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Press Briefing by Press Secretary Jay Carney, 5/16/12 ^ | May 16, 2012 | Jay Carney

Posted on 05/17/2012 3:44:51 PM PDT by Oldeconomybuyer

Q: Speaker Boehner this morning asked where is the President's plan to tackle our looming debt crisis? Can you answer that?

MR. CARNEY: The Speaker knows exactly where it is. You know exactly where it is. He presented a budget that does just that -- that cuts our deficits by over $4 trillion.

Q: But his own party won't even bring it up for a vote.

MR. CARNEY: But where are the Republicans? Where have they demonstrated a willingness to compromise? Where have they demonstrated a willingness to do what everyone on the outside -- believe is the right thing to do?

Q: Just a quick point of clarification. The $4 trillion in deficit reduction, about $2 trillion of that is from winding down the war in Iraq.

MR. CARNEY: No, that’s --

Q: It's separate?

MR. CARNEY: That figure is too high. The key stumbling block here --

Q: Is that the Republicans in the House refuse to raise any taxes.

MR. CARNEY: Refuse to acknowledge that the only way to do this, the only way to come together and get this done, is to adopt the balanced approach.

Q: These commission recommendations you keep talking about there’s a consensus about -- President Obama has not endorsed any of them, right?

MR. CARNEY: The President has endorsed the balanced approach that is represented by the Simpson-Bowles Commission.

Q: But he didn’t support --

MR. CARNEY: The numbers are not exactly the same. And in fact, what is off --

Q: But he doesn’t support their recommendations?

MR. CARNEY: Not all of them in their specifics, but --

(Excerpt) Read more at ...

TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: budget; election2012; journalism; media

1 posted on 05/17/2012 3:44:58 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

This is full of hot air! Carney is like a carny in the circus.

2 posted on 05/17/2012 3:54:31 PM PDT by rawhide
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To: Oldeconomybuyer

He forgot to blame Bush.

3 posted on 05/17/2012 5:10:23 PM PDT by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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