House Minority Leader Nancy Pelosi (D-San Francisco) was asked to the White House on Thursday evening along with Senate Majority Leader Harry Reid (D-Nev.) as President Obama tried to soothe Democrats. Many worried that he was retreating on has demand for new revenue to accompany slashes in federal spending. (Tom Williams, Roll Call / July 22, 2011)Lisa Mascaro and Christi Parsons (LA Times):
As President Obama pushed hard for a grand deal to reduce the federal deficit, he ignited a furor among congressional Democrats on Thursday by appearing to retreat from his insistence that spending cuts and revenue increases be included in the same package. MORE...Howie P.S.: Digby is also unhappy.
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