Posted by: Schuyler R. Thorpe | July 29, 2011

Paul Ryan Accuses Obama Of Being Too “Timid” On Spending Cuts

(Doesn’t look like the GOP is all that serious about putting up some collatoral in these debt talks to meet the Democrats half way.

Now they want more than what Obama has been willing to give as a show of good faith.

And Republicans call that ‘good governing’? Holding the country hostage over common sense politics?)

GOP’s Ryan calls Obama too timid on spending cuts

WASHINGTON (AP) — House Republicans said Friday they will push ahead with a vote next week on a bill that would cut spending now, curb its future growth and — as a condition for extending the debt limit — require passage of a balanced budget constitutional amendment.

A similar bill has been introduced in the Senate but its prospects are doubtful.

Republican leaders announced the plan as the standoff with President Barack Obama continued over a deal to cut spending and raise the nation’s borrowing limit. Senate leaders were working on a fallback plan, but House Speaker John Boehner told reporters they were “far from the time for a last-ditch effort.”

Boehner also complained that Obama has not put a viable plan on the table. Earlier, House Budget Committee Chairman Paul Ryan, R-Wis., accused Obama of being unwilling to embrace the level of spending cuts necessary to avoid constant repetitions of the debt stalemate currently gripping Washington.

Ryan told MSNBC in an interview that spending cuts must be “much more than what’s being talked about right now” if the government is to achieve anything more than a temporary solution.

Democratic and Republican leaders are still searching for a legislative package designed to produce enough votes for a debt-limit extension that would avert a government default on Aug. 2.

Ryan said that Obama “is just unwilling” to go beyond the amount of budget cuts considered necessary to get past the current crisis.

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