Latest Breaking News On - Debt ceiling drama - Page 22 : comparemela.com

congress that it will be great for their campaigns, great for the republican presidential campaign if president obama gets to raise the debt ceiling without doing any spending cuts at all. that the republicans will have tricked the president into the political suicide of not doing any medicare cuts, not cutting social security. but not doing any spending cuts was president obama s original position. on the debate stage in his reelection campaign, the president can say, i was in favor of doing the big deal, i was in favor of the $4 trillion in deficit reduction, but the republicans refused because they wanted to protect tax breaks for corporate jets and tax breaks for hedge fund operators and wall street billionaires and i bent over backwards. he says that all the time, i bent over backwards, but they wouldn t do it. they kept insisting on ending medicare as we know it and cutting social security. there is so much more to come in the debt ceiling drama, but as

Debt ceilingPresident obamaVetoing congressSocial securityCut medicare without cutting special tax giveawaysDebate stageReelection campaignTax breaksWall streetHedge fund operatorsDeficit reductionBig deal4 trillionDebt ceiling dramaEnding medicare