Boehner walked away from debt talks with Obama. Given how insanely far Obama has bent, this is madness. Or maybe just good strategy.
Obama has ruled out the simple answer, the constitutional option. However that, coupled with how this damning quote (emphasis mine), slams home the reality that our President wants to sabotage his own efforts:
“Essentially what we had offered Speaker Boehner was over a trillion dollars in cuts to discretionary spending. Both domestic and defense,” Obama told reporters in a hastily-arranged White House press conference.
“It is hard to understand why Speaker Boehner would walk away from this kind of deal and frankly, if you look at the commentary out there, there are a lot of Republicans puzzled as to why it couldn’t get done.”
He said the American people were “fed up” with political posturing, and said he was willing “to sign an extension of the debt ceiling which takes us through 2013.”
The nation needed to do more, Obama added, though adding that he would accept a fallback option if that was the best deal lawmakers could strike.
That’s a fallback that would go beyond the already overly conciliatory and generous offer the President made. This is not the first time this kabuki dance has taken place on the national stage, but it is strikingly naked.