Keywords: debt ceiling, meeting, white house, obama, reid, boehner,
The president today met with leadership of both chambers of Congress to push is "post-it" economic "to-do" list. Obama attempting to get both House Speaker John Boehner and Senate Majority Leader Harry Reid on to adopt his game plan to aide the still fragile economy.
But with much of the media attention leading up to the meeting focused on the debt ceiling, Mr. Obama and Speaker Boehner reportedly had a testy exchange about the future of the nation's debt limit and spending.
According to reports, Boehner asked Obama if he was proposing that Congress increase the debt limit without corresponding spending cuts. The president replied, "Yes," the Boehner aide said. At that point, Boehner told Obama, "As long as I'm around here, I'm not going to allow a debt-ceiling increase without doing something serious about the debt."
Shortly after the meeting, White House Press Secretary Jay Carney chimed into the debate.
"You have to ask the Speaker of the House whether or not he intends or he believes that it is the right thing to do for the American people or the American economy to play chicken with the full faith and credit of the United States of America," Carney said.
Lou Dobbs appearing on FOX Business Network's "Market Now" had to hold back full blown laughter at the charade playing out in Washington DC. .