Video | President Obama Addresses Nation On The “Best” Approach To Cutting Deficit

Updated with video

Reid’s plan gets nod from President Obama, which I’m certain the GOP’s head is moving from side <>side on it on this plan as well.

In the meantime, watch this clip of true Democratic Party support for our President!

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59 Responses to Video | President Obama Addresses Nation On The “Best” Approach To Cutting Deficit

  1. Reid: Boehner’s Plan is Not a Compromise

  2. Ametia says:

    Voters Fear Debt Deal Will Hurt Medicare
    By Ronald Brownstein
    Updated: July 26, 2011 | 9:24 a.m.
    July 25, 2011 | 10:33 p.m.

    Americans expressed more trust in President Obama than in congressional Republicans to make decisions about both the federal deficit and debt ceiling, but continued to display little urgency about the risk of default if the two sides remain stalemated, a new United Technologies/National Journal Congressional Connection Poll found.

    Call it the great disconnect. In Washington and on Wall Street, fears are rising that global financial markets will tumble if the two parties cannot reach an agreement by August 2 to hike the federal debt ceiling. But in the survey, Americans still expressed much more anxiety about other economic challenges—and appeared less concerned that Congress would fail to raise the nation’s borrowing limit than that it would include unacceptable ingredients in any deficit-reduction package accompanying such an increase. Such attitudes may explain why Obama struck such an urgent tone in Monday night’s address.

    The United Technologies/National Journal Congressional Connection Poll was conducted by Princeton Survey Research Associates International on July 21-24, surveying 999 adults. The poll has a margin of error for the full sample of plus or minus 3.8 percentage points (the margin is larger for sample subgroups). This poll was the first in a series of national surveys that will track the public’s priorities for Congress—and its assessment of Washington’s performance—during most weeks that Congress is in session through 2012.

    The best news for Obama in the survey is that a solid plurality of Americans expressed more trust in him than in congressional Republicans to make decisions on the intertwined issues of raising the borrowing limit and reducing long-term debt. On the subject of the deficit, 46 percent of respondents said they trust Obama most to “make the right decisions,” while 34 percent said they place more faith in congressional Republicans. Regarding the debt ceiling, a virtually identical 46 percent leaned toward Obama and 35 percent chose the GOP.

    http://www.nationaljournal.com/daily/voters-fear-debt-deal-will-hurt-medicare-20110725

  3. @breakingnewsusa:Obama Call To Action Crashes Capitol Hill Phone Lines, Websites http://bit.ly/pMRG07

  4. Ametia says:

    EDITORIAL
    Signing Away the Right to Govern
    Published: July 18, 2011

    http://www.nytimes.com/2011/07/19/opinion/19tue1.html?_r=2&sq=signing away right to govern&st=cse&scp=1&pagewanted=print

    It used to be that a sworn oath to preserve, protect and defend the Constitution was the only promise required to become president. But that no longer seems to be enough for a growing number of Republican interest groups, who are demanding that presidential candidates sign pledges shackling them to the corners of conservative ideology. Many candidates are going along, and each pledge they sign undermines the basic principle of democratic government built on compromise and negotiation.

    Both parties have long had litmus tests on issues — abortion, taxation, the environment, the social safety net. The hope was that the candidates would keep their promises, and, when they didn’t, voters who cared deeply about those issues could always pick someone else next time. Human beings, after all, do not come with warranties.

    But iron-clad promises were just what the most rigid Republican ideologues wanted. They had seen too many presidents — specifically Ronald Reagan and George H. W. Bush — bend when confronted by a complex national reality. Both those presidents agreed to new taxes and some Republicans said they did not fight hard enough to outlaw abortion or cut spending to the point where government was unrecognizable. In other words, they compromised a bit, to keep divided government from destroying itself. Washington, the ideologues decided, corrupted true conservatives into moderates.

