WASHINGTON ? President Barack Obama?s decision to haul lawmakers in day by day to negotiate a debt deal comes down to reality: He has no other choice. The president has essentially cleared his agenda to deal with one enormous crisis.
The threat of an unprecedented government default, combined with the shrinking time left to prevent it, has prompted an extraordinary dynamic in a town of divided government and divisive politics. For five straight days, the president and leaders of Congress have gathered in the Cabinet Room to try to work it out.
?It?s absolutely remarkable,? said Allan Lichtman, a presidential historian at American University.
Whether it is working is still in question.
From the White House perspective, Obama?s all-consuming role as direct negotiator with the top House and Senate lawmakers is essential for maximizing leverage, conveying a sense of urgency and finding the votes in Congress so that both chambers will agree to raise the nation?s borrowing limit by Aug. 2.
Without that vote, the government says it will not have the money to pay its existing bills, an outcome big enough potentially to wallop the world economy.
The Republicans who control the House insist the debt limit should not be raised without a corresponding package
Read More from the Article Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20110715/ap_on_go_pr_wh/us_obama_the_negotiator
Source: http://www.rocketnews.com/2011/07/obamas-hands-on-negotiation-a-political-necessity-ap/
dart giant hogweed cindy anthony sarah jessica parker ins ins david attenborough
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.