Tuesday, August 2, 2011

What Republicans And Democrats Saying About Debt Deal

Democratic Majority Leader Harry Reid said that both his party and opposition Republicans gave more ground than they wanted to.

Appearing on morning news shows, senior aide David Plouffe acknowledged that there were key elements of a compromise that eluded the White House and Obama. He said, for example, that the administration will continue to push for new tax revenues.

Sen. John McCain says he'll vote for compromise legislation averting a government default, although "I will probably have to swallow hard."

Minority Leader Mitch McConnell said that the pact "will ensure significant cuts in Washington spending" and he assured the markets that a first-ever default on U.S. obligations won't occur.

Mitt Romney said he "personally cannot support this deal" because it leaves open the possibility of future tax increases or further defense cuts.

"Listen, I've got a big job to do here. Those running for president have their own aspirations," Boehner said. "My goal is to get this bill passed, signed into law, to solve this debt crisis and help get the American people back to work."

Rep. Ron Paul of Texas said in a posting on his government website that "frightening rhetoric about default and full faith and credit of the United States is being carelessly thrown around to ram through a bigger budget than ever, in spite of stagnant revenues."

Former House Speaker Newt Gingrich tweeted that "Boehner and McConnell should pledge only to appoint to the spending committee those who rule out tax increases."

General American public: "ridiculous," "disgusting," "stupid" "frustrating," "terrible," "disappointing," "childish," "a joke, " according to a survey by  Washington Post.

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