SPECIAL REPORT - White House Meeting Reveals No Gains










Members of the audience compose Tweets during President Barack Obama's Twitter Town Hall


MEMBERS OF THE AUDIENCE COMPOSE TWEETS

  White House Photography by Pete Souza, July 6, 2011.

Members of the audience compose Tweets during President Barack Obama's Twitter Town Hall in the East Room of the White House.

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"SPECIAL REPORT - WHITE HOUSE MEETING DOES PRODUCE A SOLUTION
Posted by Karen Ann Carr
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SPECIAL REPORT

WHITE HOUSE – OBAMA ADMINISTRATION

It seems like 

It seems like the White House Press Secretary Jay Carney thinks the deficit reduction issue is an amusing topic to discuss with the press.

"Everything is on the table except raising taxes on people," some in the U.S. Congress have said for a while. And yet the White House is saying that Congressional leaders present, today, at the White House meeting did not come with their bottom lines.

According to President Barack Obama, All parties present today "were engaged in spirit of compromise.” But the potential for a "big deal" apparently did not come forth during the negotiations.

The meeting was frank and “very constructive,” but nothing is agreed to until everything is agreed to” it was said. “We have to get this done before the hard deadline of Aug 20,” President Obama stated.

The next White House meeting on the debt ceiling is scheduled for Sunday, July 10, 2011. 

President Obama has said the deal will be a hard sell to seniors. What does that mean from the perspective of the White House? Social Security is not an issue in creating a debt problem. With a deadline looming, why is the White House allowing revenues associated with Social Security to float into the debt ceiling debate? Perhaps the Treasury Secretary has proposed using social security revenues to sustain the U.S. government.

There are expectations that Sunday's meeting may resolving the deficit issue and the debt ceiling issue.




 

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