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Republicans admit, “There is no immediate debt crisis”

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NBC NEWS “We do not have an immediate debt crisis,” Speaker John Boehner said on ABC’s This WeekSunday, echoing both Rep. Paul Ryan and President Obama in a rare point of agreement on the nation’s fiscal issues. Last week, Obama told ABC’s George Stephanopolous that “we don’t have an immediate crisis in terms of debt,” and, “in fact, for the next 10 years, it’s gonna be in a sustainable place.” The president’s remarks provoked an outcry from those who thought a blasé treatment of the country’s deficit would harm the chances of a grand bargain. A major Republican contention is that growing debts pose More…

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