    More was needed to keep them in line, which gave birth to the signed pledge — no more enforceable than a spoken promise, but a politician’s actual signature was seen as more binding. The oldest and most pernicious of these modern oaths was dreamed up by Grover Norquist, the leader of Americans for Tax Reform, who has managed to get 95 percent of all Republicans in Congress to pledge never to raise taxes for any reason. If they end tax deductions, Mr. Norquist’s pledge-takers say they will match the increase in revenue with further tax cuts.

    That pledge is the single biggest reason the federal government is now on the edge of default. Its signers will not allow revenues in a deal to raise the debt ceiling.

    Its success has now spawned dangerous offspring. There is the Susan B. Anthony pledge, in which candidates promise to appoint antiabortion cabinet officers and cut off federal financing to Planned Parenthood and other abortion providers. It has been signed by Michele Bachmann, Newt Gingrich, Ron Paul, Tim Pawlenty and Rick Santorum. There is the cut, cap and balance pledge to gut the federal government by cutting and capping spending, and enacting a balanced-budget amendment to the Constitution. It has been signed by all of the above candidates, plus Mitt Romney and Herman Cain.

    And there is the particularly bizarre Marriage Vow, in which candidates agree to oppose same-sex marriage, reject Shariah law and pledge personal fidelity to their spouse. Until it was changed after a public outcry, it also contained a line saying that a black child born into slavery in 1860 was more likely to be raised by a two-parent family than a similar child raised in the Obama era. It was signed by Mr. Santorum and Mrs. Bachmann.

    Only one candidate, Jon Huntsman Jr., has refused to sign any pledge, saying he owes allegiance to his flag and his wife. It is refreshing in a field of candidates who have forgotten the true source of political power in America.

  5. Donna Brazile: All the living Presidents & Vice Presidents should speak out ASAP on the implications of USA not paying our bills. Agree? Why are they mum?

  6. CBPP Analysis of John Boehner’s Plan

    http://thinkprogress.org/yglesias/2011/07/25/278913/cbpp-analysis-of-john-boehners-plan/

    The Center on Budget and Policy Priorities concludes that if enacted, John Boehner’s debt ceiling plan “could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history.”

  7. Erin Burnett: S&P Says Reid Plan Will Avoid Downgrade, Boehner Plan Will Not

    • Boehner Debt Ceiling Plan Reportedly May Still Trigger S&P Downgrade

      http://www.huffingtonpost.com/2011/07/25/john-boehner-debt-ceiling-plan_n_909276.html

      WASHINGTON — Minutes before House Speaker John Boehner delivered a prime-time address in which he framed his latest deficit-reduction deal as a silver bullet for the nation’s economic uncertainty, reports surfaced that the plan being crafted by the Ohio Republican would potentially lead to a downgrading of the AAA credit rating of the United States.

      In an address that immediately followed the president’s own, Boehner argued that if the president were to merely sign into law his latest deficit-reduction bill — which slashes more than a trillion dollars in spending before requiring a second tranche of cuts and a second vote — “the ‘crisis’ atmosphere he has created will simply disappear.”

    • Ametia says:

      I give the S & P the side eye They were complicit in the 2008 market crash by not being above with their credit rating numbers. Can’t trust it.

  8. The President went to the people and we crashed the servers!

    http://www.americansunitedforchange.org/page/speakout/balanced-approach

    Since the House servers are down, use this form to send a free fax to Congress asking for a balanced approach.

    Note: Please include your full address, including Ave. or St.

    Let Congress hear your voice!

    • Fax their sorry asses off! I’ve been putting out the fax numbers of these sorry excuses for human beings where ever I could tonight. I have a list. We can bury them in paper. Go For it!

      You want to make them even more crazy, drop by their local offices and tell the staff you need to have a close personal chat with your Senator or Rep. Of course that person won’t be there but you can leave a serious written message that will be passed on. Local staff really don’t like dealing with angry constituents and they move the message
      on as fast as they can.

