Boehner Abandons Comprehensive Debt Reduction Negotiations - washingtonpost.com
“The impasse on the massive plan leaves Obama and congressional negotiators back at the smaller package of cuts to federal agency budgets and more modest reforms to entitlement programs. That package, which had been negotiated by Vice President Biden and key GOP leaders including House Majority Leader Eric I. Cantor (R-Va.), would come to somewhere between $2 trillion and $2.4 trillion in savings, allowing for Congress to approve an extension of the federal debt ceiling into the spring of 2013.”
I understand the Republican’s desire to stick to their ideologically based goals, but aren’t they running the risk of this backfiring on them during next year’s election cycle?
Stubbornly walking out twice on perhaps one of the most important national negotiations in our country’s history could prove difficult to defend in the context of necessary action and decision-making with global consequences.