ByÂ Sean Lengell-The Washington Times
Political leaders on Capitol Hill continue to talk past one another about how to solve the nationâ€™s debt problems as the issue of taxes remains a critical sticking point in negotiations.
And with only five weeks left before the nation risks defaulting on its debt, all sides retreated to familiar talking points on the issue Tuesday, suggesting a compromise is far from sight.
â€œWeâ€™ve had a number of useful meetings,â€Â Senate Minority LeaderÂ Mitch McConnell, Kentucky Republican, told reporters at the Capitol. â€œBut I must say, Iâ€™m perplexed as to why the administration seems now to believe that tax increases â€¦ would be a good idea in this economy?â€
â€œThe talk in Washington, as it should be, is about cutting our deficit. But to do so we have to deal with some hard truths,â€Â Mr. Reid said. â€œBut my Republican friends seem to be living in a fantasy world.â€
The senatorsâ€™ comments came a day after they met separately with PresidentÂ Obama to discuss ways to increase the nationâ€™s debt ceiling – the legal limit within which the federal government can pay for its operations and debt – while also reducing the deficit. Neither the lawmakers nor theÂ White House has offered specifics on what was discussed.
The administration continues to say it is optimistic a compromise can be reached soon.
â€œWe believe there is the opportunity here for a substantial compromise on a significant deficit reduction agreement that is done in a way that is balanced and allows the economy to continue to grow and create jobs,â€White House press secretaryÂ Jay Carney told reporters Tuesday.
When asked whether Mondayâ€™s meetings with the twoÂ Senate leaders produced specific results, the spokesman declined to offer any details.
Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!
We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.