White House open to two-day extension (The Hill)

more:
http://thehill.com/homenews/administration/174451-white-house-open-to-two-day-extension

(bold mine)

Simple question.

PB

Given the fact that they've been clear that any acceptable deal would result in no benefit cuts.

Bullshit there won't be cuts.

Why eg, is it not included in the list of 'deal-breakers'? I have searched for something that clearly states there will be no cuts, but couldn't find one. Yet, there we have a clear statements of what they WILL fight for, and it doesn't include SS.

Here.

You're willfully spreading disinformation even after being caught doing it before.

PB

people are LISTENING to what obama is saying.

answered that question - nothing. He said the debt problems were not caused by SS and that he wants to strengthen it to make sure it lost for a very long time...so what's your point? Cuts (to strengthen a program) does not always mean substantially less benefits....

is that what you're implying?

in case you fotgot, we are in DU...facts mean nothing only hyperspeculation counts....

If it's an extension for the sake of extension, then no, they can't continue to inject uncertainty into the markets this way.

By the way, and extension simply means they pass a clean bill (or amend a bill currently in conference) with an increase in the debt ceiling sufficient for the Treasury to avoid default for two more days. Once they start passing clean bills of that kind, it's a bit hard to stop, yes? An "extension" isn't Obama declaring an extension: it's Congress passing a small ($10 billion?) increase in the debt ceiling to cover the payouts for August 3 and 4.

Senate Democrats have focused on reaching a compromise with Senate Republican Leader Mitch McConnell (Ky.) that could be sent to the House Tuesday.

One option they’ve discussed is setting up a trigger mechanism that would give incentive to a select deficit-reduction committee set up under Reid’s bill to agree to a further round of budget cuts.

Democrats hope that if there is strong incentive for that bicameral committee to recommend substantial cuts and for both chambers to adopt them, Republicans will support Reid’s plan.

Reid is also still considering a so-called “last-choice” proposal offered earlier this month by McConnell that would give President Obama authority to raise the debt limit by $2.5 trillion in three tranches.

Senate quickly tables Boehner debt plan
By Josiah Ryan and Alexander Bolton - 07/29/11 08:31 PM ET

http://thehill.com/homenews/house/174475-senate-rejects-boehner-debt-plan-table