Get Political Wire by Email:



July 13, 2011


Debt Talks End Abruptly

House Majority Leader Eric Cantor (R-VA) said that President Obama "abruptly" and "angrily" walked out of debt ceiling negotiations and suggested all progress in the debt talks had been erased.

Chuck Todd describes what's causing the impasse: "Neither the president nor the House Republican leadership is truly ready to put agreement down on paper. For the president, the hesitancy is about giving a promise of real entitlement reform. For Republicans it's reistance to make a pledge that part of tax reform could mean the expiration of the Bush tax cuts on the wealthiest Americans (the Republicans)."














POLITICAL WIRE PODCAST

Political Wire Podcast Engaging conversations about elections and the political issues of the day. Subscribe via iTunes or RSS to get episodes automatically downloaded.


FREE NEWSLETTER




TRENDING VIDEO







PARTNERS











FOLLOW US