Obama threatens veto on short-term debt deal

There is nothing that the President can do that will appease either side 100 percent. I hope he continues to listen to the will of the people. The majority of the American people stand with the President. Mr. President, make Congress work for it this summer.

President Barack Obama told congressional leaders Thursday that he would veto a short-term deficit deal, eliminating an option floated by Senate Republicans to extend the debt limit for only a few months, according to sources familiar with the negotiations.

The president went further during his private meeting than he had a day earlier in public, when he simply said he opposed a short-term measure. By drawing a harder line, Obama aims to avoid revisiting the debt limit again until after the 2012 elections.

Obama said in brief public remarks that his 90-minute meeting with congressional leaders on resolving the budget stalemate was “very constructive,” but the parties are “still far apart on a wide of range of issues.”

After opening a more intensive phase of negotiations, Obama added that the leaders and their staff would work through the weekend and meet again on Sunday at the White House.

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