Mike Flynn

Latest News

GOP: We'll Increase Spending to End Shutdown

Over the weekend, House and Senate Republican proposals on the fiscal showdown, which largely met previously stated demands from the White House, were summarily rejected by President Obama and Senate Democrats. Having shown that they are desperate to end the stand-off, the GOP is now facing pressure from Democrats to undo the sequester cuts agreed to during the last debt-ceiling debate. Limping, the DC GOP seems ready to accept this defeat. Oct 13, 2013 6:46 AM PT

Square 1: House, Senate GOP Crash Against Unified Democrat Wall

Hours after President Obama rejected the latest spending offer from the House GOP on his weekly radio address, Senate Democrat leaders rejected a competing proposal offered by Senate Republicans. While Obama and the Democrats have remained united on a simple and clear position on the fiscal stand-off, House and Senate Republicans competed for pole-position to lead opposition negotiations. Democrats rejected each in turn. Oct 12, 2013 11:40 AM PT

Senate Blocks Reid Debt Plan

On Saturday, Senate Majority Leader Harry Reid failed to receive the 60 votes he needed to move forward with his plan for a 14-month extension of the debt ceiling. Reid's plan contained no off-setting spending cuts or reforms and was intended to push the debt debate until after the 2014 mid-term elections. The vote was, 53-45, to invoke cloture and proceed to debate on the bill. Oct 12, 2013 9:49 AM PT

Obama Rejects Latest House GOP Offer

President Obama used his weekly radio address to reject the latest offer from House Republicans to end the fiscal stalemate. The outline of their proposal was released Friday and would have reopened government through December and lifted the debt ceiling for six weeks. Oct 12, 2013 7:25 AM PT

Obama Rises as House, Senate GOP Feud

In his weekly radio address Saturday, President Obama rejected any short-term increase in the debt ceiling. The move was a preemptive rejection of a potential House proposal to allow a short-term increase in the debt along with reopening government, which days ago had been a key demand from Obama. The development shows how the balance has shifted in the fiscal stand-off. Oct 12, 2013 7:07 AM PT

House GOP Blinks: Will Lift Debt AND Reopen Government

House Republicans have sent the White House a revised proposal to lift the debt ceiling for six weeks, as well as reopen government through December 15th, which was their original spending proposal before the partial shutdown. The revised GOP plan reflects the demands Obama made in a meeting with House GOP Leaders on Thursday. It also reflects the unwillingness of the DC GOP to face a fiscal showdown with Democrats. Oct 11, 2013 8:52 AM PT

Senate GOP Prepares Surrender: Lift Debt, Reopen Government

On Friday, Senate Republicans will meet with President Obama at the White House to offer their plan to end the fiscal stalemate. Splitting with the House GOP, the Senate GOP plan would lift the debt ceiling, likely for six months and fund the government for one year, allowing it to reopen. The House plan increases the debt ceiling for only six weeks and continues the partial government shutdown. Oct 11, 2013 8:14 AM PT

Obama Conditions Debt Hike on Reopening Government

Since the beginning of the fiscal showdown, President Obama has stressed that he wouldn't negotiate over raising the debt ceiling. His top economic advisor Gene Sperling has regularly repeated Obama's stance, "If you sanction through negotiation the legitimacy of somebody threatening default then, that is going to happen over and over again." Now that the House GOP has agreed, at least temporarily to Obama's demands on the debt ceiling, he wants to add conditions. Oct 11, 2013 7:17 AM PT

Obama Rejects GOP Offer on Short-Term Debt Hike

In a meeting Thursday afternoon with House Republicans, President Obama rejected their latest offer to extend the debt ceiling for 6 weeks, allowing negotiations over a long-term budget deal. Obama said he was open to a short-term extension of the debt ceiling for talks, but insisted that the government must also reopen first. The House GOP did not restore funding to end the partial government shutdown. Oct 10, 2013 4:48 PM PT

Five in Iowa Sign Up for ObamaCare

Five very persistent people have been able to enroll in ObamaCare in Iowa, the Des Moines Register reports. The paper reports the five successful employees the "Hardy Handful," noting the ultimately successful enrollees experienced long delays and were repeated booted off the exchanges. Iowa, it should be noted, is where Obama began his successful march to the Democrat nomination. Oct 10, 2013 8:05 AM PT

GOP Ready to Deal on Debt, Keep Gov Closed

House Republicans are preparing a proposal for a short-term increase in the debt ceiling, expected to last about six weeks. The move would allow talks between the House, Senate and Obama on a longer-term plan dealing with government spending and ObamaCare. The risk of triggering default when the debt ceiling is hit later this month would be put off until December. The partial government shutdown would continue. Oct 10, 2013 7:12 AM PT

Reid Threatens Nuke Option as Obama Splits

On Tuesday, President Obama broke ranks with Harry Reid and Senate Democrats and said he was open to a short-term deal to reopen government and lift the debt ceiling. Obama, in response to an AP reporter's question, said that, with a short-term resolution, he would be open to negotiations. In response, Reid again rejected a short-term deal and is pushing legislation to lift the debt ceiling until the end of 2014. Oct 9, 2013 3:04 PM PT

Fight Isn't About a Ceiling, It's About the Debt

America faces existential fiscal and economic challenges. Federal, state and local governments face tens of trillions in unfunded liabilities. The economy seems to be undergoing a structural transformation which is experiencing almost no growth, even after trillions in government stimulus. Washington response to this is to go very "small ball" and debate extremely narrow slices to avoid discussing the root of the problem. Oct 9, 2013 10:11 AM PT

Reid Tries to Kick Debt Fight Past 2014 Elections

Senate Majority Leader Harry Reid is preparing legislation to lift the debt ceiling by $1.1 trillion, enough to cover borrowing through the end of 2014. The move would push the next debate over the debt limit until well after the mid-term elections. Congress enacted a similar measure in 2011, push the debate past the 2012 elections. Oct 9, 2013 8:18 AM PT

Reid Blocks Biden, Takes Ownership of Fiscal Standoff

The media and most pundits frame the current budget and debt showdown as a fight between President Obama and Speaker John Boehner. The question on their minds is, which one of the leaders will blink first. A closer look at the standoff, however, reveals that Senate Majority Leader Reid is calling the shots for the Democrats. As Breitbart News noted on Monday, Obama is really mostly a bystander to the debate. Oct 8, 2013 1:45 PM PT

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