said" so they can blame everyone and no one confusing the viewers. But to a majority out there it will simply be that the gov'ment is screwing up again.