From Breitbart.com:
11 Oct 2013, 8:52 AM PDT 4158 post a comment
House Republicans have sent the White House a revised proposal to lift the debt ceiling for six weeks, as well as reopen government through December 15th, which was their original spending proposal before the partial shutdown. The revised GOP plan reflects the demands Obama made in a meeting with House GOP Leaders on Thursday. It also reflects the unwillingness of the DC GOP to face a fiscal showdown with Democrats.
No more words need be related from the article. That says it all.
Just now, from AP.org:
Accelerated efforts, no agreement on shutdown/debt
WASHINGTON (AP) — With time running short, President Barack Obama and House Speaker John Boehner accelerated efforts Friday to prevent the U.S. Treasury from default and end a partial government shutdown that stretched into an 11th day. The latest impacts: New aircraft grounded, military chaplains silenced and a crab harvest jeopardized in the Bering Sea.
After four years of trillion-dollar deficits, the 2013 federal budget shortfall is expected to register below $700 billion, but Republicans say more cuts are essential. At the same time, the nation’s debt is rising inexorably — the reason for the effort to raise borrowing limit to cover it. The debt was $10.6 trillion when Obama took office during the worst recession in decades, and has grown by $6.1 trillion in the years since.
What is it that I’ve said many times? The best predictor of future performance is past behavior?
BZ
P.S.
Quote for the week: “Liberals want the government to be your mommy. Conservatives want government to be your daddy. Libertarians want it to treat you like an adult.”