Report: Obama Won't Make Policy Concessions In Debt Limit Talks

[ProSense]

Report: Obama Won't Make Policy Concessions In Debt Limit Talks

Senior White House officials told the Washington Post's Greg Sargent in a story published Thursday that President Obama has no intention to offer congressional Republicans any policy concessions in exchange for raising the debt limit later this month.

From Sargent's report:

In exchange for the debt limit hike, there will be no medical device tax repeal. No Keystone pipeline. Obama administration officials are open to the possibility of face saving moves by Republicans being part of the endgame, but only ones involving process — not policy concessions — such as the McConnell provision, a device floated last year that would have largely transferred debt limit authority to the president.

Administration officials added that while they're confident that Republicans will realize that the onus is largely on them to raise the debt ceiling, Obama is not sure if that it will be done in time. Congress has until Oct. 17 to raise the debt limit or risk a default, which could trigger global economic turmoil.

Reports on Thursday suggested that House Speaker John Boehner (R-OH) is prepared to raise the debt limit even if he doesn't have the backing of a majority of his Republican caucus.

Obama has said repeatedly that he will not negotiate around the debt limit, but some Republicans have been undeterred. House Budget Chairman Paul Ryan (R-WI) said in an interview published last week that "nobody believes" Obama won't engage in negotiations.

http://talkingpointsmemo.com/livewire/report-obama-won-t-make-policy-concessions-in-debt-limit-talks

Obama Tears Into Republicans Over Shutdown: If Americans Just Stopped Working, They’d Be Fired
http://www.democraticunderground.com/10023778368

President Obama NAILS IT in one sentence
http://www.democraticunderground.com/10023778066

[Cha]

1. Good Morning, ProSense.. thanks for

the news!

[LiberalLoner]

2. K&R

[Xipe Totec]

3. I LOVE the comments!

comment by hatescommunistliberals:

The nation is is sick and tired of king obamas childish petulant games! Listening to Netanyahu the other day was so refreshing,it would make a person reflect and see how much our nation has declined by having such an unqualified fool as a president! It was like night and day(no pun intended) listening to B.Netanyahu over a sputtering childish fool who craves a rock star status!

Response by NCSteve:

And there you have it folks. The reason America can't have nice things. Voters like this reasonable, sensible, sober deep-thinking fellow here, with his keen grasp of objective reality and mature opinions formed after the consideration of a variety of news sources.

[ProSense]

10. "And there you have it folks."

[B Calm]

4. Raising the debt limit should not be decided by the people who spent the money, it

should be automatically increased when they spend it.

[freshwest]

13. I love that analogy but it doesn't ring through all the way. Will be back if you want to discuss it.

[sheshe2]

5. K&R!

[BumRushDaShow]

6. K&R

[Robbins]

7. Obama

It's clear he learned from 2011,and he's tired of republicans games.

[Cryptoad]

8. Ummmm

Reports on Thursday suggested that House Speaker John Boehner (R-OH) is prepared to raise the debt limit even if he doesn't have the backing of a majority of his Republican caucus.

Did he get Cruz's OK on this?????????

[SkyDaddy7]

9. I thought Obama was a puch over?

Hell, you see so many DUers saying it but I have not seen any examples...Quite the opposite!!

[seabeyond]

11. just get it off the table now as we watch the repugs trying to connect the two. good. nt

[1StrongBlackMan]

12. I wonder …

And admit I haven’t fully thought this through; but …

“Obama administration officials are open to the possibility of face saving moves by Republicans being part of the endgame, but only ones involving process — not policy concessions — such as the McConnell provision, a device floated last year that would have largely transferred debt limit authority to the president.”

What if, what would be the push back against transferring to the President the authority to increase the debt ceiling that would be effective unless the House and Senate affirmatively vote the increase down. (As opposed to the current process that has it completely in the hands of Congress)?