See how and why Washington is not functioning in Bob Woodward’s freshly reported, thirty-five-page Afterword to his national bestseller, The Price of Politics, which provides a detailed, often verbatim account of what happened in the dramatic “fiscal cliff” face-off at the end of 2012 between President Obama and the Republicans.
Now it’s happening again. In fall 2013, Washington faces a new round of budget and fiscal wars that could derail the American and global economies.
“We are primarily a blocking majority,” said Michael Sommers, Speaker John Boehner’s chief of staff, summarizing the House Republican position.
It was the land of no-compromise: On health care cuts over ten years, Boehner suggested to Obama, you are $400 billion, I’m at $600 billion. “Can we split the difference here? Can we land at $500 billion?” “Four hundred billion is it,” Obama replied. “I just can’t see how we go any further on that.”
After making $120 billion in other concessions, Obama pleaded with Boehner, “What is it about the politics?” “My guys just aren’t there,” Boehner replied. “We are $150 billion off, man. I don’t get it. There’s something I don’t get.”
The Price of Politics chronicles the inside story of how President Obama and the US Congress tried, and failed, to restore the American economy and set it on a course to fiscal stability. Woodward pierces the secretive world of Washington policymaking once again, with a close-up story crafted from meeting notes, documents, working papers, and interviews with key players, including President Obama and House Speaker John Boehner. Woodward lays bare the broken relationship between President Obama and the Congress.
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The prices of polites
The American people should read this great book thanks Bob.
Price of Politics by Woodward
Excellent insights into how Washington has failed to address the financial crisis that our nation continues to face. From the egos and attitude of Rahm Emanuel and Barack Obama that prevented compromise during the first two years of the administration to the rigid opposition of Cantor and tea party members during year three, Woodward captures it all.
What a scary book Bob Woodward has written! Showing the vulnerabilities of the Obama administration prior to the 2012 election should be required reading for all taxpayers. I've become a huge fan of Eric Cantor and Paul Ryan as two of the republican leaders who still make sense of all the nonsense going on in Washington.
After reading the price of Politics, I'm convinced that Pres. Obama cannot get us out of the next economic meltdown which he will be responsible for causing.