Obama, GOP radio duel over government debt ceiling
Saturday's radio addresses by President Obama and a Republican lawmaker preview the challenge the White House faces next week in restarting stalled talks over raising the debt ceiling and averting a government shutdown.
Saturday's radio addresses by President Obama and a Republican legislator offered a preview of the challenge the White House faces next week in restarting stalled talks over raising the federal debt ceiling and averting an August government shutdown.
Congressional Republicans last week pulled out of debt reduction talks led by Vice President Joe Biden citing their opposition to any tax increases being included in a final plan. House Speaker John Boehner warned of “job killing tax hikes.” White House spokesman Jay Carney countered that “millionaires and billionaires and special interests” should have to contribute to cutting the deficit.
On Monday, President Obama is slated to meet separately with Senate Majority Leader Harry Reid (D) of Nevada and with Minority Leader Mitch McConnell (R) of Kentucky to try and restart the talks. So it is not surprising that the Saturday addresses from both parties continued the on-going debate about government fiscal policy.