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Republican Senator Lindsey Graham was on Sunday also optimistic, that could be achieved until the end of the year "a little compromise" to the "fiscal cliff". While the national debt could initially excluded remain, so Graham against the TV channel Fox News. Such a deal would be a clear victory for the President: "Hats off, he won," said the Republican Senator from South Carolina, which belongs to the moderate members of his party.
Means to me the GOP has valuable and responsible member too. But the final power has President Barack Obama. He must always sort things out. Specially "W" Busch created.
During the presidency of George W. Bush, debt held by the public increased from $3.339 trillion in September 2001 to $6.369 trillion by the end of 2008. The base for the disaster today. Under Bush America started a spending program with economical killing effects. Unfortunate by the ongoing wars President Barack Obama has to increase the debt situation to a new level. But if America can not solve this problem as highest priority ASAP the consequences will be catastrophic.