Welcome And A Good ------ ------ There Are Enjoying Hardcore News! ------ Thank You For Visiting The Hardcore News Web Site! ------ The Most Comprehensive Global News On The Internet! ------ Your , Area's Most Updated News In The , AND THE WORLD! ------ PLEASE NOTE: Hardcore News Is Best If Used With Firefox Or Google Chrome Gecko Type Browser: ------ Hardcore News Web Site Is Best Using A Screen Setting Of 1024 X 768 Or Higher... ------ Your Current IP Address Is From Internet Provider ... This is All We Know About You, Ever Wonder What Kind Of Information Other Web Sites Could Get From Your Computer?... PLEASE BE CAREFUL Who You Share Information With Online! ------ By submitting personal information to any U.S. website, you are consenting that your information is being maintained and or being used here in the United States, is subjected to applicable U.S. laws. Thus... U.S. law may be different than the laws of your home country. ------ Hardcore News IS SAFE! We Never Track Your Moves Or Sell Your Information. ------ The Only Bull-Sh-t On This Site Is The Propaganda! ------ Stay Informed With The Hardcore News ------ All News is AUTO-UPDATED - AUTO-GENERATED Via Keyword Search Terms And Use Of RSS Based News Feeds And Tabbed Headlines On One Page ------ News From Over 40 Reliable News Sources, Even The News Your Not Supposed To Know! ------ PROVIDING UP TO THE MINUTE NEWS With LIVE Video Feeds FROM AROUND THE WORLD! ------ OUR NEWS IS ALWAYS FRESH DIRECTLY FROM THE SOURCE! ------ Again Thank You For Visiting The Hardcore News ------ If You Like This Project And Would Like To See & Help It Grow, Please Consider Donating What Ever You Can By Secure PayPal CLICK HERE ------ Please make a gift to Hardcore News today. Your continued support will ensure that Hardcore News is here reporting THE TRUTH, for a long time to come. It's fast, easy and secure. And Thank You, ------ Only YOU Can Make This Project Worth While! ------ Again Thank You For Visiting The Hardcore News ------
Hardcore Main Stream
Top Stories

Mid East Watch


Tech News


Sports News

Tuesday, July 12, 2011

Boehner, McConnell blast Obama.'Real solution' not possible as long as Obama is president.

McConnell Says 'Real Deal' Not Possible With Obama

WASHINGTON—A "real solution" to U.S. fiscal problems isn't possible as long as President Barack Obama remains in office, Senate Minority Leader Mitch McConnell said Tuesday, heightening the rhetoric surrounding the debt-ceiling debate.
Mr. McConnell, the Senate's top Republican, said he had gone into negotiations in good faith over how to formulate a deficit-reduction package to accompany an increase in the statutory borrowing limit.
The Treasury has said the limit must be raised by Aug. 2 to avoid the potential of a U.S. default on its debts, while Mr. Obama has said he wants a deal by July 22.
After the latest negotiations, led by Mr. Obama, Mr. McConnell said he concluded that the administration had "expressed a fundamental unwillingness" to agree to significant spending cuts.
"But after years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is unattainable," Mr. McConnell said in a Senate floor speech.
Mr. McConnell gave the speech hours before congressional leaders are set to return to the White House for a third negotiating session in as many days in an attempt to overcome the impasse over how to raise the debt ceiling. A senior aide to the Kentucky lawmaker said he still intended to participate in the White House meeting.
Mr. Obama pressed congressional leaders Monday to forge a $4 trillion, 10-year deal during a contentious negotiating session at the White House. Yet the odds appeared to diminish that Democrats and Republicans can bridge their differences over taxes and social programs to reach such a sweeping plan ahead of the debt-limit deadline.
Meanwhile, major business trade groups urged Mr. Obama and Congress to boost the debt ceiling and reach agreement on a long-term deficit-reduction plan.
"Now is the time for our political leaders to put aside partisan differences and act in the nation's best interests," according to the letter, signed by the U.S. Chamber of Commerce, Business Roundtable, the Financial Services Forum, the National Association of Manufacturers and others. "We believe that our nation's economic future is reliant upon their actions and urge them to reach an agreement. It is time to pull together rather than pull apart."
—Jeffrey Sparshott contributed to this article.
Write to Corey Boles at corey.boles@dowjones.com
McConnell, Boehner blast Obama over debt talks 

By David Jackson, USA TODAY

Just hours before another White House meeting, the top two Republicans in Congress blasted President Obama today for a debt reduction proposal they say is more specific about taxes than actual budget cuts.
"In my view the president has presented us with three choices," said Senate Minority Leader Mitch McConnell, R-Ky., referring to efforts to raise the $14.3 trillion debt ceiling. "Smoke and mirrors, tax hikes, or default."
"Republicans choose none of the above," McConnell said. "I had hoped to do good; but I refuse to do harm."
Meanwhile, House Speaker John Boehner, R-Ohio, demanded more specifics from Obama, saying, "Where's the president's plan? When's he going to lay his cards on the table?"
"This debt limit increase is his problem," Boehner said. "I think it's time for him to lead by putting his plan on the table, something that the Congress can pass."
Republican and Democratic leaders are scheduled to meet with Obama at 3:45 p.m., a third straight day of negotiating.
The president has said he will meet with congressional leaders every day until a deal is reached -- but given the increasingly harsh rhetoric, it's hard to see what the meetings are accomplishing.
At one point, McConnell said: "I have little question that as long as this president is in the Oval Office, a real solution is unattainable."
Obama will presumably provide a response to the latest Republican comments when he sits down with CBS News anchor Scott Pelley in an interview to be broadcast this evening.
At a news conference yesterday, Obama said he has "bent over backwards" to work with Republicans on a debt reduction deal that makes real cuts, including changes to Social Security and Medicare; in return, Republicans must sign off on new government revenues via the elimination of certain tax breaks for the wealthy.
"I do not see a path to a deal if they don't budge, period," Obama said. "I mean, if the basic proposition is "it's my way or the highway," then we're probably not going to get something done because we've got divided government."
The negotiations are designed to find a way to raise the nation's $14.3 trillion debt ceiling and avoid a government default on its obligations.
Republicans, including those who run the U.S. House, say they won't vote for a debt ceiling without offsetting budget cuts.
Obama and the Democrats say any debt reduction plan must be "balanced," including new revenues from the elimination of unfair tax breaks.

Hardcore News Is Brought To You By...

Facebook Social & Comments

Hardcore Links