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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (168439)	8/8/2011 8:37:32 PM
From: ChinuSFO	Respond to of 544038

What I heard the President says is that "You elected this Congress. Now you face the consequences." What can the President do? Call the Congress back into session and have Boehner reject it thereby precipitating a further crisis and make the markets more jittery? Even Steve Forbes, a through and through capitalist, did not agree with the S&P downgrade and reiterated America's ability to pay its debt. That is basically what Obama also said which is a AAA nation. It has always been very clear that Obama wanted a 4T dollar deal to include revenues. But the Congress said take the highway and that is what spooked the S&P. Dana Milbank doesn't know what he is talking about. It is high time the press display some guts and call the spade a spade instead of waiting for a plan from Obama. Obama's plan has been stated over and over again which is a 4T reduction to included spending cuts and tax revenues.