      • http://theobamadiary.com/2011/07/26/class-warfare/#comments

        Numerous websites for House and Senate members experienced downtime Monday night following a speech from President Barack Obama on ongoing talks to raise the debt ceiling.

        The following websites were among those affected:

        -Senate Minority Leader Mitch McConnell (R-Ky.)
        -House Speaker John Boehner (R-Ohio)
        -Rep. Elliot Engel (D-N.Y.)
        -Sen. Mike Crapo (R-Idaho)
        -Sen. Jim DeMint (R-S.C.)
        -Rep. Charles Rangel (D-N.Y.)
        -Sen. Rand Paul (R-Ky.)
        -Sen. Amy Klobuchar (D-Minn.)
        -Sen. Tom Harkin (D-Iowa)

        …. UPDATE (10:53 p.m. ET): Some of the sites above are now experiencing intermittent issues. They seem to return briefly and go back down. Some say “Server too busy,” others say “Server error,” and some do not load at all.

        UPDATE (11:10 p.m. ET): All the above sites seem to be back now except for Boehner’s, however most are loading slowly.

        UPDATE (11:17 p.m. ET): The website of Sen. Marco Rubio (R-Fla.) is down at this time, as is the site of Nan Hayworth (R-

  9. rikyrah says:

    July 25, 2011
    The dueling addresses

    President Obama’s address to the nation was flawed only by its theme of neoclassical economics that calls for reduced government spending in tough times. Eighty years of modern economic theory and indeed modern economics have soundly discredited pre-Keynesianism. Yet, having said that, it should also be noted that Obama has now twice (last Friday as well) directed the electorate’s attention to — itself. It voted for divided government last November, and we know who the divisive newcomers are, whom the electorate chose. I interpret Obama’s dual references to the body politic’s ultimate responsibility for this debt crisis as subtly, deliciously scathing.

    Speaker Boehner’s address, on the other hand, was riddled by deliberate lies, the only kind of pep talk his party’s base can really love. John and his kind of simple, common folk of the rustic GOP don’t hanker to the sinister, big-city ways of an unnecessarily expensive and complex Washington; no, they just sit around the old kitchen table, strumming guitars and reading the Bible and balancing their personal finances — and gosh darnit if only these big-government boys could learn the same conservative virtues and values.

    What Boehner left out of his address was mention of his party’s sole and direct responsibility for this crisis. That’s a given. But he also omitted that yesterday’s conservative would never have brought us this close to destruction, and that today’s conservative is in reality a kind of pseudoconservative, which historian Richard Hofstadter once defined as “a man who, in the name of upholding traditional American values and institutions and defending them against more or less fictitious dangers, consciously or unconsciously aims at their destruction.”

    Hofstadter’s line pretty much encapsulates what the contemporary GOP is all about.

    http://pmcarpenter.blogs.com/p_m_carpenters_commentary/2011/07/the-dueling-addresses.html

  10. Think Progress: Boehner overheard leaving Capitol: “I didn’t sign up for going mano-a-mano with the President of the United States.” http://t.co/hvnCXR5

    • Ametia says:

      LOL these thugs don’t want to go mano-a mano with any one. They aren’t used to governing, and now that PBO’s got Bone’s ass in a vice grip, he doesn’t know what to do!

      Parrot those talking points by the anti-government Norquist and crazy, illiterate, ignoranat teabaggers

  11. Ametia says:

    A Blank check? Translation: We’oin’t want deh black guy’s presidency to SUCCEED; no $$$$ for you!

  12. rikyrah says:

    Boehner Pins Debt Blame On Obama’s Demands For A ‘Blank Check’
    Just moments after President Obama said in a televised address that Americans are “fed up with a town where compromise is a dirty word,” House Speaker John Boehner (R-OH) flung that message back in his face.

