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July 12th, 2011
02:11 PM ET

What will it take to get a debt ceiling deal done by August? Two strategists weigh in

President Obama is challenging Republican lawmakers on raising the nation's debt ceiling. Talks are expected to resume today and the President is insisting that he won't accept any short-term fix.

What will it take for Democrats and Republicans to come together on a debt ceiling deal?

This morning on American Morning, former White House communications director under President Bush, Nicolle Wallace and CNN political contributor James Carville discuss the possible concessions that need to be made for both sides to come to an agreemnet.


Filed under: Debt • Debt ceiling • Politics
soundoff (4 Responses)
  1. James Edwin Whedbee

    Lock every Senator and Member of Congress into the Capitol (like the Conclave in the Catholic Church) until they solve this once and for all...

    July 20, 2011 at 11:10 am |
  2. Melody Adams

    Social Security is being held hostage; by BOTH Sides of this arguement; to balance a budget that has accumulated over how many years?
    how many times has it been borrowed against and not repaid?
    How many times will America call upon the disabled;the elderly and others who paid into and rely upon Soc Sec as their only source of income.
    I say reinstate taxes upon those corporations that have long been absent in the support of this nations progress. If they dont pay, then they dont get to speak or have authority in the arena of our governemt!
    . STOP shifting the rules around and punishing those among us who have no OTHER resources.

    July 13, 2011 at 6:42 am |
  3. Robert McMullen

    What am I missing? Not enough REVENUE to cover Soc. Sec checks? What happened to my contributions in over 50 years of Payroll deductions from my pay and of millions of others over 65?

    July 13, 2011 at 6:41 am |
  4. Ken LaCount

    If my SS check doesn't show up I default on my rent and ultimately am evicted. Washington wake up! Do what you are being paid to do,

    July 13, 2011 at 6:31 am |
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