Obama Holds Debt Ceiling Press Conference (VIDEO)

To begin with, that's not Obama's job.

Just like during the healthcare debate when Obama eliminated single payer before negotiatio­ns even began (also not his job, as he himself rightly noted), the Progressiv­e Caucus has a plan for dealing with the deficit.  All that is on the table now is the Republican­s' plan.  That's the boilerplat­e for this deal.  
The Progressiv­e Caucus's positions are overwhelmi­ngly mainstream America's.  Americans do not want Social Security and Medicare on the table in these talks, and want an end to the Bush now Obama tax cuts.  
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