President Obama spoke to CBS News about the possibility of reaching compromise with congressional Republicans on the national debt, stating that he believes a deal will be possible after November's election.
In an interview that aired Tuesday evening, the president spoke out on his relationship with House Speaker John Boehner (R-Ohio), who rejected Obama's "grand bargain" debt ceiling offer last summer.
"I like the speaker personally, actually," Obama told CBS' Scott Pelley. "You know, I actually think that he is a good and decent man who I think wants to do the right thing for the country. His challenge is that there's a wing of his caucus now that is prominent, vocal and thinks compromise is a dirty word. And he hasn't been able to control that caucus."
Obama said that while he has a working relationship with Boehner, the nature of election year politics have stalled compromise for the time being.
"Two months before an election," Obama said, "the speaker is obviously supportive of my opponent and his party and he wants to win as many seats as he can. And he's not gonna go out of his way to try to help me get things done that he thinks I may be able to take credit for."
The CBS interview aired the same day that Moody's Investors Service said it would likely downgrade the United States' debt rating if lawmakers failed to reach a deal on the federal budget. Last year, rival agency Standard & Poor's knocked down the country's credit rating for the first time in history after Obama and Boehner failed to reach an adequate compromise on debt reduction.
The interview, portions of which aired earlier this week, also coincided with the release of Bob Woodward's new book, "The Price of Politics," which offers details on the July 2011 debt battle that led to the S&P downgrade. As The Huffington Post's Jon Ward reported, Woodward details failures on both sides to reach an agreement.
"When you examine the record in depth, you cannot help but conclude that neither President Obama nor Speaker Boehner handled it particularly well," Woodward writes in the book, released Tuesday. "Despite their evolving personal relationship, neither was able to transcend their fixed partisan convictions and dogmas. Rather than fixing the problem, they postponed it."
As the AP reported Tuesday, the latest downgrade threat has done little to spur action in Washington:
House Speaker John Boehner, an Ohio Republican, said he's not confident that Congress can reach a deal and avoid a downgrade. No serious negotiations are expected until after the November elections.
Boehner's Democratic counterpart in the Senate, Majority Leader Harry Reid, was far more hopeful that "some kind of agreement" would be reached after the elections. Reid suggested that the results of the election will weaken the GOP's resolve to block tax increases on wealthier earners and that Republicans will be more willing to compromise.
During the CBS interview, the president also gave his thoughts on the country's political division, rejecting the idea that the country is ideologically polarized.
"There's a segment of the country that's deeply divided," the president said. "It'd be hard to put a number on it... More than anything I think what people would like to see is an end to political maneuvering in Washington and more of a focus on getting the job done."
WATCH THE CBS NEWS INTERVIEW CLIP BELOW:
Also on HuffPost:
Nuts Bring Buckets of Same
Just in case anyone forgot that the House Judiciary Committee ACORN hearing was a House Judiciary Committee hearing about ACORN, <a href="http://www.huffingtonpost.com/2009/12/02/acorn-hearing-a-barrel-of_n_376882.html">Representative Steve King (R-Iowa) helpfully brought a bucket of acorns</a> to the House Judiciary Committee. Also that day, colleague Lamar Smith praising the "turnout so early in the day" at 2:30pm, and Louie Gohmert offering up the malaprop: “From one acorn, many nuts can grow.” Like, say, Peter King.
Hello Kitty, Hello Revolving Debt
Credit cards. Were it not for them, we would have to save up money in order to buy things. But do some credit cards take it too far, marketing to the youths? Byron Dorgan thought so when he saw the Hello Kitty Platinum VISA. "Does it seem to you like they’re targeting that 10-year-old, the 14-year-old." Ha! He should see the <a href="http://www.shopinprivate.com/hello-kitty-pink-guilty.html">Hello Kitty vibrator</a>.
"I'll See Your Baby, And Raise You Two Tweens"
Last time out, we made mention of Representative John Shadegg's (R-Ariz.) attempt to wield a baby in order to make a point about how terrible health care reform was. We neglected to mention that Representative Pete Stark (D-Calif.) took it a step further, and attempted to bring two young children to make his own points about health care (5:25 in video), at which point the House was officially barred from trafficking in human props any further.
