U.S. debt debate must be settled now, Geithner says. Also, Boehner's "two-step process" is DOA.

[jefferson_dem]

U.S. debt debate must be settled now, Geithner says

<SNIP>

President Barack Obama continues to negotiate with House Speaker John Boehner and other congressional leaders, Geithner said, acknowledging the discussions focused on a possible two-step process.

However, he maintained the administration's opposition to requiring two votes by Congress to increase the debt ceiling -- one now and another in the first half of 2012, when the election season will be in full bloom.

When asked if Obama will follow through on his threat to veto such a deal, Geithner said Democrats in Congress would prevent such a measure from getting passed.

"It's not going to make it that far ... so that's not a viable option," Geithner said.

"There's nothing wrong with doing this in stages," Geithner added, but a deal must remove the "threat of default" from the country by settling the debt ceiling issue now.

<SNIP>

http://www.cnn.com/2011/POLITICS/07/24/debt.talks.geithner/index.html

[Raven]

1. There is no need for a two-step process. Pass a clean bill and

then get to work.

[msongs]

2. obama and his republican best friends could have a yard sale - sell america for 90% off nt

[jefferson_dem]

4. I wonder if you even read OPs before delivering your hyperbolic flourishes...

[Laughing Mirror]

3. The two step

Andy Warhol guides you through the process:

[CakeGrrl]

5. The GOP is so desperate to drag this out, it's been beyond ridiculous.

And they're more visible every day.