Briefing bites: Carney says August 2 ‘hard and fast’ deadline
July 27th, 2011
03:44 PM ET

Briefing bites: Carney says August 2 ‘hard and fast’ deadline

Jay Carney did his best to instill continued urgency ahead of the August 2 debt ceiling deadline during the White House press briefing Wednesday:

It is only a matter of days before the August 2nd deadline. And while at midnight on August 2nd we don't all turn into pumpkins, we do as country lose our borrowing authority for the first time in our history. And that would be a very bad thing.

Carney added that if the deadline did pass, the government would have to make difficult decisions about which financial obligations to honor.

Choices then have to be made and it's a Sophie's choice, right? Who do you save? Who do you pay? That's an impossible situation that this country has never faced and should never face if Congress does what it was elected to do and does its job.

Carney also reiterated the president is not for a deal that only raises the debt ceiling for a matter of months, contending that it will be more difficult to reach a deal during an election year than now.

Do you believe that it will be any easier in an election year? We all know as veterans of Washington and understand how cycles work, it gets a lot harder to do hard things in an election year, right? And that's not a question of who it helps or hurts politically. You could argue because the public is overwhelmingly in support of the president's position that we should do this in a balanced way that this fight is good politically. But it's bad for the country and it's bad for the economy.


soundoff (19 Responses)
  1. sonny chapman

    Looking at the polls, another round of Budget Battles would probably hurt Repubs. more than Obama. The Tea Party Gang makes him look like a Grown Up.

    July 27, 2011 at 4:15 pm |
    • John

      Right, we don't want our politicians sticking to their work. It seems to me they have already passed two plans – and will pass another today. As of yesterday CBS, NBC, and ABC have run 52 stories blaming the Repubs and 3 blaming the Dems. I wonder why people taking these polls think the Repubs are the problem?
      Why is cutting money to be spent not an option?

      July 28, 2011 at 8:27 am |
      • jean2009

        ARRGH...It is not defaulting on money TO BE SPENT...it is defaulting on repaying the money which was already borrowed on our credit card, and already SPENT.

        Look up the definition of a Deficit. It is the balance of money owned on our credit system.

        Did you pass your GED?

        July 28, 2011 at 10:50 am |
      • John

        Some of us attended higher ed. I refuse to stoop to your level and start calling you names or putting you down just because you disagree with those of us who are trying to help America survive.
        Go home today and turn on C-Span. Then, join us tomorrow and let us know how much money they are spending today. Yesterday they voted to "buy" more land for conservation. The governmnet already owns almost the entire mid-west, but these people seem to think they need more.
        You must love the Reid plan – it saves money from 10 years from now on the war we are supposed to be done with.
        BTW, where is the presidents plan the lame stream media keeps saying we need to support?
        Hope For Change in 2012...

        July 28, 2011 at 11:24 am |
      • jean2009

        You won't stoop, give me a break.... that is all you have done.

        I attended higher education. I have listened to C-Span for years. Plus, I am all for saving mother earth, even if it is by buying it back one acre at a time from those who would pollute and destroy it. I find it is you who advocates letting our manufacturing base go belly up, letting our banking system fail, decimating our wilderness areas....and then you have the gall to lecture me about what we are leaving to our children.

        I noticed you failed to linger over the fact that Boehner's plan failed to meet the CBO smell test, and doesn't have a chance of a snowball in the Senate.

        "In the battle of budget scores, the Senate Democrats’ deficit reduction bill is the clear leader thus far over an alternative by Speaker John Boehner, which had to be pulled back from the floor Tuesday night for retooling.

        The Congressional Budget Office released a report Wednesday morning that credits the Senate bill with reducing budget deficits by about $2.2 trillion through 2021, nearly three times the $850 billion credited to the Boehner bill on Tuesday."

        I think it wise of Reid to include the fact that the war debt will be winding down as the war ends....by capping the spending for Bush's wars that money can be used in AMERICA to pay down the debt and for the benefit of Americans....not for the benefit of a few wealthy war profiteers..

        July 28, 2011 at 12:38 pm |
      • jean2009

        The Obama 2011 Budget cut $7 million from Bush's 2010 budget.

        "National Park Service. The Department of Interior’s Fiscal Year 2011 budget request for the National Parks Service would be decreased by $7 million (as measured against Fiscal Year 2010 enacted levels) to $3.147 billion. In comparison, the President’s budget request is 15 percent more ($410 million) than President Bush’s last budget request for the National Park Service."

        "Washington, D.C.—The nonpartisan National Parks Conservation Association (NPCA) today said the Administration’s budget request for our national parks will help meet the operational needs to serve park visitors and protect America’s heritage for future generations as we approach the centennial of the National Park Service in 2016.

