Obama: Compromise On Debt Deal Possible After Election Season
President Obama spoke to CBS News about the possibility of reaching compromise with congressional Republicans on the national debt, stating that he believes a deal will be possible after November's election.
In an interview that aired Tuesday evening, the president spoke out on his relationship with House Speaker John Boehner (R-Ohio), who rejected Obama's "grand bargain" debt ceiling offer last summer.
"I like the speaker personally, actually," Obama told CBS' Scott Pelley. "You know, I actually think that he is a good and decent man who I think wants to do the right thing for the country. His challenge is that there's a wing of his caucus now that is prominent, vocal and thinks compromise is a dirty word. And he hasn't been able to control that caucus."
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