President Barack Obama has invited U.S. House Speaker John Boehner for a round of golf June 18 as the administration and congressional Republicans wrangle over federal spending and the national debt.Does anyone think this will resolve anything?
Boehner, an Ohio Republican who earlier this week began pressing Obama to get more directly involved in the budget negotiations, has accepted the invitation, said his spokesman, Brendan Buck.
Neither Buck nor a White House official who confirmed the invitation on condition of anonymity would say where the game would be played.
A major dispute concerns Republican insistence that no new taxes be part of any agreement, while Democrats say increased revenue has to accompany spending cuts.
The current debt stalemate could culminate in the year�s second high-level negotiation between Obama and Republican leaders on spending cuts. Obama and Boehner hashed out the final details of an agreement on the 2011 federal budget face-to-face at the White House in April, agreeing to about $38.5 billion in reductions with just hours to spare before a government shutdown.
Speaking of golf, I hope to get some in myself this weekend.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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