*Today, President Obama pretty much said any short-term solutions to the debt limit won’t get it done, as Republicans and Democrats prepare to meet just weeks before the country defaults.
“If not now, when?” Obama asked at a press conference. “Pull off the Band-Aid,” he said. “Eat our peas.”
It’s looking like a deal is going to exceptionally hard to pull off as Democrats are refusing to touch entitlements, and Republicans are resisting raising revenues.
House Speaker John Boehner, who is scheduled to meet with Obama and congressional leaders this afternoon, said Saturday that Republicans would not support the larger deficit-cutting plan Obama proposed because it included tax increases.