News / USA

    Angry Obama Says House Republicans Walked Away From Deal

    President Barack Obama makes a statement on the breakdown of debt-ceiling talks, in the Brady Briefing Room at the White House in Washington, DC, July 22, 2011
    President Barack Obama makes a statement on the breakdown of debt-ceiling talks, in the Brady Briefing Room at the White House in Washington, DC, July 22, 2011

    President Barack Obama and Republicans in the U.S. House of Representatives are trading accusations after negotiations for a substantial deficit reduction and debt ceiling package broke down, at least temporarily. Obama said Republicans walked away from a deal, while a top Republican blamed the breakdown on the president.

    Appearing in the White House briefing room with only a few minutes warning late Friday, a visibly angry and frustrated president said he had received a phone call just 30 minutes earlier from House Speaker Republican John Boehner.

    He said Boehner informed him that he was walking away from negotiations for a big deficit- and debt-reduction package, which reports have said could be in the $3 trillion range of combined spending cuts and revenue.

    Obama said he offered Boehner a package containing more than $1 trillion in cuts to domestic and defense discretionary spending, with an additional $650 billion in savings from major government entitlement programs, that would preserve their integrity.

    VOA's Jim Randle speaks with Professor Walt Schubert of La Salle University about government debt and why Greek debt worries lenders more than U.S. debt:

    The president said the White House was seeking revenues less than what the "Gang of Six" bipartisan group of senators proposed this week, and that he had taken "a lot of heat" from his own party.

    Obama questioned why Boehner would walk away from "an extraordinarily fair deal."

    "It is hard to understand why Speaker Boehner would walk away from this kind of deal, and frankly if you look at the commentary out there, there are a lot of Republicans who are puzzled as to why it couldn't get done," said the president.

    Obama, who said he had trouble getting Boehner to return his phone call on Friday, has called Republican and Democratic leaders back to the White House on Saturday and expects them to supply a solution.

    "I want them here at 11:00 tomorrow. We have run out of time, and they are going to have to explain to me how it is that we are going to avoid default," he said.

    Obama warned again of the impacts for the U.S. credit rating if the $14.3 trillion debt ceiling is not raised, or if the debt limit is merely extended for another six months.

    Toward the end of the dramatic appearance, he said he would sign an extension of the debt ceiling through 2013, but said he cannot believe Congress would be "that irresponsible" that they would not avoid a "self-inflicted wound" on the economy.

    Appearing before reporters on Capitol Hill, Boehner accused President Obama of "moving the goal posts" and suddenly proposing some $400 billion in additional revenue that Boehner said amounted to nothing but a tax increase.

    "I gave the president's proposal serious consideration," said Boehner. "But let's understand something, there was an agreement with the White House at $800 billion in revenue. It's the president who walked away from his agreement and demanded more money, at the last minute."

    Boehner said he remains confident congressional leaders from both parties can come together and achieve an agreement next week to avoid a debt default.

    The breakdown in negotiations came after U.S. markets had closed. Asked about the impact on Wall Street on Monday, Obama said he remains confident there will be an extension of the debt limit.

    However, he said Americans facing hard economic times are "desperate" for leaders in Washington to put aside politics and "get something done."

    You May Like

    No More Space Race for US, Rivalry Gives Way to Collaboration

    What began as a struggle for dominance in space between two world powers has changed entirely to one of joint efforts

    Beijing Warns Critics Over South China Sea Dispute

    Official warns critics that the more they challenge China's position regarding disputed territories in one of world’s busiest waterways, the more it will push back

    Move Over Millennials, Here Comes iGeneration

    How the first generation to be born, almost literally, with a smartphone in hand, might change America

    This forum has been closed.
    Comments
         
    There are no comments in this forum. Be first and add one

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    British Government to Resettle Unaccompanied Child Refugeesi
    X
    Henry Ridgwell
    May 06, 2016 9:24 PM
    After criticism from lawmakers across the political spectrum, the British government has signaled that it will accept thousands of unaccompanied Syrian child refugees who have fled to Europe. It follows a campaign by a group of former Jewish refugees who were given refuge in Britain from Nazi persecution in the 1930s. VOA's Henry Ridgwell reports.
    Video

