The White House and a breakout group of eight Republican senators have been unable to find agreement in their attempts at reaching a bipartisan budget deal, separated by long-standing differences over whether to only reduce spending on large benefit programs or whether to combine those cuts with increased tax revenue.
Following a meeting Thursday in the White House, one of the Republicans, Sen. Bob Corker of Tennessee, said the talks had gone nowhere.
"It's pretty evident that there's no common ground right now," Corker said.
The White House described the talks as candid and helpful. Obama has insisted in the past that a big deal over the budget had to include closing tax loopholes that benefit the wealthy.
The eight senators, some participating by teleconference, met in the White House Situation Room with White House chief of staff Denis McDonough, deputy chief of staff Rob Nabors and budget director Sylvia Mathews Burwell. The group last met at the White House four weeks ago.
At the conclusion of Thursday's meeting, no future meeting was scheduled.
The setback comes just ahead of negotiations designed to avoid a government shutdown after the end of the fiscal year on Sept. 30 and about six weeks before the administration says the government will hits its borrowing limit.
Both the White House and congressional Republicans are bracing themselves for a confrontation. While both sides believe they might avoid a government shutdown with a stop gap measure in September, neither side has yet figured out how to extend the debt ceiling after it hits the $16.7 trillion limit.
Via: Newsmax
Continue Reading....
Subscribe to:
Post Comments (Atom)
Popular Posts
-
President Joe Biden is hiding a myriad of information on the more than 75,000 Afghans his administration has brought to the United States ...
-
A pro-amnesty group is forecasting that up to 1.76 million young illegal immigrants would get work permits under President Barack Obama’...
-
Drum roll, please The real Cali story is infinitely darker. It’s time for The Top 7 Things The National Media Always Ignore About Jerry B...
-
HOUSTON, Texas — The funeral service for Harris County Deputy Darren Goforth was held 11 AM, Friday, September 4, 2015 at the 2nd Baptist ...
-
The Isis militant group has seized enough radioactive material from government facilities to suggest it has the capacity to build a...
-
For reporters trying to cover the opening months of Hillary Rodham Clinton's second presidential campaign, Waterloo, Iowa might be her...
-
Forcing you to bake a gay wedding cake is just the start. The gay marriage fascists are pretty resourceful when it comes to using the po...
-
Oprah Winfrey has said racism is still a problem around the world and the only way for it to end is for generations of racists to die out. ...
-
Even Big Bird has to make some money. The Sesame Workshop's 990 form for the 2010 tax year reveals that Caroll Spinney, the man behi...
-
A Kentucky Chuck E. Cheese appears to have taken the kid-friendly chain’s “no guns” policy too far, refusing to serve a police officer w...
No comments:
Post a Comment