Obama Lied: Got Cold Feet and Walked away from Debt Deal
Last summer the country faced an all to familiar scenario. The government was about to shut down, and negotiations regarding a raise in the debt ceiling were happening again. The political environment was and still remains one of the more partisan in history, with the word ‘compromise’ being a taboo. There was a glimmer of hope that remained in the form of a deal that could be made in the place of a raise in debt. Speaker Boenher had been coming to the White House frequently for very secretive meetings to discuss a possible deal. The Washington Post reports that the leader of the House Republicans was prepared to allow for $800 billion in increased revenue from tax reform. The discussions continued and all signs pointed towards the deal happening. Both sides would face criticism from their own parties. It was the pressure from democratic skeptics that caused President Obama to walk away from the table. This is contrary to what the Obama administration and democrats have said for the last 8 months. Many Obama critics say that the administration wants to run against a do-nothing congress and any compromise, or deal accomplished would hurt that strategy. After the deal collapsed, Obama lied and said that the GOP walked away from the table, and denied any progress. However there are several key testimonies that are disproving that. Obama’s former chief of staff Bill Daley gave support to the GOP’s claims that the president deserves the blame.
Source: Nation.foxnews.com
