As you may have heard, the debt ceiling debates are not going so well. John Boehner has described dealing with the Democrats as not unlike “dealing with Jell-o” (“Some days it’s firmer than others. Sometimes it’s like they’ve left it out over night…last weekend it was damn near liquid”). Harry Reid has said Eric Cantor is acting “juvenile” and “shouldn’t even be at the table.” A resolution is nowhere in sight and some days it feels like Derek Jeter’s lucky ball is the only one taking this thing seriously. President Obama wants this thing wrapped up by tomorrow and if it doesn’t get done? He’s going to force Congressional leaders to spend the weekend at his vacation house in Maryland. Continue reading »
John Boehner
Where Should Obama Send Congress To Resolve Debt Debate When The Camp David Retreat Ultimately Fails?
By Bess LevinTalk To John Boehner About The Debt Ceiling/Spending Cuts When You’re Ready To Use The ‘T’ Word
By Bess LevinBoehner wants to be “talking about cuts of trillions, not just billions.” Continue reading »
House Speaker John Boehner’s appearance before Wall Street leaders tonight challenges him to provide reassurance that Congress will raise the U.S. debt limit without undercutting Republican demands for spending controls…”The stakes are high for Speaker Boehner,” Senator Chuck Schumer told reporters on a conference call today. He called on Boehner to provide “unwavering reassurance” to the credit markets that House Republicans won’t allow the U.S. to default on its obligations. “The markets do not want to hear more threats,” Schumer said. “The time for brinkmanship is over. There is a lot on the line.” [Bloomberg]
A lot of people on Wall Street have expressed issues with the Chris Dodd’s little proposed bank-reform bill. That’s fine, and House Minority Leader John Boehner doesn’t begrudge them their concerns. He doesn’t much like the thing either, and everyone should fight it tooth and nail. But if he may, Boehner would like to offer some advice for any bankers trying to get their way. Stop being such pussies. Don’t take shit, prisoners or no for an answer.
“Don’t let those little punk staffers take advantage of you and stand up for yourselves,” Boehner said. “All of us are hearing from our friends and constituents on lack of credit, you can’t get a loan, the more your government takes and taxes, the more regulations you have to comply with the more cost you have there and less amount you are going to have available to loan to customers.”
