Thursday, July 21, 2011

Obama is not caving in this time

He has come out of the closet and is totally selling out his Democratic Congress to make a deal.
A Congressional aide briefed on ongoing negotiations between House Speaker John Boehner and President Obama says the two principals may be nearing a "grand bargain" to raise the debt limit which would contain large, set-in-stone spending cuts but only the possibility of future revenue increases.

"All cuts," the aide said. "Maybe revenues some time in the future."
Has any president ever "crossed the aisle" in mid term?

The White House press guy tweeted that BO won't go for a deal without revenue, but he is so deniable it means nothing.

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