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 5-7pm ET on CNN.
'The kid from Ohio' takes on a president
Lisa Sylvester reports on the background and upbringing of the legislator caught in the middle of a debt ceiling debate.
RELATED STORY: Boehner to GOP members: 'Get your ass in line'
BLITZER’S BLOG: Too late to resurrect the deal?
(CNN) - We did learn some intriguing details about the debt ceiling negotiations in recent days. Both President Barack Obama and House Speaker John Boehner were ready to anger their respective bases in order to work out a deal.
To the dismay of many Democrats, President Obama was ready to support cuts in entitlement spending for Social Security, Medicare and Medicaid. He was ready to support what’s called “means testing” – meaning that richer people would have to shell out more for health benefits under Medicare than poorer people. The president is also apparently ready to adopt a new cost-of-living increase formula that effectively would result in reduced Social Security and Medicare benefits. When I interviewed Independent Senator Bernie Sanders of Vermont the other day, he made it clear he hated those proposals.
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Post by: Filed under: Debt • President Obama • Speaker John Boehner • Wolf Blitzer |
BLITZER’S BLOG: On taxes, both sides are exaggerating
(CNN) - Words in Washington are important. President Obama and the Democrats always say that “millionaires and billionaires” can afford to pay higher taxes, especially when spending cuts will impact middle class families and the elderly. Given the nation’s high unemployment, House Speaker John Boehner and the Republicans counter by always saying that this is no time to increase taxes on “job creators.”
You won’t be surprised to find out that politicians on both sides are exaggerating.
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Post by: Filed under: President Obama • Speaker John Boehner • Taxes • Washington • Wolf Blitzer |
About this Show
The Situation Room with Wolf Blitzer is the command center for breaking news, politics and extraordinary reports from around the world. Tune in weeknights from 5-7pm ET on CNN.
