Some say impasse, some say abeyance.
But whatever they call it, debt negotiations between Vice President Joe Biden and lawmakers hit a brick wall.
After two days of meetings this week, Republicans decided it wasn’t worth going to the third session today and walked away.
House Majority Leader Eric Cantor took the harsher line, saying the talks were at an “impasse.” Dictionary definition: a situation from which there is no escape or a deadlock.
The White House took a gentler line describing the talks as in “abeyance.” Dictionary definition: temporary inactivity or a suspension.
So now they kick it upstairs. President Barack Obama, House Speaker John Boehner and Senate Democratic Leader Harry Reid will take over, according to Reid.





For higher incomes, Obama said the country can’t afford extending tax cuts, but he is willing to talk about it . “We can have a further conversation about how they want to spend an additional $700 billion to give an average of $100,000 to millionaires. That I think is a bad idea.” 


What’s the U.S. policy toward Israel? It may depend on which branch of government you ask.
