Obama: Public is ‘sold’ on tax increases in a debt-ceiling deal

Comment by Jim Campbell

Apparently lost on most talking heads and many readers following this situation is a little issue within the Constitution.  The Cap Cut and Balance bill passed last night by the house will not likely pass the Senate.  The so called “Gang of Six” plan with led by RINO Mitch McConnell sill not pass both houses of Congress.  Thus, neither plan will make the ‘residents’ desk for signing. 

Then the Obama administration will finally be exposed for the corrupt, lying, tax and spend party it represents, the party of socialism.  Game over check mate. 

Should they follow Slick Willy’s plan of having the President unilaterally sign his non existent plan into law, that could very well become a tipping point and at that point who knows how Americans will react?

That’s my story and I’m sticking to it, I’m J.C. and I approve this message.

Art courtesy of Rich & Lucy@www.TerrellAfterMath.com

 Where are the Americans in this picture?

By Sam Youngman and Alicia M. Cohn

The Hill

President Obama is keeping up the pressure on Republicans to agree to revenue increases in a deal to raise the debt ceiling, claiming 80 percent of the public supports Democrats’ demand for tax increases.

“The American people are sold,” Obama said. “The problem is members of Congress are dug in ideologically.”

Throughout the press conference, Obama blasted Republicans for ignoring what he said is the will of the American people by rejecting tax increases that would balance out spending cuts in a debt package.

“This is not an issue of salesmanship to the American people,” Obama said. “I hope [Republicans are] not just listening to lobbyists and special interests … I hope they’re listening to the American people as well,” Obama said, citing “poll after poll” showing Republican voters, as well as Democrats, believe in taking “a balanced approach” — including both increased revenues and spending cuts in a plan to cut the deficit.

Obama repeated his warning that the country is “running out of time” to avert a financial “Armageddon.”

“We should not even be this close on a deadline,” Obama said. “This is something we should have accomplished earlier.”

The president’s press conference came the day after he wrapped up debt-ceiling negotiations at the White House and gave congressional leaders 24 to 36 hours to consult with members on a possible compromise. Obama is pushing for a sweeping package that would save $4 trillion over 10 years.

Obama said he is still pushing for a “big” deal to raise the debt ceiling by the Aug. 2 deadline despite the hardening of positions on Capitol Hill.

“I always have hope,” Obama said. “Don’t you remember my campaign?”

The president signaled he is opposed to the “Cut, Cap and Balance” proposal that House Republicans coalesced around Friday morning, and he challenged the GOP to “be ambitious” in proposing a package to cut the deficit.

“If they show me a serious plan, I’m ready to move, even if it requires some tough sacrifices on my part,” Obama said.

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