President Obama Rejects Latest Republican Offer

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WASHINGTON, DC - OCTOBER 02: U.S. Speaker of the House Rep. John Boehner (R-OH) speaks to the media after a meeting with U.S. President Barack Obama about the government shutdown on October 2, 2013 in Washington, D.C. The federal government has been shut down since October 1st, after the House and Senate could not agree on a resolution to keep the government open. (Photo by Alex Wong/Getty Images) (Photo by Win McNamee/Getty Images) Photo: Win McNamee/2013 Getty Images

At a meeting with John Boehner and nineteen other Republicans at the White House this afternoon, President Obama rejected the GOP's latest proposal, which would raise the debt ceiling for six weeks and call on Democrats to enter budget negotiations. According to the Times, Obama rejected the offer because it would keep the government shutdown in place. Nevertheless, "both parties saw it as the first break in Republicans’ brinkmanship and a step toward a fiscal truce." That's the glass-half-full analysis, we suppose.