House Republican leaders said Wednesday they’ve done their job in negotiations to solve the looming fiscal crisis, while President Obama is returning to the campaign trail to sell tax hikes that studies show won't have much, if any, effect on solving the problem.
“We have done our part by putting revenue on the table,” said House Majority Leader Eric Cantor.
Cantor and fellow House leaders have agreed to close tax loopholes to generate revenue to reduce the $1.1 trillion annual deficit. But they argue the president has yet to say publicly what cuts he will make to the federal budget -- specifically to costly entitlement programs such as Medicare, Medicaid and Social Security -- to reduce the deficit.
Read more: http://www.foxnews.com/politics/2012...#ixzz2DXqyFvXf
Looks as if the ball is in Barry Obama's court now.
And if history has taught us anything, it is that Obama is useless as far as providing leadership.
He is most likely already dreaming of his 4-week vacation to Hawaii or palming a ball on the court with Reggie Love or doing a little dance step at the Apollo ... anything other than working with others to help solve our nation's most critical issues.