Saturday, July 23, 2011

US Debt Ceiling TALKS Breakdown

BBC News: Reports that Republican House Speaker John Boehner has walked out on debt talks with President Obama after POTUS demanded tax hikes as part of any deal on the US debt ceiling. The Republicans on this matter should pass a limited cut packages, take the debt ceiling up in till mid way though next year and then go in to recess, then it will be up to Obama to either sign the bill or the US will go in to default. As noted in my last post on this subject the devil is in the details when it comes to Obama, it seems at the last minute Obama tried to pull a fast one to keep his liberal base happy, well if Obama wants to play those kind of games with the debt ceiling then the Republicans should just say NO and do the above and leave town.

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