Tag Archives: Spending

Judge for yourselves. Apparently, the debt talks haven’t gone too well today.

“Eric, don’t call my bluff,” the president said, warning Cantor that he would take his case “to the American people.” He told Cantor that no other president — not Ronald Reagan, the president said — would put up with the treatment he was getting from the House majority leader.

Democratic sources dispute Cantor’s version of Obama’s walk out, but all sides agree that the two had a blow up. The sources described Obama as “impassioned” but said he didn’t exactly storm out of the room.

But then, here’s the scoop on just how, exactly, the Treasury has to operate should the debt ceiling NOT be raised.

Yeah. Pass that around.