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Deficit Talks Break Down on Capitol Hill

Posted on Jun 23, 2011
Wikimedia Commons

He’s out: House Majority Leader Eric Cantor decided Thursday not to participate in deficit talks.

So much for another attempt at bipartisan negotiations. Vice President Joe Biden saw his bid to get both sides talking about ways to deal with the deficit come to a halt on Thursday after all two of the GOP participants cited talk of tax increases as their reason for bowing out.  —KA

Political Hotsheet on CBS News:

Democrats meanwhile, suggested Republicans are “playing with fire” by holding up a vote on raising the debt ceiling.

House Majority Leader Eric Cantor announced this morning that he would skip today’s scheduled meeting because “Democrats continue to insist that any deal must include tax increases.”

Subsequently, Republican Sen. Jon Kyl of Arizona announced he was pulling out of the negotiations. Kyl and Senate Minority Leader Mitch McConnell released a statement saying, “The White House and Democrats are insisting on job-killing tax hikes and new spending. That proposal won’t address our fiscal crisis, our jobs crisis, or protect and reform entitlements.”

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By Inherit The Wind, June 26, 2011 at 4:30 am Link to this comment

All Obama needs to cut the budget is to play hardball:
Immediately cease all Federal expenditures in Red States, and in the Red Congressional districts in Blue states.

Period.  Let the people who elect Kyl, Coburn , Imhofe, McConnell, Rand Paul, etc. that THEY are being cut off because they are out to protect the rich and the polluters.

It would close the deficit, bring us back under the debt limit, and finally scare the HELL out of the arrogant Republicans.

That’s what Tom DeLay would do.  Hell, that’s what Andrew Jackson did, whom my teen refers to as “a real badass!”

But it takes guts, balls, and backbone, something the Dems lack.  Where’s Andrew Jackson, or even Lyndon Johnson when we need them?

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By michael8000, June 24, 2011 at 9:14 am Link to this comment
(Unregistered commenter)

Look at the hacks they had in the negotiations: John Kyl, Eric Cantor. That about says it all. Why on Earth is Cantor the majority leader? He’s deaf and blind, and not very smart: I’ll just skip that meeting dealing with the business of America…maybe I’ll go get a donut and a coffee.

And Mitch McConnell (HAHA) cannot resist saying whatever he wants, even if there’s not a shred of truth in it:

“The White House and Democrats are insisting on job-killing tax hikes and new spending. That proposal won’t address our fiscal crisis, our jobs crisis, or protect and reform entitlements.”

Earth to McConnell: yes, raising taxes will address our fiscal crisis, and it will protect the social safety net. You have no idea how to “address” the jobs crisis.

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By Gmonst, June 23, 2011 at 4:00 pm Link to this comment

Nothing but a theatrical game of chicken.  The debt ceiling will be raised, but only after the dems are forced by those “crazy republicans” to give them everything they want in the budget to narrowly avoid catastrophe.  The republicans play the foil, and the democrats play the powerless victims.  Taxes will be cut and the economy will continue to decline, but the paymasters will be happy and both sides can maintain the illusion of a battle being fought.

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By Rodney, June 23, 2011 at 1:27 pm Link to this comment
(Unregistered commenter)

Eric Cantor is nothing more than a mouthpiece for the
corporations and the rich. They own him just as they
do the rest of America. The owners don’t want to pay
their fair share. That’s for the slaves who are the
working class. Now they are trying to destroy the
working class. Especially the public employees. Their
main goal since winning back the house and the many
Govnernorships has been to destroy the public unions,
take away collective bargaining,and bring down the
standard of living of school teachers,firemen,and
policemen. All to keep their taxes low. The rich
don’t use many of these services anyway. The rich
hire private security,send their children to private
schools and colleges and own multiple homes. They
don’t need public servants. So they buy mouthpieces
like Eric Cantor and the rest of white dudes I mean
the Republican party to do their dirty work. Even
more dangerous they run and finance their own
campagns to achieve their goal.  Race plays a huge
factor in what they are doing. Public sector jobs
once exclusively reserved for white males, have
become one of the largest contributors to the
creation of the black and Hispanic middle class. The
people who have obtained jobs and prospered in those
occupations no longer have to live in poor urban
areas. So the goal is to lower the standard of living
for public workers so that those jobs are no longer
palatable for white men. And teachers,firemen,and
police can be on the save level as janitors,short
order cooks and the slaves without benefits
McDonald’s and Walmart workers. No health care or
substandard health care also lowers their costs which
keeps money in the pockets of the rich.
This has been going on since the days of Ronald
Racist I mean Reagan. And now that we have black
President who their main goal is to see him fail
along with the country, [so they can blame Obama for
what Bush actually did],is willing to allow the
country to go into default, rather that raise any
kind of tax on the rich. Their greed out ways any
patriotism. Especially when it raises their taxes and
causes another black man to fail.

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By vote, June 23, 2011 at 12:28 pm Link to this comment

“Job-killing” is the go to buzzword for the right?  How are they getting away with that?  Let’s repeal NAFTA, then.  Let’s punish companies that move and have moved U.S. jobs overseas.  Let’s make a law that CEO’s, private owners, and stock holders have to invest a percentage of profits directly in to U.S. job creation.

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By TDoff, June 23, 2011 at 11:33 am Link to this comment

The GOPers/Teabaggers refusal to put additional taxes for the wealthy and corporations on the table to balance the budget, makes as little sense as if a Goldman telemarketeer/hustler, temporarily cash-short having blown millions on dope the past few months, found himself on the brink of having his megamillion-dollar yacht repossessed because of defaulting on his last three $1,275,623 monthly payments, refused to ask Blankfein to pony-up the long past-due commissions of $10,960,113 plus $7M bonus he earned in the last quarter of 2010 convincing all those suckers to continue to buy the new scam-investment opportunities Goldman foisted on the world, to replace the discredited ones they had so successfully defrauded people with for years.

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By mackTN, June 23, 2011 at 11:02 am Link to this comment

This is the right wing power play.  Yes, the Repubs have a vested interest in the
president’s failure.  Which is why the president should have raised taxes on the
wealthy when he assumed office and had majorities in Congress.  Instead he
waited until he’d lost Congress. 

Why not adopt a new strategy?  Progressive Leadership!  All those people who
voted for you in 2008 might feel that there’s a huge difference between right and
left and change we can believe in. 

Or maybe you can have Michelle come back from her African vacation where she is
trying to inspire Africans and try to inspire your base instead.

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