"(Reuters) - U.S. budget talks collapsed on Thursday after Republican negotiators walked out, throwing doubt on Washington's ability to reach a deal that would allow the government to keep borrowing and avoid a debt default.
Representative Eric Cantor, the No. 2 Republican in the House of Representatives, said participants had identified trillions of dollars in potential spending cuts but were deadlocked over tax increases sought by Democrats. Republican Senator Jon Kyl also pulled out, according to an aide.
"Regardless of the progress that has been made, the tax issue must be resolved before discussions can continue," Cantor said in a statement.
"House Speaker John Boehner, the top Republican in Washington, said Democrats must take tax hikes off the table.
"These conversations could continue if they take the tax hikes out of the conversation," Boehner said.
Negotiators had hoped to reach a budget deal by next week that would give lawmakers political cover to raise the $14.3 trillion debt ceiling before the Treasury Department runs out of money to pay the country's bills."
This is such a joke!!! Republicans are willing to negotiate as long as they get EVERYTHING they want, and their precious rich cronies are not affected. As long as all that is cut are Democrat programs, they are all about cutting the deficit. But as soon as their precious tax breaks are mentioned (tax breaks that have NOT created jobs or made for a better America, they have merely produced richer CEO's and the dissolving of the middle class), they just storm out- they can't even sit and have a civil discussion.
Apparently Reps. have forgotten what a democracy is all about- working together and compromising to determine what is best for the country. Apparently they have no human decency left in them, and all they can do is whine and pout until they get their way (oh, but of course they will blame the Dems for doing nothing about the deficit, even though THEY are the ones who are throwing tantrums louder and more annoying than my 2-year-old. All to protect their spoiled, rich, rotten, billionare financiers. And we wonder why nothing productive can get done in Washington!)