House Republicans stepped back from budget negotiations Saturday, leaving the Senate to take the lead on reopening the federal government and avoiding a default on the nation's debt.
At a meeting of House Republicans on Saturday morning, top leaders said they have no new proposal to offer the White House after President Obama rejected their offer.
The White House had expressed deep reservations with Boehner's plan for a debt ceiling increase that would have extended only to November 22 and other demands that would have required a series of negotiations to continue under the threat of debt default and government shutdown.
A senior House Republican aide said it was unlikely that Republican leaders will craft another proposal and submit it to Obama, now that the focus has shifted to the Senate.
My post is for my entertainment, do your own DD before pushing your buy/sell buttons