        “We’re pleased that in a challenging budget year the Administration has prioritized investments in our national parks. From Yellowstone to Gettysburg, our national parks protect America’s heritage and deserve this modest investment,” said NPCA President Tom Kiernan.

        NPCA is calling on Congress to support the budget proposal, which appears to prevent the National Park Service from suffering cuts in park staff and visitor services. “We’re grateful that our national parks would have the funding they need to keep visitor centers open and park rangers on the ground,” said Kiernan. “People travel from across the world to enjoy these special places, so this investment not only preserves our national heritage, but also protects jobs in communities that benefit from park tourism.”

        The President’s 2012 budget request for the National Park Service is approximately $2.9 billion—an increase of nearly $138 million over the current fiscal year 2011 budget that is still operating through a temporary funding measure and is currently being debated in Congress. The operations budget is approximately $2.3 billion, an increase of $35 million over the current operating budget which is not enough for the National Park Service to address an operations shortfall of more than $600 million.

        In addition, the budget proposal includes an important nearly $73.7 million increase for the Land and Water Conservation Fund, which would allow the Park Service to purchase land within park boundaries that may be threatened by development."

        Protecting land within the National Parks from development is a good thing...and we need to charge more for those who want to graze cattle on park lands.

        July 28, 2011 at 12:56 pm |
      • John

        Are you referring to the budget that got 0 votes from both parties? I am sure they were very sincere when they proposed that one. THEY HAVE NOT PASSED A BUDGET. Talk about your straw argument. So many words from you, but you say nothing.

        July 28, 2011 at 1:12 pm |
      • jean2009

        No John I am talking about the plans put forward during the deficit talks that the entrenched idiots of the teaputty wouldn't accept when Bonehead and Kan'tknow took it back to them.

        What we are watching is political theater and the party that lost the presidency trying to attempt a political coupe...we'll lotsa luck with that ....just remember...teachers, firefighters, nurses, union workers,people working for minimum wage, and grandma and grandpa vote...and also remember the middle class worker is going to balk when they have to pay not only higher bills for their childrens' education, but grammy and gramps Medicare bills. I watch young working people every day dealing with a mother or father who has Alzheimer's, and there lives will just get a lot harder.

        All so you can save 3 cents on anything over $250,000 that you can't find a way to write off.

        Might I say...penny wise, pound foolish.

        July 28, 2011 at 7:25 pm |
    • jean2009

      He is the grown up.

      July 28, 2011 at 10:51 am |
  2. L. decker

    Congress acts like a bunch of gambling addicts & junkies, sacrificing the needs of their families (AMERICA) for their own desires. Why is it so difficult for them to see the difference between what is truly necessary for America to survive & thrive, and what looks & sounds good but benefits very few. We need "a chicken in every pot", not "internet service for all".

    July 27, 2011 at 4:38 pm |
    • jean2009

      Hopefully not like Hoover's promised: "chicken in every pot, and a car in every garage." which never materialized.

      July 28, 2011 at 7:40 pm |
      • jean2009

        ...we need the internet.

        July 28, 2011 at 7:42 pm |
    • jean2009

      You do know there are many people who think broadband sales would be a profitable way to pay down some of our debt. But as usual John or Jay is against us doing anything that would be profitable...they must not have ever hit a dead zone with their cell phone.

      John Boehner and Rethugliklans aren't interested in raising funds...just in cutting and he doesn't want Murdoch to lose a few bands.

      "The debt ceiling battle could produce an unlikely winner: smartphone users.

      Senate Majority Leader Harry Reid's current plan would direct the Federal Communications Commission to auction off highly valuable radio spectrum to wireless carriers desperate for more airwaves. Companies such as AT&T and T-Mobile USA say they need more capacity to keep up as their customers increasingly use iPhones, tablets and other portable devices to handle mobile applications, online video and other bandwidth-hungry services.

      The plan could generate critical revenue for a government spending beyond its means. Congressional budget officials estimate the auctions would raise $13.1 billion for deficit reduction.

      "Reid's proposal would also deliver a big victory to public safety officials: It would set aside airwaves and money for the construction of a nationwide wireless broadband network that would let police officers, firefighters and emergency medical workers communicate with each other across agencies and jurisdictions.

      "Spectrum auctions are a win-win-win," said Tim Doyle, a spokesman for the Consumers Electronics Association.

      But the proposal still faces significant hurdles. For one thing, a competing debt ceiling plan from House Speaker John Boehner, which will be voted on Thursday, contains nothing on wireless spectrum auctions. Boehner's focus is on spending cuts, not finding new sources of revenue. What's more, Reid's proposal has run into major opposition from television broadcasters, which are under pressure to give up spectrum that would be sold to wireless carriers."

      Yet again only interested in gutting things...not finding ways to sell things that would benefit people, and grow the economy.

