Greta Van Sustren has a quote up from Eric Cantor. Cantor and the House Republicans are blaming Saxby Chambliss, Mike Crapo, Tom Coburn, and the other members of the Gang of Six for blowing things for them.It might actually be a blessing in disguise. Why? Because the overlooked portion of the Cantor statement makes clear to House Republicans that Leadership is abandoning Cut, Cap, and Balance for a deal.
"….Contrary to news reports, a deal was never reached with the White House and a deal was never close with the White House – especially after the President insisted on more tax revenue after the Gang of Six plan was released. America will pay its bills and meet its obligations, and in coming days we will offer a path forward that meets the President’s request for a debt limit increase, manages down the debt, and achieves serious spending cuts…."
One can readily presume that if Leadership were sticking with Cut, Cap, and Balance they'd have said they already offered up their plan and they are sticking to it.We can conclude they are not going to hold the line.I should note that President Obama's behavior at his press conference today suggests he is a man who knows he does not hold the upper hand. You'd think the House GOP would, therefore, keep pushing the only plan that can pass by August 2nd — cut, cap, and balance.