Obama Backs Reid Debt Plan; Will Address The Nation At 9 p.m.

[Purveyor]

Source: USA TODAY

President Obama will address the nation tonight at 9 about the debt ceiling debate, hours after his team endorsed the debt reduction plan put up Senate Democratic leader Harry Reid over the one from Republican House Speaker John Boehner.

"Senator Reid's plan is a reasonable approach that should receive the support of both parties, and we hope the House Republicans will agree to this plan so that America can avoid defaulting on our obligations for the first time in our history," said a statement from White House spokesman Jay Carney.

"The ball is in their court," Carney added.

Obama and aides had criticized Boehner's plan because it calls for a short-term increase of the $14.3 trillion debt ceiling by up to $1 trillion, along with $1.2 trillion in budget cuts; a second round of debt reduction would take place next year in 2012, an election year.

Read more: http://content.usatoday.com/communities/theoval/post/2011/07/obama-backs-reid-debt-plan-over-boehner/1

[dennis4868]

1. The Reid plan....

is going nowhere! Boehner's plan has a better chance of passing...

[earthside]

5. The Reid plan ...

... is the Pat Buchanan plan.

This 'plan' is pretty much what Pat Buchanan on MSNBC has been saying for weeks would be the Repuglican's game ending proposal.

The Boehner plan is even worse ... it wants Obama to go through all this again next April!

Let's face it ... Pres. Obama has blown this badly. He should have laid down the line months and months ago that a clean debt ceiling rise would be all that he would sign. Period.

Instead, he decided to play 'deficit hawk' on the Tea Party battlefield, and he's going to get his ass kicked.

[Name removed]

8. Deleted message

Message removed by moderator. Click here to review the message board rules.

[earthside]

11. That was Boehner's argument yesterday!

Boehner recounted to participants on the call what he told Obama.

“As I read the Constitution, the Congress writes the laws and you get to decide what you want to sign,” Boehner said, recounting what he told the president, according to two sources.

Politico-July 24,, 2011

Ha!

Whose side are you on?

Barack Obama as a Democrat elected to the presidency is the leader of his party ... HE is supposed to lead the "weak dems" in Congress.

Sheesh.

Just plain old political analysis is now characterized as the province of "24/7 haters"!!!

[spooked911]

12. please, Obama is the leader of the party and he could have laid out a much MUCH better

strategy if he was really interested in protecting the peoples' interests

[kirby]

22. Actually Pelosi blew it...

Pelosi had an opportunity to raise the debt ceiling prior to the election of 2010. She didn't want Democrats to have voted to increase the debt ceiling and risk losing the election. All this could have been avoided if she had shown leadership.

[ixion]

2. lol... and the screwing of the US Taxpayer continues

how predictable.

[Sarah Ibarruri]

3. Oh for chrissakes. What's the point? I can guess what he's going to say nt

[dgibby]

4. Obama must want Reid's plan to tank.

Either that or he's the only person on the planet that doesn't know that the Republicans will never approve of anything he endorses.

[nineteen50]

6. And the winner?

Republican Bush and Democrat Obama bought the bankers and
wall-street debt from the crash they caused and now they want
to pay for it with Social Security and Medicare funds. Their
corporatist party wins.

[Jack Sprat]

9. yes. nt

[msongs]

7. pathetic democrats pimping the republican agenda - Boner must be laughing himself silly nt

[Name removed]

10. Deleted message

Sub-thread removed by moderator. Click here to review the message board rules.

[DCBob]

13. I think the President is going to lay it on the line tonight.

This is the deal. There is no time left.

[LetTimmySmoke]

20. The president lays it on the line every speech he gives.

He just never follows through with what he says.

[DCBob]

21. wha? like a dictator would "follow through"??

there are rules and procedures and steps that are required to get things gone in this country... thank goodness.

[Purveyor]

14. Update: Boehner To Address The Nation Following The President's Address

Obama, Boehner to address nation tonight on looming default crisis
By Lynn Sweet on July 25, 2011 4:49 PM | No Comments

WASHINGTON--In dramatic developments, President Obama added an address to the nation tonight at 9 p.m. est to his Monday schedule as an Aug. 2 default looms. House Speaker John Boehner (R-Ohio) will follow with his own speech after Obama's remarks.

http://blogs.suntimes.com/sweet/2011/07/obama_boehner_to_address_natio.html

[Liberalynn]

15. Who wants to bet the Boner

cries and bangs on the table shouting about how much he loves this country? And demands it is his deal or no deal :sarcasm:

He is such a disgusting hypocritical ass.

[Purveyor]

18. Actually, imo, I think it would be a hoot for him to put on such a display for the nation.

[neoralme]

16. I put my bet on the following happening. Obama will deceive the

Party once again--and cave. When we are nearer to default, Obama one day will give a speech about how we are in a crisis and, hence, I have to take the most productive path and cut entitlement programs. This is what he will do, further assuring severe pain to old people and no chance of re-election for himself. This strategy will have been laid out months ago.

[Eatacig]

17. OK, nicer now

The people putting down Obama on this plan, should look a little closer. The Tax cuts expire next year anyway, so ther is the Revenue. The repubs still will have to defend cutting SS in 2012. This is a good deal. x(

[rainlillie]

19. I still agree with your expressed sentiment and I also agree with you here.

[sweetapogee]

23. can someone

please explain to this dullard (yours truly that is) why a government shutdown and a halt to SS checks it wouldn't be a christmas gift to us dems, same as in the past?