    Drawing attention to the controversial and stringent “Cut, Cap and Balance” Bill that passed the House of Representatives last week, Boehner claimed “there is no stalemate in Congress.” He pinned the blame for the debt ceiling imbroglio squarely on President Obama for having sworn to veto “Cut, Cap and Balance” even before a vote was taken.

    Scorning the alternative bill that Senate Majority Leader Harry Reid has introduced to the Senate, Boehner said the House would this week consider another alternative approach: a plan to which Boehner has pinned his name. “If the President signs [the new plan]” Boehner said, “the crisis atmosphere he has created will simply disappear.”

    Although Boehner dismissed the Senate bill as riddled with “phony accounting and Washington gimmicks,” the truth is the plan bears a remarkable similarity to his. At this stage both sides pretty much agree on the need to make significant debt reductions in order to preserve America’s international credit ratings. The Democrats even appear to have caved on wanting to raise tax revenues, seeking to make the savings instead via methods such as winding down the wars in Afghanistan and Iraq.

    However, Boehner’s bill demands the debt ceiling be raised in two tranches, with the second one dependent on President Obama and the Democrats agreeing to further spending cuts in early 2012. In his own address, the President said this would create economic uncertainty that would imperil the recovery. Boehner, however, said this amounted to demanding “a blank check.”

    http://tpmdc.talkingpointsmemo.com/2011/07/boehner-pins-debt-blame-on-obamas-demands-for-a-blank-check.php

  13. Ametia says:

    Congress is at a stalemate over raising the federal debt ceiling, and Americans need to pressure their elected representatives to work out a compromise that will avoid a potentially devastating default, President Barack Obama told the nation.

    In his seventh prime time televised address, Obama sought to increase pressure for congressional leaders to reach a deal on a “balanced approach” that would allow the government to continue borrowing money pay its debts after August 2.
    The president singled out House Republicans for intransigence and said the political showdown is “no way to run the greatest country on Earth.”

    In his response, House Speaker John Boehner said the president’s proposals fail to deal with the fundamental problem: that the nation spends more than it takes in.
    “The sad truth is that the president wanted a blank check six months ago, and he wants a blank check today,” Boehner said. “That is just not going to happen.”

  14. Ametia says:

    BREAKING! PRESIDENT OBAMA ASKED AMERICANS TO CALL THEIR CONGRESSMAN/WOMAN

    WELL THE PHONES OFF DA HOOK AND WEBSITES ARE CRASHING!!!!!!!

    GO GET’EM FOLKS!

  15. Ametia says:

    I <3 David Plouffe!

  16. Call your Member of Congress tomorrow to raise the debt ceiling by calling 202.224.3121 & ask for your representive’s office.

    Speaker John Boehner: 202-225-6205

  17. Ametia says:

    John Boehner and nem WILL NEVER BE ON EQUAL FOOTING with this President. Never. if they think that being white affords them equality with the office of the presidency.

  18. Ametia says:

    News Alert: Obama urges Congress to reach deal on debt ceiling
    July 25, 2011 9:23:28 PM
    —————————————-

    President Obama said in a prime-time speech Monday night that, unless Congress agrees quickly to a long-term increase in the federal debt ceiling, “we would risk sparking a deep economic crisis, this one caused almost entirely by Washington.” He asked Americans to urge their lawmakers in Congress to strike a deal on the issue. He said he would not agree to a short-term increase, as proposed by House Speaker John A. Boehner (R-Ohio), saying it amounted to “kicking the can down the road.” He added: “We can’t allow the American people to become collateral damage to Washington’s political warfare.”

    http://link.email.washingtonpost.com/r/YLCS8G/M9UT8Z/NNP78H/LASQ86/VQXC6/36/h

  19. Ametia says:

    ChriS Matthews called John Boehner a LIAR! There was NO bi-partisan approach to that cut, crap and bounce crap shitty bill.

  20. Ametia says:

    WATCH OUR LIPS JOHN BOEHNER; THEY’RE BIG ENOUGH

    TAX CUTS MUST END!!!!!!!

