Wednesday, July 13, 2011

Moody's adds pressure to stalled debt talks

Okay, we get Moody's is itching to downgrade the US credit rating if the debt ceiling isn't lifted.  But this?

Obama abruptly ended a tense budget meeting with Republican leaders by walking out of the room, a Republican aide familiar with the talks said.

The aide said the session was the most tense of the week as House of Representatives Speaker John Boehner, the top Republican in Congress, dismissed spending cuts offered by the White House as "gimmicks and accounting tricks."

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