And Speaker of the House John Boehner says the President and his allies are basically all talk and no action when it comes to cutting spending and decreasing the nation's debt.
Here's a late-breaking excerpt from the Wall Street Journal:
"This debt-limit increase is his problem," Mr. Boehner said after a morning meeting with Republican House members. "The president talks a good game, but when it comes time to actually putting these issues on the table, making decisions, they can't quite pull the trigger."Click here to read the full story.
Mr. McConnell said he concluded after the latest negotiations that the administration had "expressed a fundamental unwillingness" to agree to significant spending cuts.
"But after years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is unattainable," Mr. McConnell said in a Senate floor speech.
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