'If the W.H. won't get serious, we will'
Boehner recounted to participants on the call what he told Obama.
“As I read the Constitution, the Congress writes the laws and you get to decide what you want to sign,” Boehner said, recounting what he told the president, according to two sources.John Boehner is preparing a two-step plan that includes a short term increase to the debt ceiling.
(CNN)- Under the two-step plan, the nation's debt ceiling would be raised through 2011 in exchange for spending cuts totaling around $1 trillion, the Democratic sources said. The ceiling would be raised again, through 2012, after a special commission is set up to find ways to reduce the long-term debt through entitlement and spending cuts and tax reform, they added.Barack Obama Harry Reid will have to 'cave' on their refusal to accept a short term deal if this plan is to get through the Senate and be signed by President Obama. The two-step plan is most likely a thinly veiled fig leaf that will allow Obama and Reid to claim the second part meets the long term deal demand.
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