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White House budget talks with Senate Republicans break off

The White House and the United States among a small group of Republican senators budget negotiations have reached an impasse , to eliminate the only effective channels to solve Washington's deep fiscal balance as a key deadline looming , senators and aides said on Friday .
, A Republican senator from Indiana Dan Coates said, "In Thursday's meeting did not produce any movement toward an agreement to reduce" unsustainable debt and deficits between eight senators and the White House Office the staff director Dennis McDonough .
"While these discussions have been serious and frank , this week's meeting at the White House unfortunately proved that the two sides still far apart, and do not want to take the bold action necessary to really solve our fiscal challenges and prevent this ruling Current Mode from the administrative crisis crisis , " Coates said in a statement .
He added that the solution must include the restructuring of expensive federal welfare programs , tax reforms and cut other unnecessary expenses.
Senate Republican aide said , by Johnny Isakson of Georgia led a group of senators do not see any reason to continue the meeting because there is not enough common ground . An aide said the main sticking point is the Obama administration refused to consider a larger transaction , including cuts to entitlement programs such as Medicare .
"On the contrary , the White House would like to try a small trading team income, which is a non-starter for the Republicans , " the assistant said .
President Barack Obama and his Democratic Party insists that the extra taxes, greatly improves the tax breaks for the wealthy and credits off , as part of any deficit reduction agreement .
In Thursday night's talks , White House officials stressed that condition.
" For budgetary matters , the President has been clear , close tax loopholes , is conducive to the rich part of any big deal , in recent years has made it clear , " the official said .
Republican senators had been meeting regularly McDonough , the White House budget director Sylvia Mathews Burwell and other officials since June . The two sides agreed on the size of the U.S. debt problem difficult , let alone how to shrink the deficit .
Congress and the White House talks to leave no clear way , the need to expand the new fiscal year beginning October 1 , to provide funding for government agencies , and an increase of $ 16.7 trillion federal debt ceiling agreement . Ministry of Finance said last week that it would need to bring in mid-October the borrowing ceiling to ensure that America's obligation to pay .
In the House Republican leadership has not said how they will finance the looming deadline , but a growing number of Republican Congressman said that they would not support government funding piecemeal , stop-gap measures , unless it 's from the implementation of key elements to conceal money "Obamacare ," the president's signature health care reform .



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