John Thune's Stackin' Dollars
How much is too much stimulus? When it allows representatives to make junior high math analogies based on topography and astronomy, maybe. Here, Senator John Thune (R-S.D.) makes some stupid pictures of dollar stacks that extend into the sky, to the celestial firmament itself. “If you took 100 dollar bills, Mr. President," Thune said, "and stacked them on top of each other you would have a stack that goes 689 miles high.” He added, "In other words, if you took the 100 dollar bills and not stacked them on top of each other, but wrapped them side-by-side all around the earth… If you could believe this, it’d go around the earth almost 39 times." So, we cannot stimulate the economy, because of science! (1:15 in clip)
Gettin' High On Your Own Supply (Of A Substance That Does Not Get You High)
Representative Steve Buyer (R-Ind.) wasn't having any of that whole "regulating tobacco" stuff. Why? Because it's "not the nicotine that kills, it's the smoke!" So, he argued, why don't we regulate lettuce, to keep people from smoking lettuce? Wouldn't that prevent a "pandemic" of cancers? This would have been a good point, were it not for the non-existence of either a massive industry geared toward curing lettuce and rolling it into cigarettes, or a target market of consumers who were even remotely interested in smoking lettuce. BUT YEAH OTHER THAT ALL THAT STUFF (and the fact that nicotine is addictive) STEVE BUYER IS A GENIUS.
And Now, A Poem From Ted Poe
From Rep. Ted Poe (R-Texas): <i>It came on two pages, It has withstood the ages. / The word "shall,'' is only 10 times mentioned, But enough to get one's attention. / No taxes did this law raise, To this day it continues to create much praise; / Two great religions does it claim, The "Law of the Ten Commandments'' is its name. / A current writing, 1,990 pages long, Has a socialist philosophy that is all wrong; / Difficult for the people to understand, And troubling what big government doth demand. / Over 3,445 "shalls'' it does loudly shout, New massive taxes does it proudly tout; / Written in secret by the bureaucrats, For exclusive use of the taxacrats. / The Congressional bill called "Health Care Reform," Is illusionary, the authors are still ill-informed; / Government ought not take over America's health biz. / And that's just the way it is."</i> And so, America, this is why you should have to die of easily treated medical conditions.
And Now, An Even Dumber Poem, From Roland Burris
From the junior senator from Illinois: <i>"It was the night before Christmas, and all through the Senate / The right held up our health care bill, no matter what was in it / The people had voted a mandated reform / But Republicans blew off the gathering storm / We'll clog up the Senate, they cried with a grin / And in the midterm elections, we'll get voted in / They knew regular folks needed help right this second / But fundraisers, lobbyists and politics beckoned / So try as they might, Democrats could not win / Because the majority was simply too thin / Then across every state there rose such a clatter / The whole senate rushed out to see what was the matter / All sprang up from their desk and ran from the floor / Straight through the cloakroom and right out the door."</i> <a href="http://www.huffingtonpost.com/2009/12/22/burris-backs-reform-with_n_400456.html">There's more</a>, but you will probably want to shoot yourself in the face after you read it.
Chuck Grassley Goes All Aggro On The Speaker Box
For some reason, in the course of discussing fuel efficiency standards, Senator Chuck Grassley decided he should drive his point home by shouting out Ashton Kutcher and his movie, "Dude, Where's My Car." Prior to this, Grassley went on an <a href="http://rawstory.com/news/2008/Speech_by_GOP_Senator_references_stoner_0924.html">extended monologue</a> about Pink Floyd's <i>Dark Side of the Moon</i> album and the shards of a broken prism and the "multishades" of light. Just straight up tripping balls, in the well of the Senate. Anyway, as you now know, this TOTALLY fixed fuel efficiency standards!
Sam Brownback Will Save Your Inanimate Genetic Material
Who's looking out for your precious bodily fluids? Kansas Senator Sam Brownback, that's who. And he's enlisted the help of a young girl, named Hannah, who has the power of talking to human embryos! "<a href="http://thinkprogress.org/2006/07/18/brownback-embryo/">Are you going to kill me?</a>" the embryos asked Hannah, who immediately scrawled a picture of this conversation on a giant piece of posterboard, so that Sam Brownback could stop people from killing the stem cells. And then Sam Brownback went on to support a bunch of wars in the Middle East!
The Most Important Prop Of All
James Inhofe (R-Batshit) hates him some gay marriage, and the gays in general. And to make his point, he carries around with him The Most Important Prop in America: a picture of his family. "As you see here, and I think this is maybe the most important prop we’ll have during the entire debate, my wife and I have been married 47 years. We have 20 kids and grandkids. I’m really proud to say that in the recorded history of our family, we’ve never had a divorce or any kind of homosexual relationship." Ha! THAT HE KNOWS OF!