      July 28, 2011 at 8:25 pm |
  3. anonymous

    PLEASE CALL ME AT 239-233-7986. JASON & I JUST SPENT AN ENTIRE 6 DAYS BEING TORTURED BY SOME AGENTS AT THE US MARSHALL'S SERVICE AND LEE COUNTY SHERIFF'S OFFICE IN FT. MYERS, FLORIDA. THIS IS NO JOKE. THEY ARE GOING TO TRY TO KILL ME IN THE MORNING IF NOT SOONER. PLEASE PASS THIS MESSAGE ON TO PRESIDENT OBAMA. I KNOW HE'S THE RIGHT MAN TO BE PRESIDENT. I AGREE WE MAY VERY WELL END UP WITH ANOTHER CIVIL WAR IF WE DON'T COME UP WITH AN IMMEDIATE WAY TO DO SOMETHING ABOUT THE EVIL IN THIS NATION'S GOVERNMENT. I HAVE LEARNED BARACK AND MICHELLE ARE VERY GOOD PEOPLE AND CAN BE TRUSTED. I TRUST IN GOD YOU WILL HELP US. IT IS A MIRACLE I'M STANDING HERE TALKING TO YOU TONIGHT. THANKS ONCE AGAIN.

    CHARLOTTE PALM, AS YOU KNOW 3516 DELILAH DRIVE. CAPE CORAL, FL. 239-558-5993.

    July 28, 2011 at 2:37 am |
  4. anonymous

    ALSO PLEASE ASK PRESIDENT OBAMA TO CALL US AS SOON AS POSSIBLE. THANK YOU. IT IS URGENT
    239-558-5993

    July 28, 2011 at 2:40 am |
  5. John

    Have you read Reids plan? It cuts nothing real.
    If you are being sincere, you know as well as I do the CBO rates what is put in front of them. If the plan says we are going to spend a trillion dollars on wars in 2025 and the plan states it is cutting that money it calculates it into the plan. Give us the overall budget number, don't only list what they are trying to cut.
    I remember you telling us Joe Biden being in charge of the budget meeting was just as good as BO being there. I guess you were correct.
    And, btw, I do not stoop to the level of call you names or cutting you down. I remember what you write here and and simply restate your words back to you. It isn't my fault if you don't like what you say a month or so after you say it.

    July 28, 2011 at 1:09 pm |
    • jean2009

      Actually the CBO gives Reid's plan a better review than Boehner's dud.

      Washington Post 7/27/2011
      "The nonpartisan Congressional Budget Office said Wednesday morning that the debt-ceiling plan drafted by Senate Majority Leader Harry Reid (D-Nev.) would result in greater deficit savings than a competing proposal by House Speaker John Boehner (R-Ohio).

      The difference is due in part to the fact that the Reid plan would extend the debt ceiling for a longer period of time than would the Boehner plan, which would call for a two-step process."

      FROM WHAT THE FOLLY WEBSITE:
      "The $2.7 trillion debt limit plan proposed by Senate Majority Leader Harry Reid may offer the best bet for United States to avoid default when the Treasury runs out of money on Aug. 2.

      According to an analysis by the non-partisan Congressional Budget Office, Reid’s plan will reduce the federal deficit by $2.2 trillion between 2012 and 2021 while calling for a $2.7 trillion debt limit increase.

      “We’ve given the Republicans what they say they wanted. Now all they have to do is say yes,” said Reid (D-NV). “This program does not take one penny out of Social Security, Medicare, and Medicaid; it doesn’t raise taxes. Can’t the Republicans see that’s what they’ve been asking for and we’re willing to give it to them?”

      A competing proposal by House Speaker John Boehner (R-OH) would approve a temporary 6-month debt limit increase while seeking only $850 billion in budget cuts over 10 years. Boehner’s proposal provoked a serious backlash from members of his caucus, who complained that the cuts didn’t go deep enough, forcing him to postpone today’s vote and rewrite the legislation with less than a week before the Aug. 2 deadline.

      Reid has criticized Boehner’s plan as “untenable” and hinted that any short-term compromise would create an unstable political and financial environment that would lead to the credit agencies to downgrade U.S. credit rating."

      The only reason Bonehead wants a two-step process is so it will coincide with the election.

      July 28, 2011 at 7:36 pm |
    • jean2009

      Baloney!.... In your world the CBO is right when it the Republican plan and the CBO is wrong when it is not....trying to have it both ways, as usual.

      July 28, 2011 at 8:09 pm |
  6. référencement naturel

    Remember in a few years ago when Paulson drew his line in the sand and basically declared "If Congress don't accept to pass this bail out, the economy will bust?" Ironically, that ensured the economy to sink when Congress stopped to go along. Barrack gave a shot to a similar strategy last week with the panick of a weekend deadline but the Reps were happy to called his bluff. Well this time will probably not be the same if this last deadline passes.

    July 31, 2011 at 6:22 am |