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September 19, 2011
…though it came close to happening, the ‘grand bargain’ ultimately fell apart. Twice. The collapse of that deal taught them two things: Boehner doesn’t have the internal support in his caucus to strike a grand bargain with them, and the American people don’t give points for effort.
Ezra Klein • Breaking down the President’s new debt reduction deal, which he views as an admission by the Obama administration that their bargain-first instincts have been misguided. Not to say that such a strategy is suddenly unpleasant to Obama — his willingness to field GOP ideas has been a staple of his presidency to date. However, Klein’s example of the debt-ceiling “grand bargain” that wasn’t is quite apt; polling did indeed indicate that voters viewed Obama as the more reasonable negotiator, but that can be cold comfort when considering the presidency, a position that demands the highest level of leadership. As a result, Obama’s new deficit plan is less conciliatory, as he didn’t propose raising Medicare’s eligibility age, and has said he’ll veto any bill that cuts Medicare benefits while preserving the status-quo for America’s richest citizens. source (viafollow)
16:34 // 3 years ago
Coming soon: Obama’s press conference where he reveals his $3 billion trillion debt-reduction plan, including the “Buffett Rule.” Watch live at the link above.
Edit: He’s speaking now.

Coming soon: Obama’s press conference where he reveals his $3 billion trillion debt-reduction plan, including the “Buffett Rule.” Watch live at the link above.

Edit: He’s speaking now.

10:36 // 3 years ago
July 11, 2011
"Let’s step up. Let’s do it. I’m prepared to take significant heat from my party to get things done.”

"Let’s step up. Let’s do it. I’m prepared to take significant heat from my party to get things done.”

11:24 // 3 years ago