President Obama publicly pressed both Democrats and Republicans, urging them again to make compromises on the nation’s debt.
In today’s press conference at the White House, Obama gave off the vibe of grown-up-in-chief, telling lawmakers to "pull off the Band-Aid" and "eat our peas." He said, "it’s not going to get easier; it’s going to get harder. So we might as well do it now."
Obama reiterated his stance to find a long-term solution by the August 2 deadline. And he’s going big:
"I will not sign a 30-day, or a 60-day, or a 90-day, or a 180-day extension: that is just not an acceptable approach,” he said at a White House press conference. “If we think it’s hard now, imagine how these guys [in Congress] are going to be thinking six months from now, in the middle of an election season when they’re all up."
The president went on by saying "now is the time to deal with these issues,” and borrowed a line from singer Tracy Chapman by asking, "if not now, when?"
Facing mounting pressure from the GOP, Republican Speaker John Boehner said today, "I do think that whatever agreement that we come to is going to have to pass the House and Senate on a bipartisan basis." But, he said the House cannot pass any bill that "raises taxes on job creators."
The president told reporters group negotiations will continue on a daily basis until this gets fixed.