For The Record ....

Posted by Brian Patrick on

FYI – 

Today there are some claiming that just last week, Majority Leader Cantor opposed a short-term solution to raise the debt ceiling.

To be clear, Speaker Boehner, Leader Cantor and House Republicans have repeatedly said that the best path forward is a long term solution with spending cuts equal to (or greater than) a debt limit increase without tax increases. However two weeks ago when the White House kept insisting on tax increases, Leader Cantor tried to find a middle ground. He offered a middle-ground solution with cuts equal to the debt limit increase, to which President Obama responded “don’t call my bluff.”


Background:


Cantor Offers A Short-Term Debt Limit Increase To Break The Impasse. U.S. President Barack Obama and House of Representatives Republican Leader Eric Cantor clashed at a White House meeting on Wednesday over whether they should pursue a short-term debt limit increase, a senior Democratic aide said. At the meeting, Cantor repeatedly called for a short-term deal that would avert an imminent default, the aide said. Obama "pushed back very hard" and said he would veto that plan, the aide said. (Reuters, 7/13/11)

President Obama Warns Cantor “Don’t Call My Bluff.” When Cantor said the two sides were too far apart to get a deal that could pass the House by the Treasury Department’s Aug. 2 deadline — and that he would consider moving a short-term debt-limit increase alongside smaller spending cuts — Obama began to lecture him. “Eric, don’t call my bluff,” the president said, warning Cantor ... (Politico 7/13/11)
 





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