Does this mean there is a deal in the works? One that isn’t exactly imminent? Here is the article from the Washington Post.
Boehner: No ‘imminent deal’ on debt
By Paul Kane and Lori MontgomeryHouse Speaker John A. Boehner (R-Ohio) on Friday tried to tamp down expectations of an ambitious but politically painful plan to raise revenue and make changes to popular federal retirement programs, saying there’s no “imminent deal” on the national debt in advance of a key weekend summit at the White House.
A day after siding with President Obama’s push for a massive restructuring of federal spending and the tax code, Boehner suggested that Republicans and Democrats remained far apart on the critical issues.
While the article quotes Obama extensively it does go on to give more on Boehner and what he has said and done:
As the two sides prepared for the Sunday summit at the White House, Rep. Eric Cantor (R-Va.), the House majority leader, announced the cancellation of a recess originally scheduled for later this month. He advised members that the House would be in session the week of July 18.
:hl:“It’s not like there’s some imminent deal,” Boehner told reporters. At one point he held his arms far apart to demonstrate the distance between the two sides, alluding to the fact that increased tax revenues face steep political hurdles in the Republican-controlled House and deep cuts to entitlements face staunch opposition in the Democratic-controlled Senate.:hl:
:hl:“I don’t think this problem has narrowed at all in the last several days,” he said, likening the task of finding a solution to a “Rubik’s Cube” puzzle.:hl:
Negotiations entered a critical phase Thursday at a White House meeting in which Obama challenged congressional leaders to embrace a broad deal that would save as much as $4 trillion over the next decade by overhauling the tax code and tackling all the major drivers of federal spending, including the Pentagon and health and retirement programs.
Obama praised the meeting as “very constructive” and said leaders would convene again Sunday “with the expectation that, at that point, the parties will at least know where each other’s bottom lines are” and will be able to “start engaging in the hard bargaining that’s necessary to get a deal done.”
Obama said the parties “are still far apart on a wide range of issues.” He continued, “But, again, I thought that all the leaders here came in a spirit of compromise, in a spirit of wanting to solve problems on behalf of the American people.”
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