To the Point
Stalemate over the Debt Ceiling Continues
Yesterday's White House negotiations failed to make progress, so the President and Congressional leaders are at it again. We get a progress report...
By Warren Olney • • 51m ListenYesterday's White House negotiations failed to make progress, so the President and Congressional leaders are at it again. We get a progress report. Also, waterfront properties with spectacular views are on the market as the US auctions historic lighthouses. If they aren't sold, they'll be given away.
Banner image: Speaker of the House John Boehner (R-OH) (L) and President Barack Obama wait before a meeting in the Cabinet Room of the White House July 10, 2011 in Washington, DC. Photo by Brendan Smialowski/Getty Images
In this episode
3 storiesObama Says He Wants to Get a Big Deal Done on the Budget
Last week, President Obama and House Speaker John Boehner agreed that the debt-limit deadline had created an opportunity for something "big:" tax loophole-closings and spending cuts, including adjustments to Medicare, Medicaid and Social Security. But yesterday, Boehner backed off and called for a smaller package or even a stopgap.
Read the story8 minStalemate over the Debt Ceiling Continues
" If not now… when? " President Obama asked today as leaders of both parties in Congress prepared for yet another White House negotiating session.
Read the story37 minGovernment Unloads Historic US Lighthouses
"For Sale: Historic waterfront property with a spectacular 50-foot-high view of Lake Michigan. Featuring solid, century-old cast-iron construction pained distinctive red. Comes with its own Fresnel lens for signaling ships."
Read the story6 min
