Geee Posted April 21, 2011 Share Posted April 21, 2011 Fox News:President Obama is starting to feel pressure from his own party to tie spending cuts to a vote to raise the debt limit, even as the administration expresses confidence that Congress will ultimately raise the cap. The latest moderate Democrat to draw a line in the sand is Sen. Mark Pryor, D-Ark., who told members of a local political group Wednesday that he'll need to see a commitment to cut spending and overhaul the tax code in order to vote to raise the $14.3 trillion cap. The government is expected to reach that ceiling by mid-May. "What I've told anyone who will listen to me in Washington, including my leadership, is that I'm not going to vote for that unless there is a real and meaningful commitment to debt reduction," Pryor told the Political Animals Club at its monthly meeting at the governor's mansion. Pryor said he believed the upcoming vote on the debt limit would prove whether lawmakers in Washington have the political will to begin addressing government spending. Meanwhile, three Democrats and three Republicans in the Senate are trying to strike an agreement by early May that would call for spending cuts, as well as changes in the tax code, over the next decade. Treasury Secretary Tim Geithner suggested in interviews last weekend that bipartisan congressional leaders have assured the White House they would vote to raise the limit absent a deficit-reduction agreement. Geithner described such an agreement as necessary, but argued that it should not be tied to the debt vote as the possibility of not raising the cap is too fraught with financial risk. Link to comment Share on other sites More sharing options...
NCJim Posted April 22, 2011 Share Posted April 22, 2011 To retire our national debt, we must retire Obama Link to comment Share on other sites More sharing options...
clearvision Posted April 22, 2011 Share Posted April 22, 2011 I'm afraid we need to retire alot more than Obama to retire our debt. Link to comment Share on other sites More sharing options...
NCJim Posted April 22, 2011 Share Posted April 22, 2011 retire Obama would be the first step....it has to happen first cause he will continue to spend like a drunken sailor Link to comment Share on other sites More sharing options...
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