    Video British Government to Resettle Unaccompanied Child Refugees

    After criticism from lawmakers across the political spectrum, the British government has signaled that it will accept thousands of unaccompanied Syrian child refugees who have fled to Europe. It follows a campaign by a group of former Jewish refugees who were given refuge in Britain from Nazi persecution in the 1930s. VOA's Henry Ridgwell reports.
    Video

    Video Strangers Share Secrets Through Postcards

    Frank Warren owns a million secrets. Strangers from around the world send him postcards with their confessions, their disappointments, and their hopes for the future, all anonymously. He displays his favorites online and in exhibits, and shares them with audiences in sold-out appearances around the globe. As VOA's Julie Taboh reports, what started as a simple social experiment has evolved into a multi-faceted and hugely successful global phenomenon.
    Video

    Video Largest Ground-based Telescope Under Construction

    While NASA's engineers are nearing the final phase of assembling the new James Webb space telescope, scheduled to be deployed in 2018, an international consortium led by the U.S. is laying foundations and building parts for a ground-based telescope, much larger than any other. VOA's George Putic reports.
    Video

    Video Image Recognition Market Seen Doubling by 2020

    From auto tagging on Facebook to self-driving cars, image recognition technology as it exists today is still in its beginning phases, experts say — and will soon change the way users and corporations interact with the physical world. VOA's Ramon Taylor reports.
    Video

    Video Child Labor in Afghanistan Remains a Problem

    With war still raging in Afghanistan, the country also faces the problem of child labor as families put their school-age children to work to help make ends meet. But, thanks to VOA's Afghan Service, two families whose children had been working in a brick-making factory - to earn their livings and pay off family debts - now have a new lease on life. Zabihullah Ghazi reports.
    Video

    Video Kurdish Troops Recount Firefight Which Killed US Navy SEAL

    A U.S. Navy SEAL killed Tuesday, when Islamic State fighters punched through Kurdish lines in northern Iraq, was part of a quick reaction force sent to extract other U.S. troops trapped by the surprise offensive. VOA's Kawa Omar spoke with Kurdish troops in the town of Telskuf -- the scene of what U.S. officials called a "dynamic firefight."
    Video

    Video British Lawmakers Warn EU Exit Talks Could Last A Decade

    Leaving the European Union would mean difficult negotiations that could take years to complete, according to a bipartisan group of British lawmakers. While the group did not recommend a vote either way, the lawmakers noted trade deals between the EU and non-EU states take between four and nine years on average. Henry Ridgwell reports on the mounting debate over whether Britain should stay or exit the EU as the June vote approaches.
    Video

    Video NASA Astronauts Train for Commercial Space Flights

    Since the last Shuttle flight in 2011, the United States has been relying on Russian rockets to launch fresh crews to the International Space Station. But that may change in the next few years. NASA and several private space companies are developing advanced capsules capable of taking humans into low orbit and beyond. As VOA's George Putic reports, astronauts are already training for commercial spacecraft in flight simulators.
    Video

    Video US Worried Political Chaos in Iraq Will Hurt IS Fight

    The White House is expressing concern about rising political chaos in Iraq and the impact it could have on the fight against the Islamic State. The U.S. says Iraq needs a stable, central government to help push back the group. But some say Baghdad may not have a unified government any time soon. VOA's White House correspondent Mary Alice Salinas reports.
    Video

    Video Press Freedom in Myanmar Fragile, Limited

    As Myanmar begins a new era with a democratically elected government, many issues of the past confront the new leadership. Among them is press freedom in a country where journalists have been routinely harassed or jailed.
    Video

    Video Taliban Threats Force Messi Fan to Leave Afghanistan

    A young Afghan boy, who recently received autographed shirts and a football from his soccer hero Lionel Messi, has fled his country due to safety concerns. He and his family are now taking refuge in neighboring Pakistan. VOA's Ayaz Gul reports from Islamabad.
    Video

    Video Major Rubbish Burning Experiment Captures Destructive Greenhouse Gases

    The world’s first test to capture environmentally harmful carbon dioxide gases from the fumes of burning rubbish took place recently in Oslo, Norway. The successful experiment at the city's main incinerator plant, showcased a method for capturing most of the carbon dioxide. VOA’s Deborah Block has more.

    Special Report

    Adrift The Invisible African Diaspora