President Obama spent Columbus Day at a food bank packing bologna sandwiches for the poor, though slamming Republicans, was also on the menu.
“If Republicans are not willing to set aside partisan concerns, in order to do what’s right for the country, we stand a good chance of defaulting, and defaulting would have a potentially devastating effect on our economy,” says president Obama.
The photo-op allowed the president to continue the dance of trying to keep his fingerprints off direct negotiations so he can stick to his pledge of not negotiating, while still trying to push along the negotiations, which are fluid. Though the broad outlines of the Senate deal include: extending the debt ceiling until February 15th, re-opening the government until approximately January 15th, when a new round of sequester cuts are suppose to kick in.
Democratic efforts to rework those planned automatic cuts and Republican hopes of changing the President’s Health Care law, would largely be worked out in broader budget talks with a deadline of December 15th.
“The problem is that we’ve seen this brinkmanship as a strategy time and time again to try to extract extreme or partisan concessions.”
That blast may not sit well with House Republicans, who still need to approve the senate framework.
“You can’t keep spending money you don’t have. I mean it’s a basic concept. We can’t, we can’t keep raising the limit on an already maxed out credit card,” says Rep. Jim Jordan / (R-OH) / “Fox News Sunday”
His proposed deal does not include a delay to the medical device tax, which is part of the president’s Health Care law. Instead, it will punt it to these broader budget talks in December.
That may anger conservative Senator Ted Cruz and some House Republicans, who remember that the so called super committee, two years ago was suppose to deal with a whole range of budget issues and in the end decided to punt. At the White House, Ed Henry, Fox News.