Jake Tapper reports on this afternoon’s debt discussion at the White House:
Boehner said at one point that “it’s clear to all of us how big this spending problem is. Congress keeps voting for programs we can’t pay for. But look, entitlement cuts aren’t easy for us to vote for either. Our guys aren’t cheerleading about cutting entitlements.”
“Your guys already voted for them,” the president said, referring to the budget offered by House Budget Committee Chairman Paul Ryan, R-Wisc.
“Excuse us for trying to lead,” Boehner said.
The president today continued to make the case for a big deal, arguing that if they’re going to draw heat for the deal, they should at least do more than make a down payment on the deficit – they should get the country on sounder financial footing and begin to seriously bend the deficit cost curve.
During another exchange, Republicans were going through proposed tax increases as bad for jobs.
“C’mon, man!” Vice President Biden exclaimed, “let’s get real!”
The Vice President argued that their opposition isn’t economic, it’s ideological, that no real economist thinks they’re “job killers.”
Uncle Joe might have a pretty skewed definition of who qualifies as a “real economist,” but that simply isn’t true. Furthermore, here is what President Obama had to say in August 2009 defending his own opposition to raising taxes during a recession: “[T]he last thing you want to do is raise taxes in the middle of a recession because that would just suck up – take more demand out of the economy and put business further in a hole.”
Now, however, despite a “stubborn” unemployment rate (9.2 percent) and an economy that has “moved slower than we wanted,” the president is demanding $1 trillion in tax increases “for the good of the country.”