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Republican House Speaker John Boehner quits debt talks

Discussion in 'Politics, Religion and Ethics' started by Micawber, Jul 23, 2011.

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  1. Micawber
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    Micawber Renowned Lifetime Member

    Republican House Speaker John Boehner has walked away from crunch debt ceiling talks at the White House with US President Barack Obama.

    Mr Obama said Mr Boehner had rejected an "extraordinarily fair deal" that would have included $650bn (£400bn) of cuts to entitlement programmes.

    The president said he had been willing to take "a lot of heat" from his party.

    Mr Boehner told a news conference afterwards that Mr Obama had "moved the goal posts" by demanding a tax hike.

    President Obama said he wanted a meeting with congressional leaders, including Mr Boehner, at the White House at 1100 (1500 GMT) on Saturday.

    'Left at the altar'

    The negotiations are aimed at avoiding what analysts say would be an economically catastrophic US debt default on 2 August.

    "It is hard to understand why Speaker Boehner would walk away from this kind of deal," President Obama said at a news conference on Friday evening.


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    Micawber, Jul 23, 2011
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  2. oss
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    oss Somewhere Staff Member

    Give me control of my pension I want to move my investments quickly :(

    I'm not invested in the US much but they are going to f-up the world markets and I have my own ideas about percentages, I should have had control of this long ago but I was lazy :(
    oss, Jul 23, 2011
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