  21. Ametia says:

    John Boner, GTFOH WHERE ARE THE JOBS? No jobs bills since you took over as SPEAKER.

  22. President Obama: This is a dangerous game we have never played before and we can’t take that chance. Call your Congressman and voice your concern!

  23. Ametia says:

    God BLESS you, Mr. President! Thank you.

  24. Ametia says:

    compromise has become a dirty word; Americans are fed up with it. It’s a 3 ring circus, and we are offended. we want a functional government. Remember, the GOP are trying to destroy government.

  25. Ametia says:

    The House GOP will continue to hijack our country six months from now. It’s dangerous . Washington political warfare.

  26. Ametia says:

    BWA HA HA HA invoking Reagan and both Bushes on the GOP.

    rWe don’t raisie the debt ceiling to spend, it so we can pay what we already owe. GOT THAT?!

    we’ve ALWAYS paid our bills. But the GOP is fucking with our credit standing. GOT IT?

  27. Ametia says:

    RETHUGS ARE TO BLAME FOR THE DEBT & THE STALLING OF RAISING THE DEBT CEILING.

    Keep repeating it, POTUS. WE GOTTA PAY FOR SHIT, FOLKS.

    READ MY LIPS; WE NEED A BALANCED APPROACH, AND THAT MEANS TAXES, BITCHES!

  28. Think Progress: Obama: We spent our surplus on tax cuts for the rich, two wars and big prescription drug benefit

  29. Ametia says:

    Break down the debt, POTUS.

  30. Ametia says:

    I’m ready to hear what the President has to say.

  31. Ametia says:

    Tebaggers, racists, GOP, and the fearfully ignorant. YOU HAVE BEEN BAMBOZZLED, HOODWINKED, YOU’VE BEEN HAD! You have truly been exposed for the DO NOTHING, DON’T CARE, THUGS you are.

    • Teabaggers, racists, GOP, and the fearfully ignorant. YOU HAVE BEEN BAMBOZZLED, HOODWINKED, YOU’VE BEEN HAD! You have truly been exposed for the DO NOTHING, DON’T CARE, THUGS you are.

      THIS

      The American Taliban!

  32. Ametia says:

    THE GOP’S #1 PRIORITY

  33. @markknoller: Pres. Obama’s address tonight reflects his concern that neither Dem of GOP deficit plans will pass both House & Senate. A WH official says Pres Obama will make clear that “failure to compromise and raise the debt ceiling would…do “incalculable damage”.

  34. Ametia says:

    I’m getting sick and tired as are millions of Americans over the theatrics, histrrionics, and fatalistic bullshit behviors of the GOP. I’d like to see POTUS END.IT.NOW

    WHERE ARE THE MUTHAFUCKING JOBS, PEOPLE?

  35. Boehner will deliver his own address after Obama’s 9 p.m. ET speech http://wapo.st/rgPWAE

  36. REJECTED
    Tea Party Slaps Down Boehner’s Debt Proposal

    http://www.huffingtonpost.com/2011/07/25/tea-party-scores-another-victory-with-boehner-debt-proposal_n_908771.html

    UPDATE: 4:10 p.m. — A coalition of Tea Party chapters and conservative lawmakers on Monday rejected the debt proposal put forward by Speaker John Boehner (R-Ohio), despite his efforts to sweeten the deal with provisions favored by his conservative base.

    The Cut, Cap, Balance Coalition, which boasts hundreds of Tea Party groups and more than 100 GOP lawmakers in its membership, is citing two provisions in Boehner’s proposal that amount to deal-breakers: its call for creating a Congressional Commission and its inclusion of a balanced budget amendment that, according to the group, is only for show.

    “A symbolic vote on a balanced budget amendment at some later time minimizes its importance, as it will not be tied to an increase in the debt ceiling,” reads a statement from the coalition. “A BBA that allows a tax increase with anything less than a 2/3 supermajority is not a serious measure.”

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