Debt Deal Down To Obama, Boehner

Written by FrumForum News on Friday June 24, 2011

The Hill reports:

Negotiations over cutting Washington’s debt plunged into crisis Thursday, as the top Republican negotiator walked out of talks over his Democratic counterparts’ demand that taxes be raised.

The walkout, by House Majority Leader Eric Cantor (R-Va.), means talks to avert a debt default can probably now be salvaged only by two men: President Obama and House Speaker John Boehner (R-Ohio).

The two men, who had sought to break the ice over a round of golf last weekend, met late Wednesday, before the president’s televised speech to the nation about the Afghanistan war, to discuss various issues.

Category: The Feed