Obama Presses Skeptical Dem Leaders On Big Deal With Boehner

[Hissyspit]

Source: Talking Points Memo

Obama Presses Skeptical Dem Leaders On Big Deal With Boehner
Brian Beutler | July 21, 2011, 1:26PM

A Congressional aide briefed on ongoing negotiations between House Speaker John Boehner and President Obama says the two principals may be nearing a "grand bargain" on to raise the debt limit which would contain large, set-in-stone spending cuts but only the possibility of future revenue increases.

"All cuts," the aide said. "Maybe revenues some time in the future."

The status of negotiations has Democratic aides on both sides of the Capitol
nervous and unhappy. And the notion that the impasse over the debt limit may be nearing an end is sparking denials from both the White House and Boehner's office -- in part, perhaps, because neither side has buy-in from their parties on a consensus plan.

A White House spokesman called the claims from aides "not credible" -- the result of having a "3rd hand version of the facts."

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