Dead Mega Debt Deal Lowers Expectations - FoxNews.com
After a weekend that saw hopes dashed for a mega-deal to cut $4 trillion from the federal budget while raising the nation's debt ceiling, President Obama takes to the White House briefing room Monday ahead of yet another meeting with congressional leaders during which a smaller deficit deal is expected to be discussed.
Though the president proposed the larger deal and said he was ready to “make tough decisions,” House Speaker John Boehner claims Democrats were unwilling to do the larger deal without at least some tax increases and thus, there is no path to passage in the House.
And BTW, Bunky, whose hopes? Not mine.
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