Pressures on Obama for Debt Deal Mount
“Dealing with this deficit problem is far more important than meeting some artificial date created by the Treasury secretary.”
— House Speaker John Boehner on “Hannity with Sean Hannity.”
When President Obama emerges today for an 11:30 a.m. press conference he will either be looking to pump up the pressure on Republicans for a debt deal or reassure participants in a shaky economy that a deal is nigh, but he can’t do both.
The president is being buffeted by competing political pressures.
Americans think his handling of the economy and debt issues is poor, so he needs a deal with Republicans quickly. Lingering uncertainty will harm the economy further and an impasse on such a vital issue given the long warning will look like a failure of presidential leadership.