Obama Faces Angry Democrats As Deadline Looms On Debt Ceiling - Spokane, North Idaho News & Weather KHQ.com

Obama Faces Angry Democrats As Deadline Looms On Debt Ceiling

Posted: Updated:

MSNBC.COM - As efforts to avoid an unprecedented U.S. default entered crunch time Friday, President Obama faced growing tensions with senior congressional Democrats, who are angry at White House concessions to Republicans and at being left out of the talks.

With the clock ticking toward an Aug. 2 deadline to raise the U.S. debt ceiling, Obama and the senior Republican in Congress, House Speaker John Boehner, worked toward a plan that could include up to $3 trillion in spending cuts but might leave tax reform for later, congressional aides said.

Friday is essentially the start of crunch time. The White House initially set a July 22 target for a deal that would leave enough time to get it through the legislative process. But it has backed off that timeframe in recent days with both sides still far apart on the issues.

If Congress fails to raise the debt ceiling in time, the United States would default on its obligations, possibly plunging the country back into recession and sparking a crisis in financial markets worldwide.

The main obstacle remained the issue of tax increases that Obama's Democrats demand and Republicans vehemently oppose.

There were conflicting accounts of how and when higher revenue might kick in, and the White House vowed there would be no deal without this.

Negotiations have seesawed between competing and even conflicting options, and leaders on both sides face resistance within their own ranks to some ideas now gaining traction.

But alarm was expressed most loudly Thursday by Democrats, who have complained about what they see as Obama's willingness to make concessions on social spending cuts. Democrats will also be unhappy if the president agrees to no immediate tax increases. >>>CLICK HERE TO READ MORE

  • Most Popular StoriesMost Popular StoriesMore>>

  • PHOTOS: Hobo Spider season has arrived

    PHOTOS: Hobo Spider season has arrived

    Friday, August 29 2014 5:37 PM EDT2014-08-29 21:37:17 GMT
    KHQ.COM - Mid August is about the time that we start to see spiders come into our homes, particularly the hobo spider. August and September is mating season for the hobo and that means you may be seeing more funnel-like webs in and around your home. Males are on a mission to find a female which is why they are a lot more active at this time.>>
    KHQ.COM - Mid August is about the time that we start to see spiders come into our homes, particularly the hobo spider. August and September is mating season for the hobo and that means you may be seeing more funnel-like webs in and around your home. Males are on a mission to find a female which is why they are a lot more active at this time.
    >>
  • Man hospitalized after downtown dispute

    Man hospitalized after downtown dispute

    Sunday, August 31 2014 10:09 PM EDT2014-09-01 02:09:05 GMT
    SPOKANE, Wash. - One man is in critical condition after a fight in downtown Spokane early Sunday morning, according to Spokane Police. Patrol officers found the man unresponsive at 2:30 a.m. near the intersection of Sprague and Stevens. Witnesses told police the injured man had walked out in front of a taxi and started a fight.>>
    SPOKANE, Wash. - One man is in critical condition after a fight in downtown Spokane early Sunday morning, according to Spokane Police. Patrol officers found the man unresponsive at 2:30 a.m. near the intersection of Sprague and Stevens. Witnesses told police the injured man had walked out in front of a taxi and started a fight.>>
  • Throwback Thursday! Look At 'Sunshine Shelly' Through The Years!

    Throwback Thursday! Look At 'Sunshine Shelly' Through The Years!

    Thursday, March 20 2014 1:04 PM EDT2014-03-20 17:04:11 GMT
    KHQ.COM - It's throwback Thursday! Here is a slideshow we would like to share of Shelly Monahan through the years! For those of you who have been in Spokane for many years, and saw her through her "Sunshine Shelly" days, you will probably remember the Shelly from back in those days. Enjoy!>>
    KHQ.COM - It's throwback Thursday! Here is a slideshow we would like to share of Shelly Monahan through the years! For those of you who have been in Spokane for many years, and saw her through her "Sunshine Shelly" days, you will probably remember the Shelly from back in those days. Enjoy!>>