Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Out-Of-The-Loop Lawmakers Try To Sway WH Debt Talks - RollCall

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 03:19 PM
Original message
Out-Of-The-Loop Lawmakers Try To Sway WH Debt Talks - RollCall
Out-of-the-Loop Lawmakers Try to Sway WH Debt Talks
By Meredith Shiner
Roll Call Staff
July 9, 2011, 2:16 p.m.

<snip>

The weekend leading up to a marathon meeting between Congressional leaders and the president Sunday night is quickly turning into a display of who can make the most noise.

Beginning with a secret meeting between President Barack Obama and Speaker John Boehner (R-Ohio) last Sunday, momentum toward making a deal to cut trillions of dollars from the deficit while averting an Aug. 2 government default appears stronger than it has been since the budget talks led by Vice President Joseph Biden broke down last month, sources close to Congressional leaders say. Those same people also acknowledge that whatever bargain might be struck will be up to Boehner and Obama.

However, that reality has not stopped others from trying to influence a closed-door debate from the proverbial hallways. And the clashing voices do not appear to be helping shore up anyone's place at the bargaining table.

Late Friday evening, Senate Budget Chairman Kent Conrad (D-N.D.) leaked details of a budget he has been working on for months that would cut $4 trillion from the federal deficit — the same total Obama told the Congressional leaders in a Thursday White House meeting that he'd like to see in any deal. Obama had presented leaders with three options, a "small," "medium" and "large" deficit reduction package, strongly opposing a smaller deal and preferring an agreement that would range from the "medium" $3 trillion to the "large" $4 trillion.

Just Thursday, aides said Conrad would hold off on unveiling his budget. He did not release his plan with the blessing of Senate Democratic leadership and did not inform House Budget ranking member Chris Van Hollen (D-Md.) or Van Hollen's staff beforehand, a courtesy usually extended. Conrad had presented his plan to Senate Democrats in a closed-door Caucus meeting Tuesday, but the other members of his party did not want to move forward with the budget until they had a better sense of where the Obama talks were, even though many were supportive of Conrad's work.

<snip>

Much More: http://www.rollcall.com/news/Out-of-the-Loop-Lawmakers-Try-to-Sway-WH-Debt-Talks-207142-1.html

:kick:
Printer Friendly | Permalink |  | Top
DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 03:32 PM
Response to Original message
1. range from the "medium" $3 trillion to the "large" $4 trillion.
Here's something these politicians need to ask themselves in this deficit debate...

With an economy most people say is still in a deep recession, what happens to that weakened economy when you remove $3 to $4 trillion from it?

Printer Friendly | Permalink |  | Top
 
WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 04:16 PM
Response to Reply #1
2. Great Question !!!
:shrug:

:hi:
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 04:58 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC