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The Big Deal: The Deficit Summit

The Big Deal: The Deficit Summit
Jul 9, 2011 · 39m 20s

The statement released by the White House, President Obama stated; "Throughout her long and active life, Elizabeth Anne Ford distinguished herself through her courage and compassion. As our nation’s First...

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The statement released by the White House, President Obama stated; "Throughout her long and active life, Elizabeth Anne Ford distinguished herself through her courage and compassion. As our nation’s First Lady, she was a powerful advocate for women’s health and women’s rights.  After leaving the White House, Mrs. Ford helped reduce the social stigma surrounding addiction and inspired thousands to seek much-needed treatment. While her death is a cause for sadness, we know that organizations such as the Betty Ford Center will honor her legacy by giving countless Americans a new lease on life." President Obama House Speaker John A. Boehner (R-Ohio) abandoned efforts Saturday night to reach a comprehesive debt-reduction deal, telling President Obama that a mid-size package was the only politically possible alternative to avoid a first-ever default on the nation’s mounting national debt. “Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement without tax hikes. I believe the best approach may be to focus on producing a smaller measure, based on the cuts identified in the Biden-led negotiations, that still meets our call for spending reforms and cuts greater than the amount of any debt limit increase.”John A. Boehner
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Author bostonred
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