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View Diary: Paul Ryan Not Asking For Social Security Cuts, Why Is Obama Insisting On Them? (137 comments)

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  •  This is what the President said today on GMA (0+ / 0-)
    Obama Pessimistic About Grand Bargain Before Meetings With GOP Lawmakers

    Before meetings with GOP lawmakers in the House and Senate today and Thursday, President Obama signaled pessimism about the prospect of reaching a grand bargain in the ongoing budget negotiations. He said there is not an "immediate debt" crisis and that, ultimately, there might just be too much space between the two parties to reach a deal.

    "Ultimately, it may be that the differences are just too wide. It may be that, ideologically, if their position is, 'We can't do any revenue,' or, 'We can only do revenue if we gut Medicare or gut Social Security or gut Medicaid,' if that's the position, then we're probably not going to be able to get a deal," the president told me.

    "That won't … create a crisis," he said. "It just means that we will have missed an opportunity. I think that opportunity is there and I'm going to make sure that they know that I'm prepared to work with them. But, ultimately, it may be better if some Democratic and Republican Senators work together."

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