Today's Situation Room:

Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-6:30pm ET on CNN.

Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-6:30pm ET on CNN.

July 21st, 2011
09:38 AM ET

Lobbyists battle amid deficit cuts

As U.S. politicians try to work a deal to slash the deficit, there's a flurry of lobbyists fighting to be spared cuts. CNN's Lisa Sylvester reports.

SEE ALSO: Obama continues debt talks with Democrats, then Republicans

Post by:
Filed under: Debt • Deficit • Lisa Sylvester • Lobbying • Washington
soundoff (6 Responses)
  1. JONRICH

    With regard to the budget crises, the world is laughing at this absurdity of American Politics. If as the Republins constantly state, " THE SUPER RICH ARE JOB CREATORS", THEN LET THEM PROVE IT. IT'S TIME FOR THEM TO PUT-UP OR SHUT-UP. They have had thier own way long enough. First, they raid each other and sell off the yforty to pay fortytop ayforty to pay for the takeover, then they ship the jobs overseas thus putting millions of American Workers out of jobs. When is this B.S. going to end?

    July 25, 2011 at 1:08 pm |
  2. LCDR Joe Byers

    Bi-partisan issues are really the crux of the problem. There's allot of bright minds representing the American people but unless we're able to work together to hash out a plan we are destined to sink into another recession soon. No one wants to lay employees off but the bottom line has to enable companies to keep their heads above water. You can't blame one person for all of these issues. We should be past the "Blame Game" and come up with an "Aim Game" instead. Is our Government really going to stop paying the military members putting their lives on the line for our country's freedom? r/ C J Byers/USN LCDR (Ret) Poughkeepsie, N.Y.

    July 25, 2011 at 7:08 am |
  3. sky

    $Banks betting in banks$ is the cause of the economy crash fact.

    Goldmen Sach and their CDO Ratings

    Average annual retirement benefits for Mississippi public employee:18,750

    Average annual compensation of a Goldman Sach employee:600,000

    Hank Paulsons compensations in 2005:$31,000,000

    Our credit ratings will go from a tripple AAA credit to a BBB junk rating or to a Written off D rating if the Repblicans don't take care of this debt. Firer John and Eric and the freshman Tea party for this economy melt down. INDEPENDENT 4 LIFE

    July 24, 2011 at 7:32 pm |
  4. kim Wilson

    The American people want to go to the poles with 4 choices to solve the debt ceiling issue as they are suposable arguing over what we want. For the first time, figure out what the American people really want with transparency and change politics in Washington over night.
    1. Rebublican plan 2. Democratic Plan 3. Raise taxes to old levels / close loop holes 4. none of the above. When are we going to go back to what the people want. Our founding fathers would be a appalled.

    July 24, 2011 at 9:39 am |
  5. Wade

    I Was Wondering If This Could Be the Way the USA Can Devalue the Dollar Without Complaining from the World, Default on August 2nd, Moody's & Standards & Poors Drop the USA to Double A Credit Rating Then the US Dollar Drops in Value, Then Exports Take Off Because it Cheaper the Buy USA Goods

    July 22, 2011 at 7:29 pm |
  6. Dan in Albuquerque

    Wolf:
    Remember when Kruschev announced that Capitalism would bury itself? Well, the Tea Party dug the hole and the extremeist Republicans are standing by with shovels to fill it in. No debt celing increase will certainly result in the demise of the Tea Party and the loss of many Republican Congressional seats, but it'll probably be too late to matter for years to come. The damage will already be almost beyond repair. Lobbyists should be banned from any political activity until this issue is resolved.

    July 21, 2011 at 1:44 pm |

Post a comment

You must be logged in to post a comment.