Just got home. Can someone explain succinctly what is going on?

[Tennessee Gal]

So many threads and so little time. Would appreciate a concise explanation.

edit for spelling

[high density]

1. Boehner called up Obama and said he's done trying to negotiate

Boehner now wants to deal directly with the Senate instead of with the White House.

[tularetom]

2. Boner flounced out of the meetings in a snit. Obama got pissed.

Other than that, nothing has changed since yesterday. There's no new proposal, no deal, no 14th amendment solution, just a lot of drama with no real significance.

[Tennessee Gal]

3. So Boehner showed his true colors?

Is that about it?

[high density]

4. Right, Boehner didn't get his way, threw a hissy fit, and blamed it on Obama.

That's it.

[Dept of Beer]

13. His true colors...

[Tennessee Gal]

5. But what was the disagreement about?

Why did "orange man" walk out? Regarding what position did Obama take a stand against? What was the big disagreement?

[boppers]

7. It was over revenue.

Obama wanted to close loopholes. Orange man refused.

[Tennessee Gal]

10. So orange man would not agree to any increase of any kind ..

in taxes? And he walked out over that? No surprise there.

[elleng]

14. COULD not agree. He has little if any control over his caucus, it appears.

[golfguru]

16. Boner claimed Obama moved the goal posts

According to Boner, they had reached an agreement on amount of tax increase based mostly on closing loopholes, and then Obama wanted $450 Billion more in taxes. That is Boner's explanation on why he walked out of WH negotiations.

[jaxx]

6. Videos of the press conference:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x602681

The President was dynamite!!

[wiggs]

8. Boehner's expressed his certitude and arrogance that the gop way is the only

way and then PObama drank his milkshake.

[Trajan]

9. People here are nicer than I ....

Can I get your slippers for you ? ..... It is a tad far to the coatroom ....

[AlinPA]

11. Boehner wants the default. He just showed that it's his goal.

[falcon97]

12. There is still no deal

and there is a meeting on Saturday. Aside from that, a lot of people have said a lot of words that may or may not mean anything and may or may not be all true or partially true.

The offshoot is that President Obama appeared as frustrated with Republicans as most people can remember.

[joshcryer]

15. Obama bluffed, the Republicans blinked (neither side can win cutting 'entitlements').

I have no doubt Obama would have sincerely went after 'entitlements' but he was going to always blame the Republicans during the elections, and it would've been effective. "We tried to get a deficit deal but the Republicans wanted entitlement cuts." But by the same token Obama is a wise man and he knows that the Republicans are cowards and they wouldn't do it if Obama signed off completely, because they couldn't play it right in a national election.

Then we have the Republicans claiming that they want to cut entitlements even more which is why they walked, but of course, that's merely pandering to the far right in their party, and they know that doing any sort of cuts in that vein is a losing strategy.