GOP and Democrats Deadlocked On Debt Ceiling

Republicans still refuse to consider any new taxes, and Democrats are just as adamant that a deal needs to include new revenue.

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Story Created: Jul 5, 2011 at 2:43 PM AKDT

Story Updated: Jul 5, 2011 at 2:43 PM AKDT

 

Congress has raised the debt ceiling 102 times since it was first instituted in 1917, and 10 times in the last decade. But never before have the stakes been so high - or Democrats and Republicans so unwilling to budge.

 

"Normally what you see in these negotiations is tough stances, but at least some willingness to go - not half-way, but a quarter of the way to where the other side is," said Norman Ornstein, a longtime student of Congress and a resident scholar at the American Enterprise Institute for Policy Research.

 

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Anonymous said on Thursday, Jul 7 at 6:00 AM

Those d-- democraps. If it wasn't for that group of liberals America would have a chance of survival.We need to make the congress and Senate a two term office like the presidents. Pray we get rid of them this next election, especially that lying dog Bumo boy.He has ruined the United States with is left wing, liberal, radical muslim beliefs!!!

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