Boehner desperate for deal: Takes debt ceiling vote off the table

That stink you smell is John Boehner sweating like a longshoreman as Obama sits back and watches the speaker fall all over himself in a desperate effort to reach a deal to avoid the fiscal cliff. Boehner has conceded to Obama on taxes, entitlement reform - and now the debt ceiling. Washington Post: House Speaker John A. Boehner has offered to push any fight over the federal debt limit off for a year, a concession that would deprive Republicans of leverage in the budget battle but is breathing new life into stalled talks over the year-end "fiscal cliff." The offer came Friday, according to people in both parties familiar with the talks, as part of the latest effort by Boehner (R-Ohio) to strike a deal with President Obama to replace more than $500 billion in painful deficit-reduction measures set to take effect in January. With the national debt already bumping up against a $16.4 trillion cap set last year, Congress risks a government default unless it acts to...(Read Full Post)