We’re in Trouble Now: President Pushover “Takes Lead in Budget Talks”

Politico reports today that President Obama

signaled on Friday that he is ready to take over the debt-limit negotiations, summoning Senate leaders to the White House next week as the continuing impasse pushes the country closer to a potential default.

Obama will meet separately with Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) on Monday. The meetings follow the collapse Thursday of talks between Vice President Joe Biden and congressional leaders.

This isn’t good news for us liberals. Once Obama gets involved, I think we can assume he will give away the store to the Republicans. He’ll probably give them much more than they’re asking for. We’re going to need some stiffened Democratic spines in the Senate if we want to rescue Medicare and Medicaid. Are there and Democratic Senators left who have spines to stiffen?

“The president is willing to make tough choices, but he cannot ask the middle class and seniors to bear all the burden for deficit reduction and to sacrifice while millionaires and billionaires and special interests get off the hook,” White House press secretary Jay Carney said Friday. That’s not “a fair and balanced approach.”

Oh fine. Just what we needed–a Fox News reference.

Meanwhile, House Speaker John Boehner (R-Ohio) said the “realities of the situation” are that the House won’t pass any deal that involves raising new revenues, and the package must include budget reforms and spending cuts that exceed the amount of the debt limit increase, which is expected to top $2 trillion.

Boehner’s demands are insane, but that probably won’t stop Obama from allowing Republicans to put the final nails in the coffin of the U.S. economy.

11 Comments on “We’re in Trouble Now: President Pushover “Takes Lead in Budget Talks””

  1. grayslady says:

    I can’t say it better than your headline. A guy with no morals and no principles is going to negotiate on the budget? Mother of mercy!

  2. […] taking over the budget talks. Watch him give away the store… Bookmark […]

  3. boogieman7167 says:

    im sure he will give them more than they ask . and then he will probley qoute reagan againim sure he will give them more than they ask . and then he will probley qoute reagan

  4. Dario says:

    I’ve said before, it’s kabuki theater. From the beginning, the Biden talks were done to show that the Democrats are forced to give in to the GOP demands. Obama will give away the store and call it a win. Before, both the house and the senate Democrats voted what Obama wanted, rubber stamped everything just like the GOP with Bush. Now the house Republicans will vote “yeah” and the Democrats will vote ‘nay”, while the senate Democrats will rubber stamp. I know the ending, and the surprise would be if the senate doesn’t go along. Fat chance.

  5. Minkoff Minx says:

    It looks like there was some “secret” meeting with Boehner…
    Obama, Boehner talked debt in secret meeting – Political Hotsheet – CBS News

    Early Wednesday evening Speaker John Boehner met with the President in the Oval Office. The get-together was supposed to be a secret. When it leaked, White House spokesman Jay Carney refused to give any hint of what they talked about, other than to say they were “following up on conversations they had on the golf course” last Saturday.

    But sources now tell CBS News what everyone suspected: that the president and Boehner discussed the debt talks on Wednesday. And since that conversation was “following up” on their recent Golf Course summit, it stands to reason that they’ve now been talking about the debt issue for a week.

    Despite the talk, though, neither man has — publicly, at least — given an inch on the most contentious issue: taxes.

    If Obama follows his MO he will put up a front that he is not going to budge for a couple days, then he’ll not only cave, but give the GOP more than what they wanted and asked for.