Woodward book blames Obama for debt deal collapse

Read the entire 7,000 word ABC News story to get a grasp of Obama's incompetence in dealing with a major negotiation. Absolutely breathtaking: An explosive mix of dysfunction, miscommunication, and misunderstandings inside and outside the White House led to the collapse of a historic spending and debt deal that President Obama and House Speaker John Boehner were on the verge of reaching last summer, according to revelations in author Bob Woodward's latest book. The book, "The Price of Politics," on sale Sept. 11, 2012, shows how close the president and the House speaker were to defying Washington odds and establishing a spending framework that included both new revenues and major changes to long-sacred entitlement programs. But at a critical juncture, with an agreement tantalizingly close, Obama pressed Boehner for additional taxes as part of a final deal -- a miscalculation, in retrospect, given how far the House speaker felt he'd already gone. The president called three...(Read Full Post)

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